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1957 Ferrari sells for record $12.1 million at auction

A 1957 Ferrari 250 Testa Rossa once again blew away the competition, setting a world record for cars sold at auction when it fetched an eye-popping $12.1 million on Sunday at an event on the grounds of the Ferrari factory in Maranello, Italy. The Testa Rossa was one of just 22 produced from 1957 to 1958, and the Scaglietti design is marked by prominent pontoon fenders. The cars also were successful racers, winning 10 of the 19 international races they entered from 1958 to 1961.

Citroen DS3 Cabrio Racing 'concept' (2013) first pictures

Citroen will show a 'concept' version of the DS3 Cabrio Racing at the 2013 Goodwood Festival of Speed – though it looks all but production ready to us. The DS3R Cabrio uses the same 202bhp 1.6-litre engine as the DS3R hot hatch, but weighs an extra 25kg thanks to the folding rood conversion. Citroen DS3 Cabrio Racing: the details The DS3 R Cabrio is mechanically identical to the hard-top DS3 R, with the same six-speed manual gearbox, Citroen Racing-tuned chassis, and uprated brakes.

Cadillac to update logo?

Cadillac is working on the first major change to its logo in more than a decade, pruning away the classic laurel wreaths that surround its crest, several sources told Automotive News. The modified emblem is likely to appear on a concept vehicle that Cadillac plans to show next month at the Pebble Beach Concours d'Elegance in California. The redesigned badge would appear on production cars no earlier than the 2015 model year, and the plans could change, the sources said.