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1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.

Lamborghini opens first fashion boutique

By Ben Pulman Motor Industry 13 August 2008 15:45 At the launch of the revised Lamborghini Gallardo, the LP560-4, journalists were treated to a fashion show of scantily clad girls parading up and down on the dinner table. The reason why has now become clear. Lamborghini has just opened its newest showroom in Las Vegas, and its first ever fashion boutique.

McLaren F1 driver finds himself in hot seat

The McLaren F1 is one hot supercar--literally, in the case of one of the 106 built. A McLaren was being driven in Santa Rosa, Calif., on Monday afternoon when the engine compartment caught fire. The car's owner, identified by the Santa Rosa Press Democrat as Irv Kessler, was driving.