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The most expensive cars ever: Ferrari 250 GTO sells for $38 million

Fri, 15 Aug 2014

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).

Bentley & Audi to share new V8 – the end of the W12?

Sat, 09 Oct 2010

The Bentley Continental GT V8 will share an engine with Audi When we reported on the reveal of the new 2011 Bentley Continental GT, we noted that Bentley had plans to launch a V8 version  of the Conti sometime next year. What we didn’t get was too much information from Bentley on the new V8, except the little nugget that the V8 going in to the Bentley would be Audi sourced. Which makes sense.

NHTSA studies Toyota Corolla airbags

Fri, 15 Apr 2011

Federal regulators are investigating a motorist's report that the airbags in his 2008 Toyota Corolla failed to deploy when the vehicle hit a deer at 55 mph. The National Highway Traffic Safety Administration said this week that the airbag probe could affect as many as 170,000 vehicles. The Corolla has been Toyota's second-best selling model, after the Camry, in recent years.