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First Corvette Stingray Convertible sells for $1 million

The first Chevrolet Corvette Stingray to be built has been auctioned for charity by Barrett Jackson  and bought by Rick Hendrick for $1 million. The new Corvette Stingray Convertible was offered for sale this weekend at Barratt Jackson’s auction in Palm Beach, Florida, with GM donating the healthy proceeds of $1 million to the Barbara Ann Karmanos Cancer Institute. The Stingray Convertible was bought by wealthy NASCAR team owner Rick Hendrick, who can now add the Stingray Convertible to his collection of cars, which also includes the first of the new Stingrays for which he paid $1.1 million.

Goodwood Festival of Speed 2010: the CAR guide

The Goodwood Festival of Speed 2010 descends on Lord March's Sussex estate this weekend, so here at CAR Online we've put together a handy guide to make sure you get the most out of what promises to be a  weekend of motoring nirvana. Especially if this uncharacteristically hot British summer weather continues. Undoubtedly. The Festival of Speed has escalated in size and status over the past decade, becoming one of the most revered events on the motoring calendar.

McLaren P1 (2013): powertrain revealed with 903bhp and electric driving

McLaren has revealed first details of the P1 supercar's hybrid powertrain. The headlines are: a combined 903bhp, 664lb ft, and the ability to drive 6.3 miles on zero-emission electric power. McLaren P1 powertrain: the details The engine is, as expected, an uprated version of the 12C's 3.8-litre twin-turbo V8.