1962 Ferrari 250 GTO sells for record $38M

A few decades ago you could buy a crappy NBA franchise for $40 million; these days that princely sum will only net you one Ferrari. Provided the Ferrari in question is just exactly the right model, that is. 250 GTO models from the 1962 vintage have been trading hands for silly money for quite some time, though no public sale has rung up for this much ever before. The Pebble Beach festivities are only now kicking off in Northern California, but this sale should give one hell of a start to the auction season.

Hyundai talks performance at Rally Finland

Traveling with Hyundai to check out the always-exciting Neste Oil Rally Finland, we came back with quite a few stories to tell. Keeping abreast of point totals is easy, but forecasting the near future for the WRC grid is both trickier, and more interesting. While we were at it, Hyundai just happened to drop a few tidbits about the future for its upcoming N performance brand, as well. Read it all, here.

The next Corvette ZR1 will be mid-engined

We know, we know. You first heard the legend of the upcoming mid-engined Chevy Corvette when you were just a babe at your grand pappy's knee. A few promising concept cars and decades worth of rumors have routinely been proved wrong for stories of this ilk, and yet, our friends at Motor Trend really do think that the engine of the next ZR1 might find itself behind the cockpit, when all is said and done. The truth is out there...

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