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Ford GT Sells For a Record $11 million at RM's Monterey Auction
Sat, 18 Aug 2012RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.
Ferrari 430 Scuderia (2007): first official pictures
Thu, 19 Jul 2007By George Barrow First Official Pictures 19 July 2007 05:10 Supercar High-performance track focused Ferraris are back on the menu in Maranello. Ferrari announced its return to the rich blokes' track day market today with this road legal F430. Due to be unveiled at the Frankfurt Motor Show by Ferrari golden boy Michael Schumacher, the most hardcore F430 yet, named the Scuderia, or 'team' (a reference to the company's racing heritage), is likely to cost around £175,000, £45k more than the standard car.
Audi reveals A7 and S7 redesign for Europe
Mon, 26 May 2014Audi revealed the redesigned A7 and S7 luxury fastback sedans in Europe on Friday. The cars get a sharper look all around and a revised powertrain lineup. The A7/S7 now has a single-frame grille, new bumpers, tailpipes and headlights.