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2012 Ferrari California revealed ahead of Geneva

The 2012 California gets more power and less weight The Ferrari California has been given a bit of a facelift for 2012, with lower weight and more power. Debuts at Geneva 2012. Update: We’d expected to see the California go up in price by around £10k, but Ferrari tell us that the new price – £152,086, up from £146,960 – is not related to the California updates but just an annual increase of 3.4 per cent levied from January.

'Paradox' in transport policy claim

THERE IS A "paradox at the heart" of the Government's roads programme, a transport policy professor has told MPs. The question on whether traffic levels would increase or decrease in the future was unresolved, University College London emeritus professor of transport policy Phil Goodwin told the House of Commons Transport Committee. The paradox was that if traffic levels increased the planned roads programme was "not big enough to make an improvement", he said.

Rare Ferrari sells for staggering £10 million

A RARE FERRARI representing a key early stage in the history of the sports car manufacturer has sold at auction for £10.7 million. The sale of the 375-Plus at the Goodwood Festival of Speed in West Sussex, was a world auction record for a Ferrari sports racing car. A spokesman for auction house Bonhams also said it was the third highest price paid for any car sold at auction.