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

McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

Toyota: Runaway Prius accounts ‘inconsistent' with testing

Toyota is challenging the accounts of a motorist whose Prius sped out of control last week in San Diego, calling his reports of the incident “inconsistent” with the initial findings of the company. Toyota released the results after two days of testing on a 2008 Prius hybrid that sped out of control last week in California, and it maintained that the car's brakes and throttle functioned properly. The now-infamous incident occurred on March 8, when a Prius driven by James Sikes was reported in a 911 call to be speeding uncontrollably.

BAIC previews Concept 900 ahead of Shanghai reveal

BAIC will unveil its Concept 900 at this week's Shanghai auto show, previewed in three images. The Concept 900 sports sedan is the latest result of BAIC's ongoing collaboration with the Fioravanti-Eastone carrozeria following last year's C90L, first seen in Beijing. It has been created to indicate BAIC's future design language.