McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

Monaco Grand Prix (2012) RESULT

Mark Webber starts on pole for Red Bull with Rosberg’s Mercedes alongside. It should stay much the same at the Monaco Grand Prix, but did it? It may have taken a mistake in Barcelona by Schumacher to see Mark Webber on pole at the 2012 Monaco Grand Prix, but with a tight street circuit like Monaco that gives the Australian decent odds of taking the win and becoming the sixth different winner in the first six races of a topsy turvy 2012 season.

Lexus pitch big BIK savings on new RX 450h

The new Lexus RX 450h hybrid offers big BIK savings for company car drivers, something Lexus are keen to point out. Every car needs a USP to get its message across to potential buyers; a hook to land a sale. Depending on your wants, that USP could be anything from performance and style to running costs and boot space.