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Auctioned Ferrari Dinos fetch more than £380,000

TWO FERRARI Dino cars have sold for a combined £383,000 during the same auction, despite one of them needing significant restoration. The model has in recent years become a golden goose for any owners lucky enough to have acquired one years ago, and the latest Silverstone Auctions sale shows what a cash cow even poor condition examples have become. A recently-restored 1971 Dino topped £250,000 inclusive of its buyer's premium, while the rusting form of a 1973 version still brought about a £132,500 sale.

McLaren denies Ron Dennis demotion rumors

McLaren has denied reports that boss Ron Dennis is being demoted in the wake of the automotive division he heads losing money. Germany's Auto Motor und Sport broke the news this week that Dennis could be demoted. He is known for shaping McLaren into a motorsports powerhouse, and has spearheaded its automotive division since 2009.

Fiat challenges RCA students to design the 500 or Panda of 2020

Fiat is challenging Vehicle Design students at London's Royal College of Art to explore how the Fiat 500 and the Panda might look in 2020 in a new contest called ‘Two of a Kind'. 14 teams of four students from across all design disciplines are asked to design innovative exterior and interior proposals taking interactivity, digital interface, sustainability and global appeal in account, using the Fiat design language as a starting point. The Master's students will be supported by six lectures at the RCA from some of the carmaker's top designers, such as head of design (Europe, Middle East and Asia regions) Roberto Giolito and head of global design Lorenzo Ramaciotti.