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Ford to open Silicon Valley lab

Ford Motor Co., aiming to keep ahead of technology trends, will establish a research lab in the heart of California's Silicon Valley. The automaker said Friday the lab will open near Stanford University in Palo Alto, Calif., in the first few months of this year. Ford wants the lab to take on a start-up feel and expand beyond the traditional automaker mindset to encourage innovation and improve mobility and safety.

1957 Ferrari 250 TR (Testa Rossa) smashes world auction record

Ferrari 250 TR - Reached a world record price at today's Leggenda e Passione sale at Maranello We brought you news back in February that high-end Car Auctioneers R.M. Auctions were offering for sale an extremely rare 1957 Ferrari 250 Testa Rossa at the Ferrari Leggenda e Passione sale in Maranello today. Well, the sale went as planned, because the Ferrari 250 TR sold for a world auction record €9,020,000, beating the previous record by €1,980,000.

Bugatti Veyron Super Sport gets its Guinness World Speed Record back

According to Guinness at the time, putting a limiter on a production car changed the Veyron and made the record invalid. But it seems Guinness has had a rethink. From originally stating that “…as the car’s speed limiter was deactivated, this modification was against the official guidelines” they have now decided that doesn’t matter any more because Bugatti hasn’t changed the Super Sport in any other way.