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Steve McQueen’s Ferrari 275 GTB4 restored by Ferrari Classiche

Ferrari Classiche has taken Steve McQueen’s Ferrari 275 GTB4 and put it back to original Coupe form with and-beaten steel panels. We all know that classic Ferraris are one of the better investments you can make, certainly in the long term. Just look at the recent sale of a Ferrari 250 GTO for $35 million (new price in the early 1960s was £6k) for evidence of the enormous prices classic Ferraris fetch, certainly the pre-Fiat Ferraris where production numbers were small.

Cadillac CTS gets limited-edition colors ahead of redesign

Cadillac added a pair of limited-edition CTS vehicles to its lineup on Friday. Silver Frost and Stealth blue will join the car’s color palette. Only 100 Silver Frost Cadillac CTS-V coupe will be produced with the low-gloss matte finish while the new blue will appear on all body styles.

Hendrick pays $1 million for first 2014 Corvette Stingray convertible

The first 2014 Chevrolet Corvette Stingray convertible sold Friday for $1 million at the Barrett-Jackson auction in Palm Beach, Fla., to car dealer and NASCAR team owner Rick Hendrick. Hendrick now has a pair of the seventh-generation Corvette after purchasing the first coupe for $1.05 million in January. Proceeds from the sale will benefit the Barbara Ann Karmanos Cancer Institute.