Black C250 Rear Boot Trunk 2014-on Number Emblem Badge Mercedes Benz C Class on 2040-parts.com

McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

Factory Five Body Design Competition

Following in the footsteps of Local Motors, Factory Five is set to launch an open-sourced design contest to design its next car. Up until now, the Massachusetts-based company is famed for its Type '65 Shelby Cobra Coupe replicas and its GTM racecar. Teaming up with Grassroots Motorsports Magazine, Factory Five is now launching the design contest to design the bodywork for its latest project: a Subaru Impreza-engined, rear-wheel-drive two-seater that is expected to sell for under $9,000 in kit form, or $15,000 as a complete car.

VW board OKs Bentley SUV, report says

Bentley's new SUV has been approved for production by parent Volkswagen, a German newspaper said. VW's supervisory board has agreed to build an ultraluxury vehicle based on the EXP 9F concept unveiled at the 2012 Geneva motor show, Handelsblatt reported Feb. 4, citing board sources.