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New (2014) BMW M3 and M4: OFFICIAL

The new BMW M3 (pictured) debuts along with its coupe sibling, the BMW M4 (below) We’ve had teases from BMW for the new M3 and M4 but now, ahead of a public debut at the Detroit Auto Show next month, we get the official details. Key to the four-door M3 and 2-door M4 is the new 3.0 litre engine, a new turbo, direct injection in-line six petrol which produces 425bhp and a very healthy 405lb/ft of torque from just 1850 rpm. That sort of grunt is enough to get the M3 and M4 to 62mph in 4.3 seconds with the standard six-speed manual, but opt for the seven-speed DCT ‘box and it’s even quicker – just 4.1 seconds.

Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)

Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).

Racy Lotus Evora GT2 spied

Lotus is truly getting racy. At the Geneva motor show in March it rolled out the Evora Enduro concept, and these spy photos show that a racing Lotus Evora is more than just a concept. This Evora GT2 prototype was caught running some hard laps.