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Ford GT40 prototype sold for £4.2 million

One of four original Ford GT40 racer prototypes has sold at auction in the US for a staggering $7 million. That's £4.2 million. The Ford GT40 is famous for several things – being the product of Ford’s frustrated attempt to buy Ferrari, becoming an enormously successful Le Mans winning racing car and standing just 40 inches tall.

Porsche 911 Speedster arrives +Video

The Porsche 911 Speedster will debut at Paris We were beginning to think that Porsche would keep the Porsche 911 Speedster under wraps until the Paris Motor Show kicks off proper next week. But in the end they couldn’t resist unveiling the big brother to the Porsche Boxster Spyder (a Speedster in all but name) with a week to go ’til Paris. We’ve been expecting the first 911 Speedster from Porsche in almost a generation since we first reported back in June that we would see the Porsche 911 Speedster rocking in for Paris, along with the 911 GTS.

Toyota fails to land 'top safety pick' rating in insurance-group study

For the first time in three years, none of Toyota Motor Corp.'s vehicles received “top safety pick” ratings from an insurance group, as tougher criteria pared the number of selections from 94 last year to 27 this year. Ford Motor Co. led all automakers for the second year in a row with six 2010-model top safety picks from the Insurance Institute for Highway Safety, including four from Volvo, a brand that's being sold.