The most expensive Ferrari ever sold at auction

A new record price was set at Pebble Beach this weekend when the 1967 Ferrari 275 GTB/4*S NART Spider pictured here became the most expensive Ferrari ever sold at auction. That isn’t the same as saying it’s the most expensive Ferrari ever, but the NART Spider is an extraordinarily special piece of Prancing Horse history. Join us as we explore what makes this particular car so important, and take a closer look at one of the most valuable cars in the world.

GM posts $2.5 billion profit, led by North America

General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.

Prodrive starts listing service for used race cars

Like many race teams, Prodrive, which spearheaded Subaru's World Rally Championship team, sold its cars after retiring them from competition. Some would go to other teams, who would run them competitively, or to collectors. Additionally, Prodrive sells fully prepared new Subaru-based Group N and WRC rally cars to customers.