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2010 Lexus RX 350 gets $37,625 sticker

The redesigned 2010 Lexus RX 350 gets a sticker price of $37,625 for the front-drive model, and $39,025 for the all-wheel-drive model. The new RX goes on sale later this month. Lexus engineers have coaxed an additional 5 hp from the 3.5-liter V6, bringing the output to 275 hp.

First Corvette Stingray Convertible sells for $1 million

The first Chevrolet Corvette Stingray to be built has been auctioned for charity by Barrett Jackson  and bought by Rick Hendrick for $1 million. The new Corvette Stingray Convertible was offered for sale this weekend at Barratt Jackson’s auction in Palm Beach, Florida, with GM donating the healthy proceeds of $1 million to the Barbara Ann Karmanos Cancer Institute. The Stingray Convertible was bought by wealthy NASCAR team owner Rick Hendrick, who can now add the Stingray Convertible to his collection of cars, which also includes the first of the new Stingrays for which he paid $1.1 million.

Honda fires new F1 engine for first time

EVEN BEFORE the 2013 Formula 1 season has ended preparations and development are already well under way for next year, especially so because of a radical change to the rules. From 2014 all cars will be powered by small 1.6-litre turbocharged V6 engines, signalling the end of the current 2.4-litre non-turbocharged V8 engines, bringing them closer in basic layout - if not output - to normal road car engines. For Honda 2015 is a return to the sport in partnership with McLaren, and the Japanese firm's engines will power the 2015 McLaren challenger.