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1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ makes €9,856,000

It’s the annual  Concorso d’Eleganza Villa d’Este festival of supercars and classic cars this weekend, and poart of that is the RM Auctions sale at Vella Erba, on the banks of Lake Como, with a 1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ smashing the world auction record by fetching €9,865,000. The 375 MM is one of three works cars entered in the 1953 24 Hours of Le Mans and has a good history including 24 Hour of Spa, the Carrera Panamericana, and winning the 12 Hours of Pescara, has been driven by World Champions Hawthorn, Ascari, and Farina and won numerous awards at many events including Pebble Beach, Goodwood Revival and the Louis Vuitton Classic. But it wasn’t just the 375 MM that sold at a strong price, with other notable lots fetching good prices, such as a 1965 Ferrari 275 GTB, for €1,120,000,  a 1967 Lamborghini Miura P400 at €426,600, a 1962 Mercedes-Benz 300SL Roadster for €1,114,400 and a 1962 Ferrari 400 Superamerica SWB Coupé Aerodinamico for €2,184,000.

BMW Gran Lusso design explained in Pininfarina video

The two-door BMW Gran Lusso took center stage at the 2013 Villa d'Este Concourso d'Eleganza in Italy last weekend. The Pininfarina-designed, V12-equipped coupe could herald the return of the company's mighty 8-series Bimmers that rolled the streets in the 1990s. Pininfarina posted two videos of the BMW Gran Lusso on its YouTube channel on Wednesday.

New Jaguar F-Type leaks out UPDATED

With the new Jaguar F-Type Roadster due to get its first outing at Paris 2012, we have the first photo leak. Update: Jaguar has released the above photo of the new Jaguar F-Type officially after this leaked photo. So now it’s official – this is the 2013 Jaguar F-Type.