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Mustang men team up for charity auction car

Jack Roush and Carroll Shelby are two men who have been linked with the Ford Mustang for decades. Amazingly, they have never worked together on one--until now. Roush and Shelby teamed up to create a unique 2011 Ford Mustang, named the SR-71, which will be auctioned to raise funds for charity.

Group 20 supercar club wound up by court

By Peter Adams (third photograph by Medway Messenger) Motor Industry 05 June 2009 14:54 Another supercar club has reached the end of the road, joining a growing list of top-end supercar rental businesses that have collapsed in the recession. Group 20 has been wound up by the courts, along with sister car finance companies Vehicle Options Ltd and Vehicle Options Fleet Ltd.All three companies were investigated by the Insolvency Service after complaints, CAR can reveal.Group 20 supercar club: what went wrong?The supercar club started trading in 2006 and used a network of franchisees to sell membership to the club. Over time, Group 20 expanded to boast a rental list of exotica worth around £2 million; local newspaper reports in the Medway Messenger reveal Group 20 boasted a Lamborghini Gallardo, Porsche 911, Bentley Continental GTC and, most impressively, a Zonda F Roadster on its books.However, the Companies Investigation Branch of the Insolvency Service found that Group 20 and its parent company had numerous ‘misleading business practices’.

Opening day auction results from Monterey

In results gathered by Hagerty Insurance, $5.8 million worth of cars, trucks and motorcycles were sold Thursday at auctions on the Monterey Peninsula. A total of 190 of 323 lots were sold, for a sell-through rate of 59 percent. The average selling price was $30,511.