Purolator F60222 Fuel Filter on 2040-parts.com

Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.

Lotus terminate Dany Bahar – Aslam Farikullah takes the Lotus reins

To no one’s surprise, DBR-Hicom – owners of Lotus – have terminated Danny Bahar’s employment and replaced him with Aslam Farikullah. The tenure of Dany Bahar at Lotus has not been an easy one. But now it’s over with DBR-Hicom ending Bahar’s supension with a termination of his employment.

Cadillac to update logo?

Cadillac is working on the first major change to its logo in more than a decade, pruning away the classic laurel wreaths that surround its crest, several sources told Automotive News. The modified emblem is likely to appear on a concept vehicle that Cadillac plans to show next month at the Pebble Beach Concours d'Elegance in California. The redesigned badge would appear on production cars no earlier than the 2015 model year, and the plans could change, the sources said.