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Goodwood Revival 2008 hosts £85m historic grid
Mon, 15 Sep 2008By Ben Whitworth Motor Shows 15 September 2008 12:14 This weekend’s Goodwood Revival 2008 is set to be the most expensive yet – the grid for the Royal Automobile Club TT Celebration race has been independently valued by Bonhams automotive auction house at an eye-watering £85 million. The valuation for the one-hour, two-driver race closed-cockpit GT cars – which originally took place at Goodwood between 1960 and 1964 – makes it the most expensive grid of historic racing cars ever to appear together in one race. Goodwood Revival 2008: the drivers' list Derek Bell, Martin Brundle, Patrick Tambay, Jean-Marc Gounon, Christian Horner, Richard Attwood and Jackie Oliver will take to the fast and tight circuit in some of the finest and most valuable GT racers ever produced.The list of entrants reads like a Who's Who of schoolboy fantasy garages, including the Ferrari 250 GT SWB, GTO and 330 LMB, AC Cobra and two original Shelby American Cobra Daytonas, an Aston Martin DB4 GT Zagato and Project 214, plus the Lightweight Jaguar E-types.
News watch April 2011: today's auto industry news
Fri, 29 Apr 2011Come to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 28 April 2011• Due to UK royal wedding national public holidays, CAR Online news coverage will be reduced until CAR reopens on Tuesday 3 May (CAR)• The Saab financial situation continues to develop. Both the Swedish National Debt Office and General Motors are said to have given their approval for the proposed lease-back sale of Saab property to investor Vladimir Antonov.
Lack of history loses 20% of a car’s value
Mon, 08 Sep 2014A CAR being sold without a full service history is worth one-fifth less on average than a car with a fully stamped service book. This amounts to an average of £1464 for the typical used car sold in the UK with a price of £7706. A study by Kwik Fit found buyers expect a 19% discount for cars with incomplete or no service history, which is costing the used car industry £10 billion per year in lost revenue.