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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).

Mobile phones set to be biggest roads killer

MOBILE PHONES are likely to be the number one cause of fatal collisions on the UK’s roads by 2015. The number of drivers making calls, texting and using social media while driving has risen dramatically, which has led Transport Minister Patrick McLoughlin to propose doubling the number of penalty points added to a driver’s licence if caught using a mobile phone while at the wheel. Figures from the Department for Transport show there were 378 accidents in 2012 that were directly attributed to mobile phone use, with 17 deaths recorded as a result.

BMW X5 trio spied testing near Spartanburg

Autoweek reader J. Monroe spotted a camouflaged BMW X5 convoy somewhere on Interstate 26, which just so happens to run near the German automaker's Spartanburg, S.C., plant (one of the X5's production sites). Despite a strategic application of BMW's dazzling, swirly vinyl wrap, the lines of these X5s were identical to those on the models available now.