The extravagant  MINI Goodwood sports an  exorbitant price tag and is now on display at Harrods in London.

London’s world famous department store will have a MINI Goodwood on display from April 8 to April 22, celebrating the delivery of the first customer cars. Co-developed by the infamous  Rolls-Royce design team, the car features luxurious amenities that would normally be seen in a Rolls-Royce.

Mr. Kaves, who is known for his free-hand style spray paint designs was given a brand new XKR as his blank canvas. The end result is a  Jaguar unlike anything you’ve seen before.

On hand at the unveiling was the man who designed the XKR, Ian Callum, who praised Mr. Kaves for his art work. This might just be a publicity stunt, but it will surely attract an audience that normally would not spend time admiring a Jaguar.

While this might be the latest art car, it is not the first. BMW has had art cars since the 1970’s; and a few years ago, Infiniti presented their G37 coupe art car, which was later sold at an auction for $55,000 (proceeds from which went to ONE DROP, a charity founded by Cirque du Soleil founder Guy Laliberte).

To get a glimpse of how the Jaguar art car was created, check out the video below.

RM Auctions will have a 2007 Peugeot 908 Le Mans race car up for auction on May 12 with an estimated selling price between $1.9 million and $2.4 million.

The Gulf Team Davidoff McLaren F1 GTR Longtail will be sold at the upcoming Pebble Beach Auction from August 16 through 17 at Quail Lodge in Carmel Valley, Calif.

When the 1973 Volkswagen Beetle first came out, it was powered by a 1.3L air-cooled engine with a mere 44-hp. Considering there are over 70 cars that make 500-hp or more, the stock Beetle powerplant just doesn’t cut it these days.

Jon Olsson’s garage is is certifiably badass. His Rebellion R1k Ultima GTR is one of the world’s best-looking machines, while earlier this year Olsson proved his Lamborghini Gallardo could go anywhere and do anything he wanted it to.

A sharp contrast to Mansory’s style of tuning, Romeo Ferraris introduced a new tuning program for the Ferrari 599 GTO which focuses on subtle and functional modifications.

While the more obvious main attraction of the St. Petersburg Festivals of Speed is the collection of exotic cars, ranging from Lamborghini Aventadors to McLaren MP4-12Cs, a long list of modified cars makes a show like this full of surprises.

Earlier this month we caught a glimpse into the new GT3 MP4-12C race car from McLaren and the British automaker has finally announced its 2012 race plans.

In total, 25 MP4-12C GT3 race cars in total will be campaigned throughout Europe and in the 2012 FIA GT1 World Championship. The McLaren MP4-12C race car was also selected to be the safety car for FIA GT1 World Championship race at Nogaro on April 8 and 9.

After an intensive development program in 2011, prototype models of the MP4-12C race car covered more than 35,000 miles on real world and simulated test tracks last year. All that effort went into building a reliable and hopefully rewarding race car for the 2012 season.

There will be 10 MP4-12C GT3s entering the Blancpain Endurance Series while Gemballa Racing and Doerr Motorsport will be competing in the German VLN series, which includes the infamous 24 Hours of Nürburgring. Gemballa Racing will also be competing in ADAC GT Masters with Molitor Racing, while Hexis Racing will take part in the FIA GT1 World Championships.

Apex Motorsport will enter an MP4-12C GT3 in select rounds of this year’s British GT Championship, and Lapidus Racing Team will participate in the International GT Open series and the 24-hour races at Spa-Francorchamps in Belgium and Circuit de Catalunya in Spain.

The MP4-12C GT3 race car shares the same V8 twin-turbo engine and carbon “MonoCell” chassis found in the road car counterpart.

Check out a video on the McLaren MP4-12C GT3 after the break.

Especially good at making the rich part with extra money is the German tuner Mansory, which has modified just about every exotic car in the market, including the Bugatti Veyron. However, some of their work has been a bit tasteless and gaudy.

From standard Phantoms, to Extended Wheelbase models, Coupes, and Drophead Coupes, the wide ranging variety of custom tuned Rolls-Royce cars on display is surely a rare sight to behold. Check out the videos from the event below.

James Glickenhaus captured our attention with his extravagant Ferrari P4/5 race car and is now offering enthusiasts a chance to experience it first hand.

Offering the mighty 6.3-liter V8 AMG engine in almost every model in its current line-up, Mercedes-Benz is a master of creating powerful machines cloaked in rather inconspicuous exteriors.

Audi Motorsport has revealed the designs for its eight A5 DTM race cars scheduled to compete at the Hockenheimring season opener on April 29th.

The Fiat 500 Abarth Venom is the culmination of American and Italian minds working together. Mopar partnered up with Italian parts manufacturer Magneti Marelli to create the Venom variant of the Fiat 500 Abarth model.

The demo vehicle was debuted out in Las Vegas and even had a surprise visit by supermodel Catrinel Menghia that has made her claim to fame in the popular Abarth ads. Between Mopar and Magneti Marelli, the Fiat 500 Abarth Venom features carbon fiber goods for the body – including hood and side mirror housings – that in total drop 200 lbs from the vehicle’s weight. The roof also gets a large scorpion graphic.

Horsepower from the 1.4-liter turbocharged engine gets bumped up by as much as 40-hp (from the stock 160-hp) thanks to a retuned ECU and exhaust system.

Other options include Magneti Marelli 17-inch wheels in black, seats, and upgraded interior trim.

While the Fiat 500 Abarth Venom won’t make its way to America as a complete vehicle, Fiat tuning shops in America are already finding a way to import the parts so that you can build your own. Expect to pay a premium though, Magneti Marelli goods are expensive.

Watch the video – featuring the beautiful Catrinel Menghia – after the break.

Hyundai is rolling out a new advertising campaign with a twist: the host of the commercials is trying to hypnotize you, right through the computer screen.

These ads are for the Hyundai i30, or as we know it in America, the Elantra. They feature professional hypnotist Peter Powers, who does his best to hypnotize any consumers daring to watch the video. The video features a disclaimer that assures you “Peter Powers has performed the hypnosis with suggestions of a positive and fun nature, a formal procedure for the removal of hypnosis and with no instructions to perform unlawful, negative or unseemly behavior.”

Powers’ sow, calm voice tells us to fall in love with the i30 and that the headlights look like eagle eyes and the tail lights are just like the wind. It is clearly a little bit sensationalized for entertainment, but Hyundai is probably counting on some weak willed people to be enthralled by Peter Powers spell and run out and buy a new i30.

You can see for yourself whether or not the hypnotization works on you by clicking here.

Watch the video below for a preview of exactly how powerful hypnotization can be.

Heading to the Palm Beach Barrett-Jackson auction is this 2004 custom Renntech Mercedes-Benz SL600 with a seriously flashy chrome coating. The “Chrome Edition” SL600 with a modified 6.0L V12 is the only example produced by Mercedes tuner Renntech.

No surprises here, as FAB Design has released photos of its custom Mercedes-Benz SLS AMG Roadster and it’s pretty much everything we expected: hideous. 

The future of Swedish automaker Saab is still up in the air, but that hasn’t dampened the spirits of Saab enthusiasts that still love their cars. Flash Engineering has just unveiled the 9-3 TTA race car that will compete in the Swedish Racing Elite League this year.

Last month, we reported that an impressive Porsche collection from the Drendel Family was heading to Amelia Island for auctioning. At the time, we knew the impressive collection was destined to fetch a good amount, but we don’t think anyone estimated these sale numbers.