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Saturday night's all right at Barrett-Jackson auction

Auction company Barrett-Jackson has a long-standing tradition of selling cars with no reserve--meaning the car is sold to the highest bidder regardless of price--but a change in that policy saw several million-dollar sales Saturday night at the annual extravaganza in Scottsdale, Ariz. While most of the cars crossing the Barrett-Jackson auction block continue to be sold at no reserve, the auction giant offered up several classics with a reserve and the results were impressive. The top five sellers all eclipsed the magical million-dollar figure with the auction broadcast live on Speed TV.

Video shows race car flip from driver's view

Doug Peterson brought a new race car to the SCCA Chicago Region's June Sprints at Road America in Elkhart Lake, Wis., June 15-17. But the car's status moved from new to trashed in a few blinks of an eye. Video from a camera mounted on the car shows Peterson making a move to the right as the field moves toward the start/finish line.

2012 Tesla Model S moves toward production

WITH VIDEO -- We have new video of Tesla’s Model S sedan, which is supposed to arrive on the market next year. We’ve seen pictures of this car but now it’s actually moving. There are clear views of the sleek, almost Aston-like appearance of this car, and it’s pretty handsome.