Edson Pedestal Steering Brake Knob Assembly on 2040-parts.com

First Ferrari 458 Italia in U.S. auctioned for $530,000 to benefit Haiti

It's one thing to own a Ferrari; it's another to be the first one to own an all-new model. The first 458 Italia was auctioned off on Thursday night for $530,000 in a stunning charity gala held at a Beverly Hills estate that made the Clampett mansion look like the carriage house where the pool boy stayed. Auctioneer David Gooding donated his services and got the ball rolling at $250,000, which was more than the expected MSRP for the car of about $220,000.

Behind The Scenes: Hot Wheels Design Studio [w/Video]

Hot Wheels' vice president of design Felix Holst has spent some time chatting to Cool Hunting about the brand's design philosophy at its Design Studio at Mattel's headquarters in El Segundo, California, in a new video. According to Holst Hot Wheels has evolved from being focused on muscle cars and V8 engines to being all about technology as a reflection of the new generation they're designing for.  He explains the benefits of designing over 240 vehicles a year that aren't limited by rules and regulations, saying in a studio that's driven by pushing the boundaries, it's a question of just how wild they can get.  The video really captures not only the men's passion for their jobs but the fun they have doing it. Small wonder Holst says he'd never go back to car design, and reveals the studio is packed with qualified car designers who chose Hot Wheels over conventional jobs in the industry.  We also hear from Hot Wheels Car Maker's designer Julian Payne, who explains how the new Car Maker – which gives you the chance to mold your own custom Hot Wheels at home – works.

Want to be a Racing Driver? Fiat’s Abarth could have the answer

Win the chance to be a racing driver with Abarth It’s every boy’s dream to be a racing driver and get behind the wheel of a race car for real, and Abarth - the go-faster bit of Fiat – may just be able to give you a leg-up in the right direction. Abarth are running a competition to find new racing drivers, with the winners of the competition being taken off to a 10-day camp to be assessed by motorsport coaches and helped by race car instructors. If you want to take part you’ll need to be over 18, not a professional driver already and willing to jump through a few hoops to get the chance to win a place at camp, and ultimately take part in a proper race at Monza.