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Record-setting Ferrari hydroplane heads for RM's Monaco auction

A record-setting Ferrari-powered 1953 hydroplane, ARNO XI, will cross the block in May at the RM Auctions event in Monaco. The hydroplane set the speed record for a boat of its size on Lake Iseo in northern Italy, running up to 150.19 mph. Designed and built by Achille Castoldi—a friend of Ferrari Grand Prix drivers Alberto Ascari and Luigi Villoresi—convinced Enzo Ferrari to provide knowledge and technical assistance to help develop the world-record-holding boat.

Evolution of the 3: BMW begins sales of sixth-generation sedan

BMW staged the U.S. launch of the sixth generation of the stalwart 3-series at the Detroit auto show this week, which makes this as good a time as any to take a look back at the car that other sports sedans aspire to be. The small sedan hit the scene in 1975, just three years after the 5-series, as a successor to the BMW 1600, the 1600ti and the 2002.

Petersen museum celebrates the 50th anniversary of Phil Hill's world championship

It's been three years since the racing world lost one of its greatest heroes and nicest guys. Now, on the 50th anniversary of his world championship, the Petersen Automotive Museum in Los Angeles is celebrating the life and accomplishments of Phil Hill--the first American to hold that title--with a new exhibit of his cars and a gala celebration of his greatest races. First is the exhibit, assembled in collaboration with Phil's son Derek, himself a racer.