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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.

Honda back in F1 as engine supplier to McLaren from 2015

We reported that Honda were looking likely to be heading back in to F1 as engine supplier to McLaren nearly two years ago, and this morning Honda has confirmed they have formed a joint project with McLaren to supply engines and energy recovery systems to McLaren from 2015 in a joint project with the McLaren team becoming McLaren Honda. The new F1 partnership revives a very successful period for McLaren when it last used Honda engines and Prost and Senna dominated F1 with Honda powered McLarens, and fits in nicely with Honda’s return to making supercars with the new Honda NSX. Formula One engines will drop to a 1.6 litre V6 in 2015 – with a turbo – and it will be very easy for parallels to be drawn with the V6 hybrid plant Honda are using on the new NSX, which is going to do its credibility no harm whatsoever.

College Exhibition: NID Degree Show 2009

Initiated in 2006, the post-graduate diploma program in Transportation and Automobile Design at India's National Institute of Design (NID) is the first program of its kind in India. At the end of last year, the university held its annual degree show showcasing the works of eight graduating students alongside works of junior students at the 'Design Street' at NID's campus in Ahmedabad. During their three year course of study, the students had an option of participating in a joint degree program between NID and Domus Academy in Italy.