TomTom unveils latest navigation system

TomTom’s Go 2505 M Live navigation system debuted on Wednesday at the 2011 International Consumer Electronics Show in Las Vegas. The new system will be the first to offer TomTom’s HD traffic service, which provides drivers with accurate information for all major roads in real time and which updates every two minutes. The new system also includes voice recognition and Bluetooth hands-free calling.

EBay exotic: 1971 Maserati Indy

In honor of the upcoming 100th anniversary of the Indianapolis 500, we bring you this lovely red 1971 Maserati Indy. Styled by Vignale, the Indy served as Maserati’s four-passenger business express from 1969 to 1971, powered originally by a 4.2-liter V8 and later by 4.7- and 4.9-liter versions of the Ghibli powerplant. This Oregon-based Euro-market example has a five-speed manual gearbox and power steering, and the owner of 20 years claims to have had a lot of expensive-sounding work done over the past few years.

Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).