Oscar-winning director Martin Scorsese has confirmed that he is to produce a film about the history of Rolls-Royce. Silver Ghost will tell the story of Charles Rolls and Henry Royce, the men behind the British marque that is synonymous with luxury. The film is still in the early stages and no writer, cast or director has been decided yet but Scorsese will be producing alongside Richard Attenborough and Anthony Haas. "When I read the story of Silver Ghost, I was mesmerised. I immediately thought: this is a picture that has to be made," Scorsese said. "And when I was asked to come aboard as a producer alongside Richard Attenborough and Anthony Haas, I didn't hesitate for a moment."
Ford Shelby GT500 is most powerful V8 ever
As a fitting tribute to racing entrepreneur Carroll Shelby, who passed away earlier this month aged 89, it's been revealed that the 2013 Ford Shelby GT500 has the most powerful production V8 engine in the world. The Society of Automobiles this week confirmed the status of the supercharged 5.8L engine, which produces a whopping 662hp and 855Nm of torque - 112hp more than the 2012 version. And Ford even says it's fuel efficient, claiming it's the greenest car in the over 550hp category in the US. "This is one of the most exciting engines Ford has ever offered customers, and we are enormously looking forward to the arrival of the new Shelby GT500 in the Middle East," said Hussein Murad, Ford's regional director of sales. The new GT500 is scheduled to be on sale in the UAE by October.
Rare Ferrari sells for Dh23.5m in Monaco
A Ferrari that is one of only two ever built stole the show at a high-end car auction in Monaco, selling for Dh23.5 million. The 1957 625 TRC Spider sold for well over the expected price of Dh14m on a day when wealthy enthusiasts spent Dh151m on cars at RM Auctions' event. The 625 was labelled "one of the prettiest Ferraris ever built" by a Ferrari historian and, after a restoration in 1982, now has a 3.0L V12 engine that produces 320hp. Five other classic Ferraris each sold for in excess of Dh4.7m at the auction, with two - a 1966 206 S Dino Spyder and a 1952 225 Sport Spyder - selling for more than Dh11.7m each.
One-car NYC parking spot on sale for $1m
A car garage measuring just 3.65m by 7m in New York City's Greenwich Village is on sale for a colossal $1 million (Dh3.67m) - six times the price of the average American house. A driver would have to rack up a $115 illegal parking ticket each day for 24 years before it amounts to the cost of the garage, the New York Post reports. As it stands the space, at the foot of a luxury condo building, can only fit one car but real estate firm Prudential Douglas Elliman says the new owner could add a car lift to fit a second vehicle. A spokeswoman for the firm said: "It's for someone who wants complete privacy."
366 Hyundai vehicles to be used at Euro 2012
Hyundai is providing 366 vehicles for next month's Euro 2012 championships taking place in Poland and Ukraine, including national team buses with fan-inspired slogans. The Korean marque is the football tournament's official partner and last week it handed over the keys to vehicles including the Centennial, Santa Fe and Sonata.