Timken Sp550212 Front Wheel Bearing & Hub Assy-wheel Bearing & Hub Assembly on 2040-parts.com

One lap of the Web: $52 million Ferrari 250 GTO, Alfa Romeo Montreal for sale and more bizarro engines

-- Even as the hammer fell on Juan Manuel Fangio's $30 million Mercedes-Benz W196R, we knew that that car wasn't the most expensive one ever sold -- it was merely the most expensive car sold at auction. Other cars were reported to have traded for a bit more in private sales. But now we have word of a car that absolutely blows the sale price of Fangio's little Silver Arrow out of the water: a 1963 Ferrari 250 GTO that sold to an undisclosed buyer for $52 million.

Ford Focus Electric (2011): Blue Oval's new BEV

This is the new Ford Focus Electric, just unveiled at CES 2011, the Consumer Electronics Show in Las Vegas. The Ford Focus Electric will become the first electric production car from Ford, and the first of five electric or electrified (hybrid) vehicles that Ford will put on sale in North America and Europe by 2013. Ford hasn't released every single detail yet, as it unveiled the Focus Electric at the CES to highlight the technology which allows drivers to find charging stations, set their car to charge when the electricity is at its cheapest, and remotely access their cars.

Local Motors XC2V Competition

Local Motors, producer of the Rally Fighter, has teamed up with the Defense Advanced Research Projects Agency (DARPA) to host a design contest. The partnership, which was made possible within the Adaptive Vehicle Makes initiative, aims to create an Experimental Crowd-derived Combat-support Vehicle (XC2V), exploring the potential of a crowd-sourced design for military use. The initiative to develop a crowd-derived vehicle body design for the US military was created in an effort to decrease the time and developmental costs associated with creating niche military vehicles.