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Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.

Ken Block and his Ford Fiesta slide into Forza Motorsport 3

Rally and gymkhana driver Ken Block is torturing tires with a Ford Fiesta these days. So our Microsoft friends at Turn 10 Studios, makers of Forza Motorsport 3, have their version of Block and his rally Fiesta sliding their way around some open space and through the warehouse available for viewing. So here you go.

30% of drivers would do a runner after a parking scrape

Almost a third of drivers would consider leaving the scene of an accident if only minor damage was caused – while another 4% said they’d do a runner even after a more serious collision. The shocking stats come from a survey of over 2,000 people commissioned by ContractHireAndLeasing.com. The world’s weirdest car crashes revealed Cheapest cars to insure for 17-18 year olds The results show that honesty amongst drivers varies depending on their age and location.