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The man who paid 40 million for the Ferrari Luce made his fortune from light itself
Automotive Industry
17/08/2026

The man who paid 40 million for the Ferrari Luce made his fortune from light itself

The buyer who paid 40 million dollars for the first Ferrari Luce at Monterey has been named as Dr Herbert Wertheim, a self-made billionaire, inventor and philanthropist who created the first UV-absorbing dye for plastic eyeglass lenses. A keen Ferrari collector, he bought a Tailor Made Daytona SP3 for 26 million at the same event a year earlier. All proceeds went to The Ferrari Foundation.

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An Alfa restomod shop is becoming a carmaker, and its first car has a manual V12
Automotive Industry
17/08/2026

An Alfa restomod shop is becoming a carmaker, and its first car has a manual V12

Totem Automobili, known for its restomodded Alfa Romeo Giulia GT coupes, has revealed its first in-house platform, the Tiziano, at Monterey Car Week. It uses a carbon monocoque and a naturally aspirated V12 from Italtecnica paired with a six-speed manual, and will spawn three T12 body styles. A running chassis is promised for 2027.

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Mercedes-Benz refreshes the C-Class, and gives it three AI brains at once
New Models
17/08/2026

Mercedes-Benz refreshes the C-Class, and gives it three AI brains at once

Mercedes-Benz has given the C-Class Saloon and Estate their most comprehensive update yet, with sharper styling, an AI assistant built on ChatGPT, Microsoft Bing and Google Gemini, and Euro 7-ready engines. Orders open on 18 August 2026, with German prices starting at €48,844 including VAT.

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This Ferrari F40 costs 60 euros, fits in your palm, and will still sell out in minutes
Automotive Industry
17/08/2026

This Ferrari F40 costs 60 euros, fits in your palm, and will still sell out in minutes

Hot Wheels has revealed a Red Line Club exclusive 1:64 Ferrari F40, finished in Spectraflame red over a silver plate with Real Riders wheels, an opening clamshell and a replica engine. It goes on sale on 18 August 2026 for 60 euros, members only, with a limit of two per customer. Expect it to disappear fast.

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Pascal Wehrlein is Formula E champion again, and he did it finishing 14th
Motorsport
17/08/2026

Pascal Wehrlein is Formula E champion again, and he did it finishing 14th

Pascal Wehrlein has won the 2025-26 Formula E world title with Porsche, his second, after a nervy London finale on 16 August where he finished 14th but held on by five points over Jake Dennis. Porsche retained the manufacturers' championship but lost the teams' title to Jaguar. Wehrlein becomes only the second two-time champion in Formula E history.

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BMW's most talked-about release this month is a wardrobe, built around a 1972 coupe
Automotive Industry
16/08/2026

BMW's most talked-about release this month is a wardrobe, built around a 1972 coupe

Kith and BMW have unveiled their fourth collaboration, an apparel and accessories collection built around BMW's own heritage colours and a restored 1972 BMW 3.0 CSi in Inka Orange, commissioned by Kith founder Ronnie Fieg. It drops globally on 17 August 2026 and is paired with two custom cars, a V10-swapped E53 X5 and a one-of-one 2027 X5.

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MINI enters Pakistan with nothing but electric cars, and returns to Jordan
Automotive Industry
16/08/2026

MINI enters Pakistan with nothing but electric cars, and returns to Jordan

MINI has entered Pakistan for the first time with an all-electric line-up, offering the Cooper E/SE, Aceman E/SE and Countryman E/SE through importer Dewan Motors and a new showroom in Karachi. On 12 August it also relaunched in Jordan with partner Abu Khader Automotive, more than a decade after first arriving there. Both moves lean hard on electrification.

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The man who gave modern Volvos their face will now shape Bentley's electric era
Automotive Industry
16/08/2026

The man who gave modern Volvos their face will now shape Bentley's electric era

Bentley has appointed T'jon Mayer as its new Head of Exterior Design and Design Operations, effective immediately. He spent 13 years at Volvo, where he directed exterior design on models including the EX60 and shaped the brand's Thor's Hammer lights, and joined Bentley in 2024. He now leads the 45-strong exterior team and will shape Bentley's electric future, starting with the Torcal.

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A Chinese state carmaker is building its first European plant next to a NATO naval base
Automotive Industry
16/08/2026

A Chinese state carmaker is building its first European plant next to a NATO naval base

Spain is set to approve a 200 million euro plant in Galicia for state-owned Chinese carmaker SAIC, the parent of MG, despite intelligence warnings about its location around five kilometres from the Ferrol naval base. The factory will build up to 120,000 MG electric and hybrid cars a year from 2028 and create roughly 1,000 jobs. It would be SAIC's first European plant.

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