A 1962 Ferrari 250 GTO, valued at over $30 million, has been crashed in France in what reports suggest is the world’s most expensive car crash.

American businessman Christopher Cox, the Ferrari’s Owner/Driver smashed into another car last week during a trip to commemorate the model’s 50th anniversary.

The Italian godfather of car design, Sergio Pininfarina, renowned for crafting sleek Ferrari race cars and revolutionising the common auto, died in Turin on Tuesday.

Born in 1926 near Turin in the industrial north of the country, Pininfarina worked with top carmakers during his long career, designing the Ferrari Testarossa, Fiat 124 Spider, Fiat Dino and Maserati GranTurismo, among others.

The new Aston Martin V12 Vantage Roadster has leaked ahead of an official debut later this week.

The V12 Roadster gets the same engine and gearbox as the V12 Vantage Coupe which means the 6.0 litre V12 with 510bhp and a six-speed manual ‘box.

Differences to the coupe include a revised rear deck lid with a reshaped spoiler, redesigned front air intake and modified front and rear suspension.

Prince Albert II of Monaco is auctioning off part of the luxury car collection started by his father Prince Rainier III, with vehicles by Bentley, Panhard and Porsche among those up for sale.

Bentley is introducing a new performance flagship, its fastest production model ever, the Continental GT Speed coupe.

The new performance flagship packs 625 PS (616 bhp / 460 kW) at 6000rpm and 800 Nm (590 lb-ft) of torque from its 6.0-liter 48-valve, four-cam, twin turbocharged W12 engine.

With power transfered down to the pavement via a newly revised ZF eight-speed automatic transmission, the 0-60 mph sprint takes 4.0 seconds (0-100 km/h in 4.2s) and on to a top speed of 205 mph (329 km/h).

Rolls Royce just opens its largest dealership in North America Jericho, Long Island which is located just miles outside of New York City.

The 9,200-square-foot facility at 115 South Service Road in Jericho holds more than a dozen of the ultra-luxury automobiles, and includes a café, meeting spaces with floor-to-ceiling glass walls and an outdoor terrace.