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Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)

Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).

Hyundai i-oniq concept car (2012) first pictures

If, like us, you think Hyundai's on a stylistic roll, wait until you see this. The new Hyundai i-oniq concept car signals the next stage of Hyundai's Euro-focused design lanuage. The i-oniq concept car will be shown at the 2012 Geneva motor show on 6 March.

BMW M3 Competition Package – UK details

BMW has announced the Competition Package for the M3 We’ve had something of a run of updates and tweaks for the BMW 3 series this year. We’ve had changes for 2010 to the 3 Series Coupe and Convertible and last month we reported that there was going to be a BMW M3 Competition Package on offer very soon. BMW has now caught up with our story and have revealed the details of the M3 Competition Package for the UK.