Sun, 18 Aug 2013
McLaren F1 chassis #66 (pictured) has sold for $8.47 million
There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).
Fri, 03 Jan 2014
MOTORISTS typically have their eyes off the road for a tenth of the time they are driving, a study has shown. For 10% of their journey they are eating, reaching for the phone, texting or engaged in other activities that cause concentration to wander away from what is happening beyond the windscreen. Predictably, teenagers who had recently passed their test were most likely to crash or experience a near-miss as a result of being distracted, according to US researchers.
Wed, 04 Mar 2009
Lagonda has a long history. Founded in 1899 and building its first car 10 years later, which makes 2009 Lagonda’s 100th birthday. A fitting time, perhaps, for a revival.
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