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Tony DeLorenzo to be inducted into Bloomington Gold's Great Hall

Corvette racer Tony DeLorenzo and his 1967 L88 Corvette are being inducted into the Bloomington Gold Great Hall in St. Charles, Ill., on June 24. It's part of Bloomington Gold's honoring the 50 people and 50 cars that played the biggest roles in Chevrolet Corvette racing lore.

Countach Sets Record Auction Price

A 1982 Lamborghini Countach was the highlight at a recent historics auction at the famous Brooklands Museum. The Countach was clearly the sale star, soaring to nearly three times its reserve price and settling at what is believed to be a UK auction record for this model, at £337,120 including commission and tax. The auction hall was treated to a struggle between bidders for ownership of the 8,500 mile car, which has been in professional storage for the last 23 years.

Porsche 991 GT3 Cup (2013): the new racer revealed

The first 991-generation to bear the GT3 name isn't a hardcore road car: it's the latest version of the world's most successful racing car. This is the Porsche 911 GT3 Cup car, a stripped-out racer that'll compete in a one-make racing series from 2013. It'll also spawn other racing versions of the rear-engined icon, and eventually track-day versions of the 991 too.