Porsche to Acquire Volkswagen, Volkswagen to Acquire Porsche-Anyone Else Dizzy?

Volkswagen acquires Porsche in Tug O' WarFollowing 61 years, Ferdinand Porsche’s little sports car empire is rumored to be “merging” with VW.  As Daimler did with Chrysler, the merger will place VW with a firm hold over Porsche, which will remain headquartered in Stuttgart.  But wait, didn’t Porsche try to acquire VW?  Under the direction of former chief Wendelin Wideking, holding company Porsche SE acquired 51 percent of VW.  So who is holding the wheel here?

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What Not To Do When You Work For An Exotic Car Dealership

2008 Koenigsegg CCX CrashedIn what must have been a spur of the moment decision that became a career-ending move, an exotic car dealer in New York opted to take a customer’s 2008 Koenigsegg CCX for a joy ride.  Dustin Hoffman (Rainman) comes to mind-"I am an excellent driver", this guy-not so much.  The photo you see more than describes the end result.

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Still Hard To Swallow-$1.3 Million Dollar Bottle of Russo-Baltique Vodka

1 Million Dollar VodkaThis is definitely not a round you want to pick up the tab for-because a single solitary bottle of Russo-Baltique Vodka, yes vodka, has a staggering price tag of approximately $1.3 million smackaroos.  I know we covered this last year, but we are still astounded and felt a compulsion (and possibly revulsion) to revisit the subject. What can we say, money fascinates us.

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Hong Kong APARTMENT Sells for 57 Million-The Most Expensive Things

If you are among those who think the real estate bubble burst a while back, you may want to reconsider.  An apartment in Hong Kong has just sold for almost $57 million big ones, casting a limelight so bright the owner may have a sunburn from the glare.  The property is believed to be the most expensive property in Asia, by square foot.

Hong Kong Main Island According to AP, the apartment is a duplex suite, featuring five bedrooms, an aroma spa center, fitness room, outdoor yoga gym and grand harbor views.  The new homeowner will have bragging rights to the exclusive address, located in the hills of Hong Kong’s main island where the who’s who list begins.  The square footage is approximately 6,158-which translates to an astounding $9,200 per square foot of property.  Even the wealthiest of New Yorkers would stagger at that cost.

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Top 5 Luxury Convertibles over $200,000

Rolls-Royce Drophead Phantom CoupeThese are the top 5 droptop dreams over $200,000 that made our list:

•    Rolls Royce Drophead Coupe
•    Lamborghini LP640
•    Ferrari F430
•    Mercedes Benz SLR McLaren
•    Bentley GTC

 

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Super Yachts Inspired by Oceanic Creatures-Meet “Oculus”

In the world of super yachts, it is quite a feat to stand out among the millions, and that is dollars.  Yet the stunning and unique design of “Oculus”, a super yacht designed to resemble a sleek sea-creature, has managed to achieve just that.Oculus Super Yacht

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The 2009 Formula 1 Luxury Circuit-Yas Marina Nears Completion

Yas Marina CircuitNovember 1st 2009 cannot come sooner for racing fans, as the Formula 1 raceway circuit on Yas Island-Abu Dhabi nears completion just in time for the climax of the World Championship season.  Yas Island is just off the coast of Abu Dhabi, and Yas Marina Circuit is a short drive from the capital city of the UAE and international airport.

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Phil Hill’s $2M 1952 Jaguar C-Type

1952 Jaguar C-TypeLet’s forget for a moment that the front-end of this luxury Jaguar looks like it has been blown up like a piece of bubble-gum and appreciate how awesome the effect is.  It is truly unfortunate that this 1952 Jaguar is not made any longer; it is so classically gorgeous and was ahead of its time.

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Madoff’s Millions-Decisions Being Made on Estate

The master of manipulation, Bernie Madoff, is now behind bars.  This leaves many, namely his investment-fraud victims left to wonder what will be done with his millions in real estate, exotic cars, yachts and other luxury items-because money is sexy and when you add in scandal, well, you get the picture!

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