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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

There's an 820-hp Aston Martin Vulcan heading to auction

Aston Martin only made 24 examples of its track-only Vulcan, all of which sold out in the blink of an eye. Owners were personally invited by the automaker to purchase the supercar and had to shell out $2.3 million for the pleasure of owning one. Since the vehicle's debut last year, only one Vulcan has gone on sale in the US. And that one carried a hefty price tag of $3.4 million. But now, there's another Vulcan for sale and it's very, very purple. This gorgeous example is number 11 out of 24. There's no mention of how many miles it has covered or why the owner is selling it, but this is a rare opportunity to own one of the most visceral supercars ever. The supercar is heading to Mecum's Monterey auction in August and while it should go for more than its original price tag, there's no price estimate available. Potential buyers should know that the Vulcan is a track-only machine – a British motorsports engineering company can convert the car for road use – built in partnership with Aston Martin's racing team. The Vulcan gets its power from a 7.0-liter V12 that generates 820 horsepower, and the rest of the vehicle is just as hardcore. Related Video:

Aston Martin Valkyrie set to make 1,000 horsepower, rev to 11,100 rpm

Aston Martin is working with Cosworth to develop the Valkyrie engine, an engine (we now know) unlike that found in any other production car. Today it has shared some of the specifics. The naturally aspirated 6.5-liter V12 will make 1,000 horsepower and rev up to 11,100 rpm. We did the math, that's 153.8 horsepower per liter in a non-boosted car. Cue the jaws dropping to the floor. The first thought here goes to what this thing will sound like. Aston has us covered there with a video it tweeted out this morning, which you can play below. Developed in conjunction with longtime technical partner @Cosworth, the new V12 had to satisfy a simple, yet extraordinary brief; to create the ultimate expression of the internal combustion engine. #AstonMartinValkyrie #ASTONMARTIN #Cosworth pic.twitter.com/BQXUVD355f — Aston Martin (@astonmartin) December 12, 2018 We got a sneak preview awhile back of the sound, and this just confirms how awesome it's going to be. The noises bring us back to a time when F1 engines actually sounded good. Peak power is made at an astounding 10,500 rpm, so you'll want to rev it all the way up to the top before shifting. Torque is predictably much lower — it makes 546 pound-feet at 7,000 rpm, when most engines are either done or running out of steam. Numbers for the Valkyrie's hybrid system are still unavailable, so we'll have to wait to find out the combined output. The large V12 weighs 454 pounds, and Aston says it's a fully stressed element of the chassis — removing the engine would literally split the car in two. Titanium connecting rods, F1-spec pistons and a billet-machined crankshaft that takes six months to produce are but a few highlights of the Cosworth engine. Aston Martin says the crankshaft is 50 percent lighter than the One-77's V12 rotating assembly. Thankfully, we've been provided with a gallery of engine photos to drool over. Making such a ridiculous and powerful engine emissions-compliant enough for a road car is something every car enthusiast can appreciate. Naturally aspirated V12s are arguably one of the most satisfying engine configurations to have been put forth on this earth. One that revs to 11,100 rpm sounds like it could crack anybody's list of greatest road car engines ever. Aston Martin sounds hyped about it, and we don't blame them. This car, and this engine, are going to be monsters. View 16 Photos Related video: