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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

Lamborghini walks us through improvements it made to the Huracan

LE CASTELLET, France — Lamborghini's updated Huracan EVO2 will make its competition debut during the 2022 season of the Super Trofeo one-make series. Visually, it gains a new-look design that blazes the path future models — including production cars — will follow in the coming years. There's more to it than a face-lift, and we sat down with Leonardo Galante, the man in charge of technical development for Lamborghini's racing arm, to get the full scoop on the changes made. "It's a big step from EVO to EVO2, and we focused on three main pillars," Galante told us at the Paul Ricard track. Design is the first; aerodynamics is the second, and it's closely linked to design; braking performance is the third. Customers and enthusiasts will notice design before any of the mechanical changes, so Galante's team worked directly with Centro Stile, the company's in-house design department, to update the Huracan. The lights are thinner on both ends, and the rear units are embedded in a housing that echoes the Countach's back end. Air curtains are now positioned on either side of the front fascia, while a redesigned diffuser dominates the Huracan's rear end. Centro Stile and Squadra Corse had an equal influence on these updates. "We learned a lot in terms of shapes, about how to make a car look beautiful, and designers learned a lot about the principles of aerodynamics," Galante explained. "We worked together to define the best shapes to generate an efficient aerodynamic profile. We want to generate as much downforce as possible while creating as little drag as possible." Sculpting a car's aerodynamic profile isn't as straightforward as merely adding wings, spoilers, vents, and ducts to keep it glued to the ground around a turn. Galante stressed the quality of the downforce generated by the various add-ons is just as important as headline-grabbing figures. His aim was to keep the car as stable and predictable as possible, even when the weight balance shifts under heavy braking from triple-digit speeds. Feedback provided by Super Trofeo competitors since the beginning of the series helped his team dial in the right amount of downforce. Lamborghini Huracan Super Trofeo Evo 2 View 11 Photos "With my group, I design the car, but I'm also here on the race track listening to the teams. When something is very good, or when something is very bad, I get immediate feedback. This is a very good part of my job," he said. Braking was one of the areas he wanted to improve.

Lamborghini teases something 'Reactive' for Geneva

Lamborghini is teasing a big reveal at the upcoming Geneva Motor Show on March 3, but the exact identity of the vehicle remains a mystery. However, Lambo is including a fairly obvious clue in its video that suggests one likely candidate. The Italian brand's clip shows off some rocky roadsides, a glimpse at the interior and a brake rotor. It also claims this is, "the most reactive car ever." The hint is hiding in plain sight with the slashing S that appears in each line of text. Lamborghini was seen filming the Aventador SV at the end of January along a road not unlike the one on display in this clip. It boasted a new front-end treatment and a massive rear diffuser and rear wing. Also, that S-shaped slash in the video is practically identical to the one the side of the car that was spotted. Power is almost certainly increased as well, but like the model's true identity, the brand isn't giving specifics yet. Of course, it's possible this clue could just be a red herring to throw off fans. Regardless, Lambo definitely has something exciting in store for the Swiss show. Related Video: