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Rare Ferrari sells for staggering £10 million

A RARE FERRARI representing a key early stage in the history of the sports car manufacturer has sold at auction for £10.7 million. The sale of the 375-Plus at the Goodwood Festival of Speed in West Sussex, was a world auction record for a Ferrari sports racing car. A spokesman for auction house Bonhams also said it was the third highest price paid for any car sold at auction.

Alex Mair, retired head of GM technical staff, Pontiac and GMC, dies

Alex Mair, former group executive in charge of General Motors' technical staffs and general manager of the automaker's Pontiac and GMC divisions, died Sunday in Orange City, Fla. He was 91. Mair was named group executive of GM's technical staffs in November 1978 and remained in that position until he retired in 1986.

Whos Where: Ken Okuyama appointed Creative Director at Pininfarina

The talented Japanese designer Ken Okuyama, who penned the Pininfarina Enzo and 'Rossa' during his days at Pininfarina Studi e Ricerche, is going back to the famous Italian coachbuilder, after completing his experience as Chair of the Transportation Design Department at Art Center College of Design in Pasadena, California. He is expected back as Creative Director of the Pininfarina Spa group as of May 10th. There he will be reporting, as before his departure, to Lorenzo Ramaciotti, Executive Vice President Design .