A 1963 Ferrari 250 GTO has claimed the title of world's most expensive car, selling privately for $53 million. That's about $18 million more than the last car to hold the title--which was another Ferrari 250 GTO.

A Tesla Model S caught fire after an accident this week, and most of the media has blown the issue way out of proportion. We take the time to break it down and explain why it doesn't matter, and why you shouldn't be concerned.

Do you want to show that significant other in your life that you really, truly care about them? Then do what this guy did and buy them a 2014 Chevy Corvette Stingray. If it doesn't work out, at least you'll still have the Stingray.

You'll find all of this and more in today's car news headlines from around the High Gear Media network, right here at Motor Authority.

1963 Ferrari 250 GTO Once Again World's Most Expensive At $52 Million

Surprise, Cars Sometimes Catch Fire When Crashed! Why Everyone Needs To Take A Breath On Tesla

How To Buy Everlasting Love: Get Her A 2014 Corvette Stingray

McLaren 12C GT Sprint Track Special Priced From $315k

30 Days Of The Mercedes-Benz CLA: The Car Connection Goes In-Depth

Radical RXC Is A Practical, Everyday Car: Video

First Tesla Model S Fire Caused By Collision With Road Debris

FINAL UPDATE: Plug-In Electric Car Sales For Sept: Sales Slacken After Aug Record

55% Of Boomers Worry About Parents' Driving, Only 23% Are Talking About It

Tesla Model S Catches Fire: Is This Tesla's 'Toyota' Moment?