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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.

Porsche purchases Andial performance brand

Porsche announced on Thursday that it has purchased the legendary Andial name that has become a staple in the realm of Porsche racing and performance tuning. In 1975, the late Arnold Wagner (AN), Dieter Inzenhofer (DI), and former Porsche Motorsport North America president and current consultant Alwin Springer (AL) came together to build Andial (an anagram of the principals names), a successful and respected independent authority on Porsche-performance tuning. Since the last active owner, Inzenhofer, is retiring later this month, timing was ripe for Porsche to jump in and offer to carry the Andial torch.

Peugeot at the Paris motor show 2008

By Mark Walton Motor Shows 03 October 2008 15:39 Peugeot has a very busy stand at Paris this year. As well as a million look-alike hatches of various sizes, it also showcased its new 'Hy' hybrid technology in a big way - with not one but four new concepts. Taking centre stage is definitely the Peugeot RC Hy Motion4 concept, an amazingly sleek four-wheel drive, four seater, four-door saloon.