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Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).

Rear-end collisions increasing, says study

REAR-END shunts on the road are getting more common despite the advance of new anti-crash technology, according to new research by accident management firm Accident Exchange. Rear-end shunts – when one car drives into the back of another – have risen by 7% in the last three years as a proportion of all accidents. Each accident causes damage costing an average of £2,000 to repair.

Study finds parents struggle with proper safety-seat use

Car crashes are the leading cause of death for kids ages three to 14, and a study released by New Safe Kids USA on Sept. 15--pegged to draw attention to National Child Passenger Safety Week, which starts on Sept. 18--shows that while parents are getting better in the proper use of child safety seats, there is room for improvement.