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Ferrari 250 GTO sells for $35 million

A Ferrari 250 GTO – once owned by Sir Stirling Moss – is reported to have sold for a record-breaking $35 million. The Ferrari 250 GTO is probably the most coveted car on the planet and is, therefore, one of the most expensive. Simple supply and demand dictates that when a product is reckoned to be the best there is and the supply is limited prices will rise.

DSA and VOSA to be merged and rebranded

TWO MAJOR governmental organisations particularly familiar to motorists are to be merged and rebranded under plans to save money. In an attempt to boost service and cut costs, the Driving Standards Agency (DSA) and Vehicle and Operator Services Agency (VOSA) are being turned into a single, new organisation. Transport Minister Robert Goodwill has confirmed the new, streamlined agency will be called the Driver and Vehicle Standards Agency Mr Goodwill said that during a transition period to April 1 next year, references to the new DVSA would include a statement "incorporating DSA and VOSA".

Report backs Scottish pay-as-you-drive

SCRAPPING FUEL DUTY and car tax in Scotland and replacing them with a pay-as-you-drive system has been suggested by an independent think tank. The scheme would help reduce emissions, cut congestion and increase fairness, Reform Scotland said. The organisation has produced a report on the idea, calling for the Scottish Government to launch a feasibility study on a national and local scheme in which central government would "price" motorways and trunk roads and local authorities would "price" local roads.