Turbonetics 38mm Waste Gate on 2040-parts.com

The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).

Geely at Shanghai 2011: Geely MINI Cooper & Geely London Taxi

Geely's take on the London Cab & MINI Cooper Regular readers – in fact anyone who takes notice of car news – will probably recognise Geely as being the Chinese car maker who bought Volvo in 2010. Proper car anoraks may also remember the ‘Chinese Rolls Royce‘, a Phantom ‘Homage’ from Geely that came equipped with a ‘Throne’ in the back to transport a lone plutocrat. It looked a lot like a Russian cold war ZIL meets cartoon Phantom and there was no mistaking it was a Chinese car for a Chinese market.

Freelander 2: Prince Philip has a Road Angel in his

The Duke of Edinburgh sensibly uses a Road Angel in his Freelander 2 The Land Rover Freelander 2 is a much improved car, and one that gets the Royal seal of approval. Prince Philip drives one. And very sensibly – just like the rest of us who drive a lot and don’t want taxing by one of the millions of speed cameras on the road – he has a Road Angel fitted.