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Video: Hagerty reviews the Monterey Weekend auctions and Pebble Beach concours

Hagerty's Dave Kinney, Donald Osborne and Rob Sass wrap up the Monterey week by discussing auction results, the Pebble Beach Concours d'Elegance action and overall insight gained from this year's events. Monterey car week is packed with car shows, vintage racing and car auctions. Autoweek will be there providing streaming photo galleries and live coverage of the Pebble Beach Concours, historic racing at Laguna Seca, the Monterey car auctions and plenty more.

New V12 engine set to power baby Rolls-Royce

Rolls-Royce said Monday that the upcoming production version of the 200EX concept car revealed at the Geneva motor show earlier this month will be powered by turbocharged 6.6-liter V12 engine. Part of a new family of gasoline engines developed by parent company BMW--among which is the turbocharged 4.4-liter V8 used in the 7-series--the new four-valve-per-cylinder engine receives the latest in direct-injection technology and is claimed to produce in excess of 500 hp. With the smaller V8 developing 442 lb-ft of torque in the range-topping BMW, the new V12 destined for the price-leading Rolls-Royce is expected to be in the vicinity of 553 lb-ft--something that should ensure what the British carmaker likes to refer to as traditional waftability--in other words, relaxed cruising.

McLaren 12C Can-Am & Historic McLaren Can-Ams at 2013 Goodwood FoS

It seems it was, because by November McLaren revealed the 12C Can Am was going in to limited production – just 30 units at £375,000 each – for deep-pocketed Americans to go track day racing with a 12C that weighs in at 1200kg, gets a few extra horses and 30 per cent more downforce compared to the road going 12C. So with a new track car and a 50th anniversary to celebrate in 2013, McLaren has decided it’s a good idea to take the 12C Can-Am off to play on the Goodwood hillcimb this summer at the 2013 Festival of Speed and, for added interest, take along a selection of models from their heritage collection – the ultimate McLaren racers of the 1960s and 70s – for our delight. McLaren has also given us a teaser video of the M8D Can-Am Racer (below) as a taster of what visitors to this year’s FoS can look forward too, yet another reason to get yourself down to Sussex in July.