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Big Spenders Flock To Bohnams Festival Of Speed Auction

GOODWOOD’S Festival of Speed might be famous for the action on its famous hill, but there’s more to the self proclaimed ‘world's largest motoring garden’ than just the racing. And just to prove the point, this year the annual Bonhams sale earned a staggering £22.6 million on the Friday of the event. The star attraction was a 1954 Ferrari 375-Plus, as used in iconic road races such as the Mille Miglia, Targa Florio and Carrera Panamericana, which sold for £10.7 million following a fierce battle between bidders.

Duesenbergs sweep honors at Amelia Island Concours d'Elegance

Two of the 29 Duesenbergs on display at the 16th Amelia Island Concours d'Elegance took the Best in Show honors on Sunday at the gathering in north Florida. The Amelia Island concours awards two top honors, one for sporting cars and one for elegance. Harry Yeaggy's 1935 Duesenberg SJ Speedster, also known as the “Mormon Meteor,” won Best in Show Concours De Sport, while Helen and Jack Nethercutt's 1933 Duesenberg SJN Arlington Torpedo Sedan was awarded Best in Show Concours De Elegance.

Hyundai sees 10 percent mpg gain from its first direct-injection engine

Hyundai Motor Co. on Tuesday unveiled its first direct-injection gasoline engine, saying it delivers more power with a 10 percent improvement in fuel economy. The 2.4-liter engine, called the Theta II, will debut in the redesigned Sonata sedan, due in U.S.