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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).

Bellissima! Exotic Italian cars hit Brooklands

We were blessed with brilliant weather over the first May bank holiday weekend of 2014, and what better way to celebrate the onset of summer than with a celebration of stunning motor cars? That’s exactly what happened at the home of British motorsport, Brooklands, with thousands of Italian vehicle owners turning up to Auto Italia magazine’s Italian car day at the famous location. From Fiat 500s to Ferrari F50s, this gathering of iconic Italian metal had it all.

New Peugeot 308 SW (Estate) revealed

New Peugeot 308 SW (Estate) revealed The new Peugeot 308 has only just gone on sale in the UK, but Peugeot are ready with its load-lugging sibling – the Peugeot 308 SW Estate – revealed this morning ahead of a debut at the Geneva Motor Show in March. Peugeot aren’t telling us what the boot capacity of the new 308 SW is with the back seats down, but with the back seats up it offers 610 litres – more than rivals like the Golf and Focus Estates can manage – and Peugeot say the load space is particularly uncluttered too. The extra space is thanks to an increase in length of the Estate over the Hatch of 327mm – all in the boot area as the wheelbase stays the same as the hatch – with the same EMP2 platform as the Hatch making the Estate up to 140kg lighter too.