Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).

New Range Rover is Car Dealer’s Car of the Year

The new Range Rover (pictured) get Car Dealer Magazine’s Car of the Year Award The new Range Rover may have started its trophy cabinet with an award for the best 4×4 from the Sunday Times – even though they’d never driven it – but the Car of the Year Award from Car Dealer Magazine is a much more credible one. It’s more credible because it’s voted on by car dealers across the UK – from a wide range of franchises – and gives credibility not just to the new Range Rover but to Land Rover’s support of dealers too. Car Dealer Magazine say the new Range Rover was the clear winner by a mile, with dealers commenting the latest version of the Range Rover is a gargantuan step on from the old model – which itself was already very good – and that it ‘Cannot fail to impress’.

Lexus IS sedan highlights SEMA show display

This is the year of the IS for Lexus at the SEMA show, with seven of the sports sedans all together on different stands scattered around various halls of the Las Vegas Convention Center. But there will also be one LFA and a bicycle. Let's start with the LFA.