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

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).

Ferrari FF: UK debut at Goodwood FoS

Ferrari FF - off to Goodwood There has probably not been a car in Ferrari’s history that has polarised opinion in quite the same way as the Ferrari FF. Launched at Geneva in the Spring, it is the first ever four wheel drive Ferrari but, perhaps more importantly, it’s a ‘Shooting Brake’. Not a traditional Ferrari design, by any stretch.

CDN and GM launch new interactive competition for students in North America

Multiple internships on offer with CDN-GM Interactive Competition Car Design News is pleased to announce the launch of the Car Design News-GM interactive design competition, a collaboration with GM and our partners, Dassault Systèmes and Faurecia. Eight student winners will be awarded internships at GM's design studios in North America in 2012 as the principal prizes, whilst our partner, Faurecia, will be choosing its own additional winner and offering this student an internship at its studios in either the US, Europe or Asia.  The competition is open to students studying at college/university level in the USA and Canada, on any design course, and to former students who graduated from these courses within the period April 2010 to March 2011. Students display and update their ideas and work-in-progress on the competition's website, where the interactivity comes from the ability of observers to comment and suggest specific amendments, and from GM mentors who will publicly guide and support the students.