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1928 Mercedes 680S wins Best of Show at Pebble Beach Concours d'Elegance

A 1928 Mercedes-Benz 680S Saoutchik Torpedo finished in German Chassis gray has taken top honors at the 2012 Pebble Beach Concours d'Elegance. The car is owned by Paul Andrews of Fort Worth, Texas, and was restored by Paul Russell and Co. Andrews acquired the car in 2010 with the assistance of Gooding and Co.

Vintage-photograph auction at Lime Rock to benefit teen-driver training

Photographs of racing legends from yesteryear will help the young drivers of tomorrow through an auction over Labor Day weekend at Lime Rock. Autographed vintage photos of famous drivers will be sold to benefit a charity called Survive the Drive, which educates and trains high-school drivers in the Northeast. The program helped more than 10,000 students in the 2008-09 school year.

Aston Martin sells 38% stake to Italians to raise cash

Aston Martin today announced a deal with Italian private equity fund Investindustrial, securing a £150m investment to own a 37.5% stake in the business. Aston Martin hopes this should secure the long-term future of the beloved but hitherto financially wobbly sports car maker. Together with the new owners, it announced a £500m investment in future product.