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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).

LTU Inaugural Transportation Design Show

On Thursday 8 May 2008, Lawrence Technological University (LTU) celebrated their Inaugural Transportation Design Freshmen Show at the school's campus in Southfield, Michigan. The Inaugural Show - sponsored Ford Motor Company - exhibited projects completed in a course of a single semester (15 weeks) from sketch to model by six freshman students. The brief was to develop a vehicle concept that utilized Ford's small vehicle platform in order to address environmental issues while attracting new customers.

Show Review: 100% Design Tokyo

Tokyo held its design week late last year, overlapping with the tail-end of the auto show. Though thankfully easier to get to than that, what you get is a bit different to expectations. Japanese are noted for the effort they give presentation: it's in their dress, their language, in how they wrap gifts in stores and serve food in restaurants.