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1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.

One lap of the Web: Ponycar birthdays, forgotten Hungarian racetracks and an Acura NSX

Chevy took some time this week to say happy birthday to its archrival, the Ford Mustang. The bowtie brand said that "healthy competition" between the Camaro and Mustang has been a "driving force for constant improvement." Check it out over at World Car Fans. Petrolicious has a handful of photos from a nearly forgotten track in Budapest, Hungary.

Renault Twingo concept

Renault has shown a production preview of the next Twingo, due to be replaced early next year. The new car eschews the monovolume of the outgoing model for a more conventional two-box, with friendliness being replaced with dynamism in the front graphic. This sporting theme is furthered by the dropped ride-height and large arches, and is complemented by a music theme.