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Jeff Koons creates 17th BMW Art Car

Jeff Koons has unveiled his latest creation the 17th BMW Art Car, a M3 GT2 racecar painted in a vibrant explosion of colors that will race at Le Mans on 12 June. "I wanted to make visual the raw dynamism, the power and the vitality of this car," he told CDN at the Centre Pompidou in Paris last week. "The car's biological narrative is to perform.

Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)

Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).

Good news for British car factories

NEW FIGURES have revealed that UK-based car production raced ahead in April, resulting in the biggest monthly rise since July 2012. A total of 133,437 cars were made in the UK last month – a 21.3% increase on the April 2013 figure, the Society of Motor Manufacturers and Traders (SMMT) said. The excellent April figures took the year-so-far total to 538,240 – a 6.9% rise on the figure for January-April 2013.