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1964 Ford GT40 prototype sells for $7M

Seven-figure Ferraris are not horribly rare. Heck, an eight-figure Ferrari isn't a rare occurrence. Between modern masterpieces like the Enzo and more classic offerings, cracking the million-dollar mark isn't a particularly tall order for the cars from Maranello. For a Ford, though, it's a big deal.
Now, this is not just some rare Mustang. This is a GT40, the car that Henry Ford II commissioned to whip Enzo Ferrari around a track in France. As far as the Le Mans-winning racers go, they don't get much rarer than this one. Sold at the Mecum Auctions in Houston, this is one of the prototypes, meaning it's one of the very first GT40s ever built. That makes its $7 million winning a bid, a record for on-air coverage of the auction, a pretty darn impressive figure.
You can watch the auction below, but first, take a look back at our original story on this rare Blue Oval.

Hear the 2015 Mustang GT V8 roar for the first time

Our combined knowledge of the 2015 Ford Mustang continues to deepen, as spy shooters have begun to compile video and audio of the upcoming sixth-generation car.
Case in point is this latest series of video clips, which not only gives us a great vantage point of the Mustang in motion, but also allows us to hear the Ford V8 engine and exhaust. After perusing the aural delights of this short video, which, admittedly, doesn't catch the Mustang GT at full song, we can at least say that the throaty exhaust isn't disappointing.
Chances are good that the 2015 Mustang GT will debut with some version of the current (and excellent) Coyote 5.0-liter V8 engine, though we're unclear as to whether or not the motor has been massaged for its next-gen debut, or what may have been done to exhaust plumbing. At this point, we're just happy to hear the pony run. Scroll below to hear for yourself.

White House clears way for NHTSA to mandate vehicle black boxes

At present, over 90 percent of all new vehicles sold in the United States today are equipped with event data recorders, more commonly known as black boxes. If the National Highway Traffic Safety Administration gets its way, that already high figure will swell to a full 100 percent in short order.
Such automotive black boxes have been in existence since the 1990s, and all current Ford, General Motors, Mazda and Toyota vehicles are so equipped. NHTSA has been attempting to make these data recorders mandatory for automakers, and according to The Detroit News, the White House Office of Management Budget has just finished reviewing the proposal, clearing the way. Now NHTSA is expected to draft new legislation to make the boxes a requirement.
One problem with current black boxes is that there's no set of standards for automakers to follow when creating what bits of data are recorded, and for how long or in what format it is stored. In other words, one automaker's box is probably not compatible with its competitors.