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1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.

The Porsche P1 is lighter, greener and more exclusive than McLaren's new hypercar

Long before the legendary Porsche 911 -- before, even, the Porsche 356 -- Ferdinand Porsche was tinkering with alternative powertrains and designing road-worthy vehicles. Though it wasn't the first vehicle to bear his name, the “Egger-Lohner electric vehicle, C.2 Phaeton model” was the earliest result of his efforts. Perhaps getting the jump on the modern alpha-numeric craze/plague, it was shortened to a simple “P1.” The P1 (we'll refer to it as the Porsche P1 from here on out to avoid confusion) made its first appearance in Vienna on June 26, 1898, and it didn't last long in the public eye: Before Porsche decided to pull it out and put it on display, it had reportedly been sitting in a warehouse, untouched, since 1902.

Acura promotes movie role with secret-agent kit

Rarely do the lengths to which a carmaker will go in promoting a product raise eyebrows here at AutoWeek, but it still happens from time to time. Case in point: Acura sent us a kit of secret-agent tests showcasing the role of its cars in the movie Thor. Touting the carmaker’s first stint in a major motion picture, the so-called Acura S.H.I.E.L.D.