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What's driving the spike in air-cooled Porsche 911 prices

Speed Academy runs a piece looking at what's driving the skyrocketing prices of air-cooled Porsche 911s. One theory is that Joe-the-Plumber owners are valuing their own high-mileage daily drivers according to the bubble-like prices being asked for pristine, low-mileage examples.

ETC
Porsche 911 2.7 RS values up by nearly 700% in the last 10 years [w/video]

If you're looking for an automotive investment and have a few hundred thousand dollars to burn, then you might want to look away from Ferrari and towards Porsche. The 1973 Porsche Carrera 2.7 RS is the highest appreciating car of the last 10 years, at least in the UK. The value of these homologation specials is up 669 percent in just the last decade.

Auctions
Will this McLaren F1 sell for over $12 million at Pebble Beach?

Decades ago, a dominant Formula One team made a few dozen examples of a sports car that was as devastating on the track as it was on the road, and as such, it has become highly sought-after by collectors willing to pay millions – even tens of millions – for the privilege of ownership. We have to be talking about the Ferrari 250 GTO, right? We very well could be, but in this case