Dorman C660108 Brake Cable-cable - Parking Brake on 2040-parts.com

Ferrari 250 GTO hitting Bonhams in August – but how much will it sell for?

Will the Violati Ferrari 250 GTO (pictured) break the $60 million barrier? The last Ferrari 250 GTO Series 1 to hit auction rooms in 2012, fetched a remarkable $35 million, and last year another 250 GTO – chassis #5111 – was sold in a private deal thought to be worth $52 million. And now another Series 1 250 GTO is about to hit the sale room.

Ford's EcoBoost 1.0-liter finds home in Formula Ford

On Wednesday Ford won the 2013 International Engine of the Year for the second-consecutive time. The three-cylinder EcoBoost 1.0-liter in production trim delivers 123 hp and 148 lb-ft of twist. Here at the office we opined on what the best car would be to put the mighty mite in; we eventually settled on a Formula Ford open-wheeler.

Vintage cars cross the auction block at Meadow Brook

An impressive array of gleaming classics crossed the block on Saturday at RM Auctions' Vintage Cars of Meadow Brook sale in a white linen event that showcased the grandeur and glamor of automaking in the Motor City in the early part of the Twentieth Century. The 16 annual auction, held on the eve of the Concours of America at Meadow Brook, is located about a half an hour north of Detroit on the grounds of a mansion where the widow of auto pioneer John Dodge one lived. Unlike the other RM auction, held in an convention hall on the other side of town in the spring, the Meadow Brook event carries an austere demeanor, and the automobiles roll with a similar vibe.