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1957 Ferrari 250 Testa Rossa Prototype set to break auction record

The 1957 Ferrari 250 Testa Rossa Prototype will be at Pebble Beach 2011 Yes, much of the world is labouring under an economic cloud, but that doesn’t stop the world’s wealthy car collectors bidding for very special cars such as this 1957 Ferrari 250 Testa Rossa Prototype. This particular 250 TR is something rather special – although they all are, of course – because it is one of the original prototypes for the Testa Rossa and is expected to beat the current world car auction record – around $30M for a 1936 Bugatti Type 57SC Atlantic – when it appears at Pebble Beach next month. Regular readers may remember that Max Girardo and team at R.M.

Chancellor to ‘freeze fuel duty’ until 2015?

The chancellor of the exchequer, George Osborne, has announced that fuel duty will be frozen until 2015 – if the savings can be found to pay for it. The announcement came during a speech at the Conservative party conference, in which George Osborne said: “Provided we can find the savings to pay for it, I want to freeze fuel duty for the rest of this parliament.” The 2p-a-litre rise planned by the Labour government for September 2014 would be cancelled, continuing a freeze that has lasted two-and-a-half years already. But this is conditional on the treasury finding the funds to cover it.

Audi e-Tron launch now in 2012 – Torque figures rubbished

The Audi e-Tron at the LA Auto Show Audi’s electric R8 – the Audi e-Tron – was unveiled at the Frankfurt Motor Show this year and has just had its US debut at the Los Angeles Motor Show. Dubbed the Electric R8 it is in fact a stand alone car that happens to have styling similarities to Audi’s Supercar R8, but there the similarity ends. The e-Tron – which took a little of the glory off BMW’s Vision ED Concept - boasts four electric motors – one at each wheel – which produce the equivalent of 313bhp.