Spectra Premium Industries Inc C800 Ignition Coil on 2040-parts.com

Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.

Pininfarina design celebrated in London exhibition

The work of Italian design house Pininfarina will be celebrated in a dedicated exhibition as part of the International Architecture and Design Showcase, set to take place during the 2012 London Olympics. From 22 June to 15 July the ‘Pininfarina in London' exhibition will display the most prestigious products made in Italy including a Ferrari FF and a Maserati GranTurismo during the inauguration. Four sculptures in cedar wood – made by Riva 1920 – represent four Pininfarina design icons: the Cisitalia of 1947, the Dino of 1967, the Birdcage 75th of 2005 and the Cambiano, the concept car launched by Pininfarina in Geneva this year.

Savage Rivale develops telescopic roof system [w/video]

Savage Rivale has revealed its design for a retractable telescopic multi-panel roof system (RTMP) that will feature on its 2012 Road Yacht GTS supercar. The system features 4 panels with glass centers and carbon fiber frames that retract into the rear deck by a centrally-mounted telescopic arm. Its locking mechanism is placed within the C-pillars and is controlled via one central module.