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1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ makes €9,856,000

It’s the annual  Concorso d’Eleganza Villa d’Este festival of supercars and classic cars this weekend, and poart of that is the RM Auctions sale at Vella Erba, on the banks of Lake Como, with a 1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ smashing the world auction record by fetching €9,865,000. The 375 MM is one of three works cars entered in the 1953 24 Hours of Le Mans and has a good history including 24 Hour of Spa, the Carrera Panamericana, and winning the 12 Hours of Pescara, has been driven by World Champions Hawthorn, Ascari, and Farina and won numerous awards at many events including Pebble Beach, Goodwood Revival and the Louis Vuitton Classic. But it wasn’t just the 375 MM that sold at a strong price, with other notable lots fetching good prices, such as a 1965 Ferrari 275 GTB, for €1,120,000,  a 1967 Lamborghini Miura P400 at €426,600, a 1962 Mercedes-Benz 300SL Roadster for €1,114,400 and a 1962 Ferrari 400 Superamerica SWB Coupé Aerodinamico for €2,184,000.

Jaguar to back historic-racing effort in 2012

Jaguar will return to factory-backed motorsports in 2012 with a program intended to showcase great racing Jaguars of the past in select historic-racing events. The company announced the program, dubbed Jaguar Heritage Racing, on Monday. For the first time since 1956, factory-supported C- and D-types will take to the track, gracing some of the most famous circuits in the world including Goodwood, the N

Mercedes Benz to build fifth model in U.S. The new Mercedes MLC Coupe, perhaps?

Mercedes US to build a 5th car - the ML Coupe? Although we all like to think that cars are built in the car makers home country, that’s increasingly not the case. A good case in point is the very German Mercedes Benz, which builds three models in the U.S.