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Gulf One Z06 tops $1 million at auction

An icon of 1960s racing, the Gulf One Corvette Z06 racer, was in familiar position last weekend at the Mecum Auction--first. The 1963 car sold for $1.05 million at the Kissimmee, Fla., event--doubling the price of a 1962 Mercedes 300 SL, which went for $525,000, not including the buyer’s premiums. The racer is based on a production Corvette Sting Ray.

Alfa owners throw a party for iconic brand

Alfa Romeo turns 100 on June 24, and the Capital Chapter of the Alfa Romeo Owners Club (AROC) is celebrating the famed Milanese maker's centennial with a weeklong series of festivities called “Alfa Century 2010.” Centennial celebrations take place June 21-27 in numerous locations throughout the world including in Milan, at the Goodwood Festival of Speed and during the Monterey weekend. But the Washington, D.C.-based AROC Capital Chapter's birthday bash represents the largest Alfa-exclusive commemoration in the United States. Chapter president Harlan Hadley said he expects a terrific turnout of Alfa Romeos from all eras of “Anonima Lombarda Fabbrica Automobili” (A.L.F.A.) history.

New Volvo Drive-E engine delivers 444bhp – from just 2.0 litres

The new Volvo Drive-E engine (pictured) delivers 444bhp When Volvo announced its new Drive-E engine range would consist of just a single petrol and diesel engine of 2.0 litre capacity, we did wonder if Volvo had given up on the idea of delivering properly powerful road cars. But it seems not. We already know that the T8 hybrid powertrain for the new XC90 will deliver 394bhp, but now Volvo has revealed a Drive-E concept engine that delivers an even more impressive 444bhp without the aid of electric motors and batteries.