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McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

BMW Vision ConnectedDrive (2011) first pictures

This gorgeous two-seat roadster is the BMW Vision ConnectedDrive, set to be unveiled at the 2011 Geneva motor show. Unlike some of BMW’s other Vision-tagged concept cars, this unfortunately isn’t a thinly disguised production car, but a study designed to highlight the company’s driver assistance systems.  However, although BMW has released no details on the engine or layout under the sexy skin, thankfully the Vision ConnectedDrive’s stunning styling (including the shark nose, wrap-around rear lights and layered body) will find its way onto future production BMWs.  For a start sensors in the headlamps and rear lights monitor the traffic situation and the environment around the car, while instead of wing mirrors there are antennas that receive navigation data and transmit other information. Inside the driver has a 3D head-up display, and the system can project information about the chosen sat-nav route so it appears at the exact point of a possible turn-off. The 3D system also displays information in the foreground or background of the display depending on its relevance.

Renaultsport Megane N4 rally car (2010) first pics

Renault's added the new Megane Renaultsport N4 to its current rally range. The N4 draws on a group of heritage Renaults stretching over a quarter of a century - including the 5 GT Turbo, R11 Turbo, R21 Turbo, R19 16V, Clio Williams and Clio Renaultsport. To cope with all sorts of terrain, the Megane uses three-way adjustable shock absorbers.