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Rare Ferrari sells for staggering £10 million

A RARE FERRARI representing a key early stage in the history of the sports car manufacturer has sold at auction for £10.7 million. The sale of the 375-Plus at the Goodwood Festival of Speed in West Sussex, was a world auction record for a Ferrari sports racing car. A spokesman for auction house Bonhams also said it was the third highest price paid for any car sold at auction.

1.7 million drivers consider insurance fraud

1.7 MILLION drivers in the UK would consider making a fraudulent insurance claim after an accident. Even if they were not hurt or not badly injured, these drivers believe it is acceptable to claim compensation. Research by Gocompare shows 6% of UK drivers would consider making a false claim, while 3% would do whatever they could to claim money from an insurer.

Rolls-Royce wants to make an electric Phantom

Rolls-Royce boss Tom Purves has revealed he wants to build an electric Phantom By Gavin Green Motoring Issues 23 October 2008 11:21 Rolls-Royce CEO Tom Purves would like to make an electric-powered Phantom. ‘Many of our customers do small mileages exclusively in the city,’ says Purves, who took over the helm of BMW-owned Rolls-Royce in July 2008. ‘For these customers, an electric Rolls-Royce would be ideal.’Purves has just driven the new electric Mini, which debuts at next month’s Los Angeles auto show, and was ‘bowled over by it.