Longacre 72590 - Scale Cable Magnet Kit - 2 Per Package on 2040-parts.com

Tis the season

It's time to once again show the world your giving spirit. The annual Championship Auto Racing Auxiliary (CARA) auction of racing items—cool stuff gathered during the 2012 racing season—is underway. The CARA auction is run in association with Autoweek and can be found here, at autoweek.com.

McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

Toyota 4Runner

Toyota unveiled the fifth-generation 4Runner at the 2009 LA Auto Show. The new design embraces its robust SUV identity more than its immediate predecessors, which also distinguishes it from the similarly sized but more urban Toyota Highlander sibling. To read our opinions of the new 4Runner's design see our 2009 LA Auto Show Highlights.