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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.

Lamborghini shifts R&D focus from more horses to fewer pounds

Lamborghini's drivetrain wizards say they have all the horsepower they need for their super-fast cars. So from here on, performance gains will come from using lighter materials to reduce vehicle weight, instead of from chasing more engine thrust. "It has come to the point where acceleration equals consumption," said Stephan Winkelmann, CEO of the Italian automaker.

McLaren P1: First interior photos arrive

Ahead of its debut at the 2013 Geneva Motor Show next month, McLaren has sent us the first interior photos of their new hypercar. As we already know, the P1 isn’t following the almost unique 1+2 seating concept of the McLaren F1, but has opted to make it a regular two seater. That means that there will be no right hand drive cars – they’ll all be left hand drive – and McLaren are left deciding how to make the P1′s cockpit unique.