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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).

Maserati Gran Cabrio at 2009 Frankfurt motor show

By Ben Pulman First Official Pictures 24 August 2009 10:30 Maserati has unveiled a convertible version of its gorgeous Granturismo. Called the Grancabrio, it’s the first four-seat convertible from the Italian company and will make its debut at the Frankfurt motor show in September 2009. With the apt application of a can opener.

Historic first Porsche P1 electric vehicle goes on display

In what at first glance appears to be a blatant attempt to upset McLaren’s SEO – that’s Search Engine Optimisation – a Porsche P1 model has been announced. But this is no fearsome new 1,000hp rival to McLaren’s P1 hypercar (after all, Porsche already has one of those). Rather, the Porsche P1 actually dates from 1898, and produces just 3hp.