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1957 Ferrari 250 TR (Testa Rossa) smashes world auction record

Ferrari 250 TR - Reached a world record price at today's Leggenda e Passione sale at Maranello We brought you news back in February that high-end Car Auctioneers R.M. Auctions were offering for sale an extremely rare 1957 Ferrari 250 Testa Rossa at the Ferrari Leggenda e Passione sale in Maranello today. Well, the sale went as planned, because the Ferrari 250 TR sold for a world auction record €9,020,000, beating the previous record by €1,980,000.

Goodwood Festival of Speed 2010: Updates & Dougie Lampkin video

Dougie Lampkin takes on the Goodwood Estate It may still be four months away, but the pace of the PR for the Goodwood Festival of Speed has been turned up a notch this week.  We did a piece on the Goodwood Moving Motor Show which will precede the Festival of Speed this last weekend, but it makes sense to bring you up to date with what we currently know will be happening at the FoS. The theme at this year’s Festival of Speed is ‘Viva Veloce!

Excessive accessories are on display at the Tokyo Auto Salon

The Japanese tuning industry may finally be emerging from the economic slump if this year's Tokyo Auto Salon is an accurate barometer. The three-day spectacular--Japan's equivalent of SEMA--attracted nearly a quarter-million visitors, all eager to get a glimpse of the latest cars and the newest excessive accessories for 2011. Here's a recap: The Honda CR-Z was, without a doubt, the car of the show, and some versions were tuned to deliver up to 300 hp, thanks to turbocharging or supercharging kits.