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Under the hammer, overseas: Russo and Steele explores classic-car auction in China

It's ambitious, it's unprecedented and it's loaded with pitfalls. But if it can be pulled off, it could serve as a template for international growth for American auction houses. Russo and Steele is expanding into China and has announced plans this fall to form a joint venture with a Chinese company as a foothold.

Check out the 1,360-hp heart of the Koenigsegg One:1

The wild Koenigsegg One:1 showed up on our radars late last year before it appeared at the Geneva motor show in March. The latest piece of machinery from company founder--and Michael-Chiklis lookalike--Christian von Koenigsegg delivers one horsepower per kilogram, hence the name. That means 1,360 hp and 737 lb-ft of torque with a 3,000-pound curb weight.

Guy Ritchie wrecks Top Gear Cars

Guy Richie wrecks four Top Gear Cars in SIARPC There have been one or two ‘Stars in a reasonably priced car’ who seem intent on wrecking the Top Gear car. Most of those have been our Colonial cousins who don’t understand the concept of using your left foot to change gear, nor do they seem to understand that you also need to use your left hand in sync with your left foot to do so. We shouldn’t mock the afflicted – no discrimination at Cars UK.