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The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).

New Mercedes SL – now it’s video time

New Mercedes SL - now on Video Plenty of new Mercedes SL stuff this week, with the 2012 / 2013 SL finally getting an official reveal yesterday. Now we have video of the new SL. It wouldn’t be the same if we didn’t end the week on the new Mercedes SL.

Hamburg planning to ban cars from city by 2034

Hamburg, Germany is planning to ban all cars from its city center over the next 20 years, according to the Independent U.K. site. It’s a sad turn of affairs when the country that not only has the Autobahn, but also the Green Hell -- the most difficult racetrack in the world -- turns its back on motorized personal transportation.