Ferrari 250 GTO hitting Bonhams in August – but how much will it sell for?

Will the Violati Ferrari 250 GTO (pictured) break the $60 million barrier? The last Ferrari 250 GTO Series 1 to hit auction rooms in 2012, fetched a remarkable $35 million, and last year another 250 GTO – chassis #5111 – was sold in a private deal thought to be worth $52 million. And now another Series 1 250 GTO is about to hit the sale room.

New BMW M1 isn’t happening

BMW won’t be building a new M1 A new BMW M1 Supercar has been mooted for some time – BMW even produced the M1 Homage in 2008 – but it’s not going to happen. We’ve expected BMW to bite the bullet at some point and recreate its mid-engined M1 Supercar. After all, car makers like a halo and, although BMW has some very impressive cars, they don’t really have anything like the Mercedes SLS.

Bentley to debut Continental GTC Speed at Detroit show

Bentley will complete its Speed portfolio when it introduces a freshened Continental GTC range at the Detroit auto show. Along with exterior and equipment changes, a new GTC Speed model is added with a more powerful version of the 6.0-liter twin-turbocharged W12 that churns out 600 hp and 553 lb-ft of torque for an improvement of 48 hp and 74 lb-ft over the regular GTC. The result is Bentley's most powerful convertible to date.