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Gurney cars lead record list of entries at Rolex Monterey Motorsports Reunion

The acceptance letters went out this week for the Rolex Monterey Motorsports Reunion, the vintage racing weekend formerly known as the Monterey Historics, and it looks as if you'll get your money's worth out of this year's event. While previous years usually featured about 400 or so cars, the 2010 running of the renamed Rolex Monterey Motorsports Reunion, managed now by SCRAMP, will feature 520 vintage entries. Leading the pack is what promises to be a once-in-a-lifetime collection of 35 cars either designed, built or raced by the great Dan Gurney, this year's honoree.

Used car market pressure eases

AN INCREASE in the number of used cars coming into the market has “taken the edge off prices” and calmed some corners of the industry, according to used car pricing experts CAP. A greater influx of part-exchange cars arriving at dealers is partly responsible, and with many franchised dealers focusing for the time being on selling those vehicles, competition to acquire stock on the open market has decreased. CAP reports that the pressure has been lifted on some dealers who had become frustrated at how expensive it was becoming to source cars at fair prices.

Hemi Coronet, Triumph 2000 and Bentley top sales at Novi auction

A 1965 Dodge Coronet 500 Hemi convertible was the top seller at the second annual Novi Metro Detroit Spring Classic Car Auction on April 27. It crossed the block, which was commandeered by Hagerty. A 1940 Ford V8 Deluxe convertible was second, selling for $37,800.