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Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).

GT Academy winner Heitkotter's next step is the 24 Hours of Dubai

It all culminates in January at the 24 Hours of Dubai: That's when video-game player and GT Academy winner Bryan Heitkotter will race, professionally, with European GT Academy winner Jann Mardenborough in a Nissan 370Z. The GT Academy was a contest that started last December in which Gran Turismo 5 players competed for a seat in a real race car. Thousands entered, 32 players rose to the top, and 16 of those were invited to a seven-day whirlwind racing and evaluation program at the Silverstone circuit in the United Kingdom.

Volvo facelifts C70: first photos of 2010 CC

By Tim Pollard First Official Pictures 01 September 2009 09:00 Volvo is tweaking its sportiest car, the C70. Fresh for the 2010 model year, the Swedes will facelift the C70 with Volvo's new corporate nose job, a range of exterior changes and numerous detailed spec changes.Did you know the C70 was the world's first four-seater CC with a folding hard top? We'd rather forgotten.