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McLaren F1 GTR Longtail sells at Gooding & Co for $5.28 million

McLaren F1 GTR Longtail (pictured) sells at Gooding & Co for $5.28 million Even with the arrival of the new McLaren P1, the ultimate supercar is still the McLaren F1. The McLaren F1 is one of rarest of the more modern supercars, and McLaren produced just 64 road going F1s in addition to a number of racing versions, with the F1 GTR Longtail the last, and rarest, of the breed. So the arrival of a McLaren F1 GTR Longtail on the auction block at Gooding & Co’s sale in Scottsdale raised expectations of a possible record-breaking price for the GTR Longtail, with pre-sale estimates putting the price between $5 and $7 million.

General Motors to kill Daewoo name in South Korea, switch to Chevrolet

General Motors Co., trying to position Chevrolet as a key global brand, is killing the long-used GM Daewoo name in South Korea and putting the Chevy bowtie on its cars there. The name GM Daewoo Auto & Technology Co., in use since GM took over the struggling South Korean automaker in 2002, will be phased out by the end of March. The new name will be GM Korea Co., the company said in a statement.

Jaguar Heritage Museum to close.

Jaguar Heritage Museum to close Jaguar has decided to close the Jaguar Heritage Museum at Browns Lane as they wind down operations at the historic site. It’s less than three years since the Jaguar Heritage Museum was relaunched as a show case for the history of Jaguar cars. With 150 cars in its collection – from the first Jaguar badged car, the 1937 SS, to C-Type, D-Type and the last convertible V12 E-Type – the Jaguar Heritage Museum is a magnet for Jaguar nuts from around the world.