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First 2015 retail Mustang goes for $300K

Compared to your typical Barrett-Jackson collector car auction price, $300,000 might not seem like too much--a 1967 Corvette went for $3.8 million. But with 100 percent of the proceeds going to the Juvenile Diabetes Research Foundation, $300,000 doesn't sound too shabby. On Saturday, the winning bidder ended up dishing out $300k for the first 2015 retail Ford Mustang GT, about 10 times the actual price.

Russo and Steele offers one-of-a-kind 2013 SRT Viper for charity

Russo and Steele will feature a 2013 SRT Viper GTS at its January auction in Scottsdale, Ariz., with proceeds going to the Sons of Italy foundation (SIF). The auction house says the car was built specifically for the foundation. It will join some 700 sports and muscle cars at the auction, which spans Jan.

Enzo Ferrari died 25 years ago today

The word “Ferrari” is evocative enough as it is, but add “Enzo-era” to the mix and we imagine a very specific type of machine -- a vehicle that is raw, passionate, perhaps a bit prickly, but above all, utterly unique and irreplaceable. There's a reason Enzo-era Ferraris are magical: Enzo Ferrari himself. Born in 1898, Ferrari joined the Alfa Romeo racing team in 1920, established Scuderia Ferrari in 1929 and put his name on a V12-powered race car in 1947.