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Arizona auctions: Scottsdale sales net an estimated $157 million

WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.

2012 Mercedes SL63 AMG revealed in Barcelona

The 2012 Mercedes SL63 AMG makes an appearance in Barcelona The 2012 Mercedes-Benz SL63 AMG has been revealed in Barcelona alongside Mercedes new MGP W03 F1 car for 2012. It’s a day ahead of where we expected, but the 2012 Mercedes SL 63 AMG has made an appearance in Barcelona in the pit lane alongside the reveal of the 2012 Mercedes F1 MGP W03 car. Everything you get in the new 2012 Mercedes SL arrives in the SL63 AMG, but in spades.

One Lap of the Web: Rally to Goodwood, Utah raises speed limits and Jeeps in Iceland

-- Today's vehicles are more than capable of safely exceeding the speed limit. This isn't any secret to us, but apparently lawmakers are just starting to clue in; Utah has joined a slowly increasing number of states in raising some speed limits to 80 mph. Their justification?