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Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)
Sun, 14 Jul 2013Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).
Ferraris on film
Mon, 19 Feb 2007By Tim Pollard Motor Industry 19 February 2007 01:24 Ferraris on the silver screen Ferrari has issued previously unseen photos of its cars alongside Hollywood stars for a new exhibition celebrating the marque's role on the silver screen. There is new footage of Ferraris on set and with big-name actors, as part of the company's 60th anniversary celebrations. The exhibition at the Galleria museum in Maranello runs until 30 June.
Lexus wants more hybrids and a better performance image
Mon, 13 Sep 2010Lexus plans to introduce hybrid versions of existing vehicles with each full model change, the brand's r&d chief says. Leveraging the electric-gasoline drivetrain technology of Lexus' parent company, Toyota, will be key to differentiating the brand from European rivals, said Kiyotaka Ise, Toyota Motor Corp. managing officer in charge of Lexus development.