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Ferrari 250 GTO sells for $35 million

A Ferrari 250 GTO – once owned by Sir Stirling Moss – is reported to have sold for a record-breaking $35 million. The Ferrari 250 GTO is probably the most coveted car on the planet and is, therefore, one of the most expensive. Simple supply and demand dictates that when a product is reckoned to be the best there is and the supply is limited prices will rise.

Vintage-photograph auction at Lime Rock to benefit teen-driver training

Photographs of racing legends from yesteryear will help the young drivers of tomorrow through an auction over Labor Day weekend at Lime Rock. Autographed vintage photos of famous drivers will be sold to benefit a charity called Survive the Drive, which educates and trains high-school drivers in the Northeast. The program helped more than 10,000 students in the 2008-09 school year.

Lexus GS 450h – Frankfurt reveal

The revised 2010 Lexus GS 450h launched at Frankfurt We covered the Lexus LF-Ch quite a bit – it was the Lexus big card for Frankfurt – and we managed to catch up with the 2010 LS600h yesterday. But Lexus has also had a fiddle with the GS 450h to produce a 2010 model. Much like the LS 600h the GS 450h gets few exterior tweaks to freshen it up, including a new grill, new rear lights and a fresh set of 18″ alloys on the SE-L version.