Ferrari 250 GTO sells for $70M

The $52 million paid for a Ferrari 250 GTO in 2013 now looks like a bargain considering another example of the ultimate classic Ferrari has just traded hands for a rumored $70 million, which if accurate makes the figure the highest known price ever paid for a car. The buyer was none other than WeatherTech CEO David MacNeil, who already owns a number of...

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Dodge Viper to return? Marchionne leaves the door open

In August 2017 the last Dodge Viper slithered off the assembly line, and for a second time, it was said to be dead forever. In recent weeks, however, reports have popped up stating that the Viper would return in 2021, minus the iconic V-10 engine under its hood. Last Friday at an investor conference in Italy, Fiat Chrysler Automobiles laid out its latest...

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Lotus CEO steps down

He was brought in back in 2014 to help bring back Lotus from the brink of bankruptcy and turn it into a viable automaker, but now Jean-Marc Gales has given up his CEO position at the British sports car brand. Gales on Monday revealed via a statement that he has left Lotus for “personal reasons,” though we know he also has a new job lined up at...

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GM product chief crashes Corvette ZR1 pace car at Detroit GP

Put a hot car on a racetrack, go hard on the throttle, and the result could be an accident. Anyone who has ever attended a track day knows that they could be "that guy" on any given day. On Sunday the hot car was a 2019 Chevrolet Corvette ZR1, that guy was GM's Executive Vice President of Global Product Development Mark Reuss. To further Reuss's...

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Next Jeep Grand Cherokee to use Alfa Romeo Stelvio platform

The departing gift Daimler gave to Chrysler Corporation was the premium platform that has underpinned the Jeep Grand Cherokee and Dodge Durango since the 2011 model year. That architecture has served those vehicles well, but it's time for new bones. At the Fiat Chrysler Automobiles investor conference in Italy last Friday, Motor Authority asked company CEO...

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Chrysler to stick around but may become mobility brand

Fiat Chrysler Automobiles didn't pull the plug on its Chrysler brand during Friday's five-year strategy announcement, as had been rumored, but there weren't any reassurances either. In fact, Chrysler didn't even get a mention in the strategy. Chrysler sells just the Pacifica minivan and 300 sedans, and FCA CEO Sergio Marchionne indicated to reporters on...

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BMW drops first details on next Z4

There's a new BMW Z4 racing into showrooms next year, and uniquely the car has been developed on a platform shared with the modern-day Toyota Supra due about the same time. This bodes well for the BMW as having a dedicated sports car platform should turn what has traditionally been a hairdresser's car into a proper performance machine. High stiffness and...

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2021 Mercedes-Benz S-Class spy shots

Prototypes for Mercedes-Benz's next-generation S-Class have been spotted. The car is expected in showrooms in 2020, as a 2021 model, and we can see that Mercedes' engineers are using models like the current S-Class as well as BMW's 7-Series as benchmarks. From earlier test mules, we know the general size and proportions will match up with the current...

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McLaren’s MSO team turn out stunning 675LT tribute car

The Gulf Racing livery has remained one of the most iconic in motorsport, and the blue and orange color scheme looked particular delightful when applied to the body of a 1997 McLaren F1 GTR Longtail. That car, also referred to as the Davidoff F1, has raced in FIA events all over the globe. It's in a private collection but many are quite smitten with its...

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