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The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).

Intermot Motorcycle Show 2004

Motorcycle design is a term that conjures up many images to different people. To the majority North Americans, designing a motorcycle suggests a garage where several enthusiasts resembling the hit TV show Orange County Choppers assemble bikes based on the Harley Davidson model, with acres of chromed after market parts and hand lacquered custom paint jobs.To many others no thought is given at all to how the shapes of the bikes on the street came into being. The reality is that the major motorcycle manufacturers employ professional designers and serious technology the same way as in the car industry does, even if the final product is so different.

Some 2005 and 2006 Chevrolet Corvettes are set to be recalled

Add the mighty Chevrolet Corvette to the list of recalled cars. General Motors is recalling some 2005 and 2006 models for a steering-column problem. About 40,000 cars produced between March 2004 and January 2006 could be affected.