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Fast & Furious star Paul Walker dies in car crash

AP The US actor Paul Walker has died in a car crash in Valencia, California. The 40-year-old star of the Fast & Furious movie franchise was a passenger in a red Porsche Carrera GT sports car that hit a lamp post and burst into flames. Deputies from the Los Angeles County Sheriff's department attended the incident north of LA but Paul Walker and the driver of the Porsche were pronounced dead at the scene.

Ferrari 250 GTO sells for $35 million

A Ferrari 250 GTO – once owned by Sir Stirling Moss – is reported to have sold for a record-breaking $35 million. The Ferrari 250 GTO is probably the most coveted car on the planet and is, therefore, one of the most expensive. Simple supply and demand dictates that when a product is reckoned to be the best there is and the supply is limited prices will rise.

Stunners turn out for San Marino Motor Classic

A splendid new concours debuted on the sprawling main lawn of Lacy Park in sunny San Marino, Calif., on June 12--the San Marino Motor Classic. Featuring nearly 200 classic cars of all eras--from a Brass Era 1909 Pierce-Arrow Touring to a 2011 Ferrari 599 GTO--there was depth and breadth enough to satisfy everyone. While modern Porsches, Ferraris and even hot rods and Cobras spread out on side lawns of the great park, the balance of the show--82 of 179 registered entries--were Classic Car Club of America (CCCA) Packards, Lincolns, Cadillacs and Rolls-Royces, scattered across the main lawn.