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$1.3B worth of classic cars were auctioned in 2014

The collector auto market in the US just continues to expand with the values of vehicles seemingly only growing in the past years, especially if they have a prancing horse on the hood. This year was no different. According to data compiled by classic car insurance agency Hagerty, there were about $1.3 billion worth of vintage rides auctioned in North America in 2014, up just slightly from $1.2 billion crossing the block in 2013. If you want an idea of just how big a role the Monterey Car Week plays in the North American collector hobby, Hagerty's stats illustrate it perfectly. The company recorded $430 million in auction sales during the week – about a third of the entire market for the year. The event also hosted the biggest seller of 2014 when the hammer fell on a 1962 Ferrari 250 GTO (pictured above) for $38.115 million at Bonhams. In fact, vintage Ferraris in general were among the top buys in the classic auto world in 2014. Eight of the ten most expensive vehicles sold at auction were Prancing Horses (the other two were Ford GT40s). Also, the insurance company's price index for these Italian stallions showed a 43-percent gain in value for the year. The market for another Italian supercar is exploding, as well. The Lamborghini Countach showed a staggering 175-percent growth in auction value in 2014. According to Hagerty, the average price when they crossed the block was $736,599. Judging by Hagerty's numbers, there were still some places to look for those hoping to spend a bit less money. The Aston Martin Lagonda showed a strong gain in value with a 32-percent increase in auction price, but they still averaged $47,078. In addition, the company's index for '50s American cars showed only one-percent growth for these classics. These huge leaps in collector car value might be winding down, according to Hagerty. It predicts growth in the market to slow to an estimated five percent gain in 2015. Maybe a few of these classics might actually become a bit more affordable to fans without such deep pockets sometime in the future. Featured Gallery Bonhams Maranello Rosso Collection: Monterey 2014 View 21 Photos News Source: HagertyImage Credit: Copyright 2014 Drew Phillips / AOL Aston Martin Ferrari Lamborghini Auctions Car Buying Performance Classics aston martin lagonda ferrari 250 gto Lamborghini Countach collector cars 1962 ferrari 250 gto auto auction

'The Cannonball Run' Lamborghini Countach now on the National Historic Vehicle Register

Just a few months ago the National Historic Vehicle Register, which documents historically significant automobiles, added the "Back to the Future" Delorean to its ranks. Now another big-time '80s movie car joins the ranks: the 1979 Lamborghini Countach from "The Cannonball Run." And in case you hadn't guessed, the film is a comedy based on the Cannonball Baker Sea-To-Shining-Sea Memorial Trophy Dash cross-country rally that Brock Yates organized. Funny enough, the Countach isn't really the hero car. The film's main protagonists played by Burt Reynolds and Dom DeLuise drive a Dodge ambulance. But the Countach still got high billing and some key shots. Not only was it on the film poster, but it got the opening scene featuring its drivers, two women in close-fitting jumpsuits. Add in its own striking looks, and it's understandable that the Lamborghini stuck in many people's minds. According to the Register's organization, the Hagerty Driver's Foundation, the car was restored in 2009 back to film specification. The car really wasn't much different from a factory model save for its various antennae, auxiliary lights and oodles of exhaust tips. The interior apparently had to be redone in the film's tan, as it had been changed to maroon at some point in its life. It doesn't have too many miles on it either at just over 16,000, and it's had three owners. The Countach joins a wide array of other automobiles from films, motorsports and elsewhere. One of the other major movie cars is the original "Bullitt" Mustang. You can find the full list, here, and the Countach will be on display at the National Mall in Washington D.C. from Sept. 24 to Sept. 30. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Lamborghini donates Huracan to Italian police

Lamborghini made a big entrance with the Huracán LP 610-4, and now the Italian State Police can, too. The Sant'Agata automaker donated one to Giovanni Law to the replace the Gallardo the authorities have had in service for six years.
It will be used to "sustain security on Italian roads" and is loaded with a Q-Branch worth of features that you won't even find on any Ad Personam options list: a "Proof Video Data System" to track the Lamborghini and the suspects being chased, number plate recognition and tracking and real-time transmission of images to HQ, four sirens, an aerodynamic light bar, a refrigerated trunk for organ storage, a defibrillator and - naturally - a hand-held stop sign.
The Huracán LP 610-4 Polizia should go into service by year's end. There's a press release below so you'll know who to look out for if you turn scofflaw inside the nation-state line.