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Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).

BYD E6 – Next Gen Electric Car battery technology

Chinese car maker BYD are using revolutionary battery technology in the BYD E6 The biggest problem with electric cars (or one of them, at least) is that the battery technology is not really up to the ambitions of car makers. Chevrolet’s Volt (aka Opel Ampera) is a good case in point. Tellingly, a Toyota tecchy referred to the science behind the Chevvy Volt as ‘Vaporware’, and the whole project is founded on the expectation that the technolgy will develop quickly enough to make the car a reality.

Porsche at Geneva: Porsche 918 Spyder +Video

The Porsche 918 Spyder arrives on the floor at Geneva As we said the other day when we reported on the Porsche 918 Spyder reveal at Geneva, we really didn’t see this coming. We all know that Porsche are playing with Hybrid tech on their road cars – the Porsche Cayenne Hybrid is here  and the Porsche Panamera Hybrid on the way – and have even had a play with a hybrid track car – the Porsche 911 GT3 R. But a Hypercar – a likely replacement for the Porsche Carrera GT – is a real surprise.