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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).

Chinese Grand Prix (2010) RESULT

The Shanghai Grand Prix 2010 gets underway. That Jenson Button. He’s making a big mistake going to McLaren, you know.

Brian Wilson to perform at Petersen fundraiser

The annual Petersen Automotive Museum's fundraising event on May 7 promises to be fun, fun, fun when Beach Boy Brian Wilson and his band take the stage. The rock-'n'-roll icon is scheduled to play for an hour as part of the museum's largest charity event of the year, proceeds from which benefit the 501(c)(3) institution. The Beach Boys had a lot of car-themed hits, including "409," "Little Deuce Coupe" and "Fun, Fun, Fun." (AutoWeek trivia: The Deuce Coupe featured on the cover of the album of the same name belonged to Clarence "Chili" Catallo, whose son, the successful and powerful advertising executive Curt Catallo, once was a lowly editorial assistant at AutoWeek).