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The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).

Audi R8 Spyder – Frankfurt catchup +video

The unveiling of the Audi R8 Spyder 5.2 FSI quattro at Frankfurt As we already know from previous reports, the Audi R8 Spyder comes equipped with just one engine option – the 5.2 litre V10 FSI. Which makes a lot of sense. The additional weight the convertible conversion has added – a not insignificant 476 lbs – would have had far more effect on the V8 than it does on the V10.

Subaru Impreza STI Cosworth (2010): first teaser photo

By Tim Pollard First Official Pictures 11 February 2010 15:40 Subaru has whet the appetite of hot hatch fans with this annoyingly restricted teaser shot of a new collaboration with Cosworth: the new Impreza STI wearing a Cossie badge.The company calls it 'a special one-off project', but the project appears to shun Prodrive who have fettled many of the go-faster official Subaru Imprezas of the past decade.Subaru Impreza STI Cosworth: what else do we know?Very little. Only a short marketing blurb was issued today, giving away no further facts. Here's what they told us:'Two of the biggest names in automotive performance have come together to work on a special one-off project, and the result promises to be truly staggering.  Subaru UK and Cosworth have enhanced the performance, handling and styling of the acclaimed Impreza STI, creating a car that will raise the bar for all-wheel-drive, high-performance motoring.