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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).

Remember this twin-engine, AWD, home-brew Scirocco?

Obviously, the big problem with the VW Scirocco is that its rear wheels aren't driven. Around a decade ago, a guy named Anson decided to solve that problem by shoving a second VW motor in the rear end of his Scirocco. Sure, VW had done it before, but this enterprising do-it-yourselfer spent just $1,800 on the build.

Jaguar: Sales rose 8% in 2008

Jaguar Cars Ltd., which stopped reporting sales figures after being purchased by India's Tata Motors in June, said global sales rose 8 percent last year while U.S. volume fell. Jaguar sold 65,000 vehicles in 2008, Managing Director Mike O'Driscoll said in an interview at the Detroit auto show.