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McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction
Sun, 18 Aug 2013McLaren 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).
Geneva motor show: The best of the rest
Wed, 05 Mar 2014The Geneva motor show is filled with cars that will never feel the burn of U.S. asphalt. Still, we like to bring you the big reveals (Aston Martin, Civic Type R, Pininfarina GranLusso), just to whet your appetite -- or tell your friends across the pond what their next ride should be.
Hyundai to tone down ‘Fluidic Design’ for ‘Fluidic Precision’
Mon, 23 Jul 2012Hyundai’s US boss, John Krafcik, has said that Hyundai will refine their ‘Fluidic Design’ in to something they’re calling ‘Fludic Precision’. The Hyundai Fluidic Design language was really the start of Hyundai’s move from Halford’s special to mainstream car maker. But the design language is starting to look a bit fussy and Hyundai are reacting to that by moving towards what they call ‘Fluidic Precision’ (there’s already a less fussy look about the new Santa Fe).