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Andy Saunders sells 'Art Cars' collection

British 'car artist' Andy Saunders' 'Art Car' collection was sold by RM Auctions in London, UK on October 29, along with a selection of classic cars and a McLaren F1 that sold for £2.5 million - a new world record. Though lacking the quality of many Californian custom cars when seen close up, the Art Cars were fascinating to see, and unlike other custom car creators, Saunders has made almost all of the cars for himself; conceiving and creating the cars without any design process beyond thinking them through and getting his hands dirty in evenings after work.  Each of the cars introduced new themes not evident in their donor designs and, within the context of many salubrious but established classic car designs at the auction, they had a powerful quixotic appeal. So why is he selling them?

Video: Hennessey Venom GT now unofficial fastest production car

The Hennessey Venom GT hit its top speed of 270.49 mph last week at the Kennedy Space Center, edging out the Bugatti Veyron Super Sport's previous 269.86 mph record. Hennessey and Bugatti have been battling for the top spot of "fastest production car in the world," and this time America came out on top. Hennessey attempted a record run in 2013, reaching a top speed of 265.7 mph before running out of room on the 2.9-mile-long runway at the Naval Air Station in California.

RM Monaco sale tallies $43,410,615

RM Auctions sold 87 percent of the lots it offered at its Monaco sale held last weekend at the Grimaldi Forum. The result was $43,410,615 in total sales, with six lots bringing more than $2 million and 10 lots bringing more than $1 million. A 1957 Ferrari 625 TRC Spider drew the biggest bid, selling for $6,469,848.