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Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.

Mercedes E63 AMG S (2013) priced from £83,470

Mercedes has announced the hottest E-class you can buy, the E63 AMG S, will cost from £83,470 in the UK from June 2013. In uprated 'S' guise, the 577bhp/580lb ft exec saloon monster can only be ordered with 4Matic all-wheel drive in left-hand drive markets, but the UK gets only rear-drive cars. CAR has already tried the E63 AMG S in 4Matic form: click here for our full review.

BMW i Ventures buys in to ParkatmyHouse.com

BMW i-Ventures invest in ParkatmyHouse.com Earlier this year – when BMW launched their BMW-i Brand – there was also news of a new BMW company – BMW i Ventures – which BMW said they were setting up to invest in interesting stuff related to cars. BMW stated their goal as “…to expand the range of products and services offered by BMW i in the long term by taking stakes in highly innovative service providers”, and their first investment was in to an app business -  My City Way – which provides users with information on public transportation, parking availability, and local entertainment. BMW argue – very sensibly – that our fuel usage can be cut by using common sense and new technology.