Financials
Elon Bought a McLaren F1 for $1M in 1999, Crashed It Uninsured, and It's Now Worth $30M
This was his McLaren F1 that he bought in 1999 after selling his company Zip2. He daily drove the car for 11,000 miles and then crashed it. He has since sold the car. Today, it would be worth $25 to $30 million, given the car's history. That's an inflatio...
Jay Kay Is Living Proof That You Can Own Good Cars That Don't Depreciate
The Jamiroquai frontman's Ferrari 355 GTS has held its value remarkably well, proving that buying the right classic at the right time beats any traditional investment. And this one has serious provenance.
The Classic Cars MAKING Money Right Now: Winners and Losers in the Last 12 Months
The classic car market has entered a new phase. While muscle cars and Ferraris decline, Lamborghini Miuras, JDM legends, and air-cooled Porsches are making serious money. Here's what appreciated and what crashed in 2024-2025.
This Old BMW Is a Better Buy Than a New Ferrari. And It Was in a James Bond Film.
Unlike a new Ferrari, it has done all of its depreciating and won't lose half its value in a year's time. This is the BMW Z8, and it proves you can buy good cars that don't depreciate.
Lewis Hamilton Crashed His Pagani Zonda and Made £7 Million Doing It
He bought it for £1.6 million in 2014, crashed it in Monaco a year later, called it terrible to drive, sold it for £8.5 million in 2021, then watched the new owner crash it again in 2023. The car's now worth over £10 million.
The Automotive Industry in 2025: A Year of Chaos, Collapse, and Cyberattacks
From the most economically damaging cyberattack in British history to a failed $60 billion merger, 2025 rewrote the rules for survival in the automotive sector. Here's everything that mattered.
UK Autumn Budget 2025: Winners and Losers for Motorists
The UK’s 2025 Autumn Budget delivers mixed news for drivers, with fuel duty frozen but EV owners set to face a new mileage tax from 2028, sparking a reshuffling of costs on the road.
Toyota's Sales Skyrocket in 2025
Toyota CFO Kenta Kon reveals the automaker is struggling to keep up with surging global demand, driven by booming hybrid sales and record vehicle deliveries.
Kia Enjoys Record-Breaking October Sales, Sets Pace for a Stellar Year
Korean automaker Kia continues its hot streak, posting its best October ever with 69,002 units sold in the US alone and strong growth in India. Fueled by popular SUVs and electrified models, Kia is on track for another record-breaking annual performance i...
How much money does NASCAR make?
How much money does NASCAR make? NASCAR financials have been released in court documents; The sanction had revenues of $1.701B.
Porsche Readies Third US Price Hike, Blames Trump Tariffs
Porsche is set for another round of steep price increases in America, pointing directly to President Trump’s European auto tariffs as the trigger.
Porsche Profits Dive 99% as New CEO Faces Crisis Mode
A brutal Q3 report throws Porsche's future into question, with profits collapsing ahead of Michael Leiters stepping in as the brand’s new CEO.
Mercedes Sales Take a Hit with Double Digit Decline in Q3 2025
Mercedes-Benz reported a sharp drop in sales and revenue in the third quarter of 2025, with volumes down 12 percent globally due to tough markets in China and the US. Despite challenges, their luxury electric vehicle sales continue to inch upwards.
Jaguar Land Rover Sales Drop Dramatically Amid Cyberattack and Market Challenges - Full Q3 2025 Financial Overview
Jaguar Land Rover’s third quarter of 2025 saw a sharp decline in sales and profit, attributed largely to a crippling cyberattack and the ramp-down of Jaguar legacy models. Despite challenges, JLR maintains cautious optimism for recovery and continued elec...
EX30 Drives Volvo to Its Best September Sales on Record
Volvo reported its best ever September sales figures in the UK, with 11,569 cars sold a 23% year-over-year increase thanks largely to the fresh buzz around the all-electric EX30 and a direct-to-consumer retail model. The compact EV's popularity played a p...
Doom, Gloom, Bla, Bla ... Elon's Doing Just Fine!
Despite all the doom and gloom sensational stories, Elon Musk is thriving. In October 2025, he became the first person in history to reach a net worth of $500 billion, driven primarily by the strong performance of Tesla and significant valuations of his o...