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Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.

TMG Sports 605 concept to debut at Essen Motor Show

While most of us are focusing on the LA Auto Show happening later this week, Toyota Motorsport GmbH is quietly revealing the TMG Sports 650 concept at the Essen Motor Show in Germany. The TMG Sports 650 is a hopped-up, twin-turbocharged V8 version of the normally staid Lexus LS460 sedan. In the concept, power grows from 386 to an impressive 641 hp at 7,450 rpm, while torque jumps to 564 lb-ft.

Datsun Go boldly goes downmarket

The Datsun Go (pictured) has been revealed in India We’ve know since March that Nissan was adding an extra brand name to its portfolio – to add to Nissan and Infiniti – by reaching back in its history to bring the Datsun brand back to life, and we got the first image of what we now know is the Datsun Go at the start of July. Having spent a fortune eradicating Datsun from the minds of buyers and replacing it with Nissan, Nissan are now working to make car buyers in emerging markets fall for the new Datsun Go in the way the UK  did for the first Datsun Sunny in the 1970s. So we get the Datsun Go which is, to all intents and purposes, a Nissan Micra with all the fripperies removed and pitched – initially at least – at the budget end of the car market in India where it will go up against cars like the Hyundai i10 and cost under £5,000 which, entirely coincidentally, is the starting price for the i10.