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Ferrari F70: First Photo

We have what appears to be the first photo of the Enzo replacement - the Ferrari F70 – taken at a private viewing for Ferrari clients in China. Despite expectations that the new Ferrari F70 would be revealed before the end of 2012 – which is what Ferrari boss Luca di Montezemolo told us – we still haven’t had the reveal of the F70 in any form, and certainly not at the Los Angeles Auto show, where we expected Ferrari to debut their new hypercar as it’s the last motor show of note for 2012. It now looks like – short of a non-motor show reveal – that the new F70 will bow in at Detroit in January, but ahead of that it seems Ferrari are already showing the F70 to select clients.

Lincoln to replace waterfall grille

Love it or hate it, Lincoln's waterfall grille is on the way out, according to sources familiar with plans for the updated MKS sedan and MKT crossover coming next spring. One source said the MKS and MKT grille will be "completely different" from the current grille, which has been controversial. He said the new grille is "not as pronounced" as the waterfall and "more elegant." Ford might show the revised MKS and MKT at the Los Angeles auto show in November, says a Ford source.

Early Mercedes sells for £720,000

ONE OF the oldest surviving Mercedes cars has sold at auction for an astronomical fee. The Mercedes Simplex 28/32 HPs Phaeton eventually sold for £720,000 at the Coys auction house True Greats sale in London. Still in complete and roadworthy condition, the car was reported to be in superb, drivable condition before its sale, which was the first time it had been auctioned in its near-109-year life.