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Gulf One Z06 tops $1 million at auction

An icon of 1960s racing, the Gulf One Corvette Z06 racer, was in familiar position last weekend at the Mecum Auction--first. The 1963 car sold for $1.05 million at the Kissimmee, Fla., event--doubling the price of a 1962 Mercedes 300 SL, which went for $525,000, not including the buyer’s premiums. The racer is based on a production Corvette Sting Ray.

Design Essay: BMW i – Setting the industry agenda for the next decade

Many have already dismissed BMW i as a radical experiment too far ahead of its time, but looking beyond the glossy carbon fiber facade reveals three ways it will change the automotive landscape during the next decade: 1. Re-define the EV category Despite Tesla, Nissan, GM, Renault and Toyota all operating in the EV space, global sales in 2012 totaled just 54,000. Many put this down to high-cost and range anxiety, but another key factor is nearly always overlooked.

Aston Martin V12 Vantage Roadster out in London (video)

The new Aston Martin V12 Vantage Roadster has been caught out and about on London’s streets, on film and on video. Last week saw the arrival of the Aston Martin V12 Vantage Roadster as a limited edition convertible version of the V12 Vantage. For now, at least.