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Russo and Steele sues tent company over auction damage

Four months after its Scottsdale, Ariz., auction was disrupted by severe weather, Russo and Steele is suing tent company Tri-Rentals for damage caused when a tent collapsed on several hundred collector cars. In a statement released on Thursday, Russo and Steele said that it was forced to file suit against the rental company to protect its reputation. The auction firm says its lawsuit cites negligence, gross negligence, breach of duty of good faith and fair dealing.

Possible Ferrari F70 tester spotted

The above photos of what very well might be a development mule for the next primo Ferrari —likely to be called the F70—were recently posted on the Ferrari 4/5 Competizone Facebook page. The future F70 is expected to be a front-runner in the competition between the very best cost-no-object supercars. The F70 will feature a 7.3-liter V12 coupled to a kinetic-energy-recovery system, a combination that will be good for 920 hp.

Lexus CT 200h Advance tops CT 200h range

Lexus has revealed a new range-topper for its smallest car – the Lexus CT 200h Advance – with extra equipment and small price premium. The new range-topping Lexus CT 200h Advance We’re not entirely convinced that Lexus has got their baby car quite right – we’d rather see it drop its rather harsh suspension setup and offer proper compact cosseting - but there’s a ready market from buyers wanting a touch of Japanese luxury in a more compact form. But it seems Lexus are at least heading in the direction they should with the CT 200h by launching a new range-topping model - the Lexus CT 200h Advance – with more toys as standard to appeal to the downsizer who wants their luxury setup ready-made.