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Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).

McLaren P1 flames on at Yas Marina

We know the McLaren P1 is ungodly fast. As evidence, we present this video of the new hypercar at the Yas Marina Circuit in Abu Dhabi doing some test laps, courtesy of YouTube sensation Shmee150. The cars were there for a McLaren 12C owner's meet.

VW 'to announce its WRC entry' at Rally Sardinia

VW Polo R WRC (2011): Volkswagen enter the WRC High-level sources in an existing World Rally Championship team have told CAR that Volkswagen will formally announce its decision to enter the WRC at Rally Sardinia, which starts on 5 May 2011, somewhat stealing the thunder of Mini’s WRC debut. It’s believed that sister firm Skoda’s Fabia Intercontinental Rally Challenge car will be used as the first step in development. This car currently runs to the 2.0-litre naturally aspirated S2000 rules, so one of the first steps will be to switch to a 1.6-litre turbo.