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Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)

Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).

Insurance changes to make shopping around easier

DRIVERS renewing their car insurance could find it easier to shop around or haggle for a discount under new proposals set out by insurers. The Association of British Insurers (ABI) said it has written to the City regulator, suggesting that new minimum standards of information should be set across the market. The standards would mean that renewal documents for motor and home buildings and contents insurance would include the premium that the customer started the year paying alongside their renewal quote, so that they could be compared more easily.

Jaguar’s XF Coupe Revealed

Not since the Jaguar XJ came out in the late 60s, when I was but a slip of a lad, have I fallen in love with a Jaguar. But now, thanks to the renderings released today by Auto Express, I have once again. The image you see here is the Jaguar XF Coupe, the beautiful 2-door version of the XF Saloon, which Jaguar plan on launching in 2010.