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Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.

The Quail: the ultra exclusive classic car party at Pebble Beach 2013

2013’s The Quail, A Motorsports Gathering, celebrated Aston Martin’s centenary, Lamborghini’s half century and the event’s 11th outing. MSN Cars went to pay homage on its special lawn, while F1 star Michael Schumacher and former Ferrari supremo Jean Todt hosted a casual Q&A and major league car collector and US chat show host Jay Leno walked among us. It was that sort of a do.

Video: Looking back at 50 years of the Jaguar E-type

Jaguar's continuing commemoration of the 50th anniversary of the iconic E-type shined in the Big Apple last week, with a celebration of the car's 1961 premiere at the New York auto show. AutoWeek associate publisher Dutch Mandel, himself an E-type owner, attended the anniversary party and gives us some perspective on the car's importance to enthusiasts in this video montage.