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Glickenhaus' FIA championship-winning P4/5 Competizione comes home [w/video]

The sexy Ferrari P4/5 Competizione, a cross between the lightweight F430 Scuderia and the race-only F430 GT2 with special Pininfarina bodywork, spent some time in Europe notching a few race victories. But it finally has made its way back to the US and into owner Jim Glickenhaus' collection, where it met its sister car and inspiration, the original P4/5.
During its short-but-sweet two-year racing campaign, it competed in just two races but left a big impact. We'd call any lap of the Nürburgring that's under seven minutes a victory, but, with the help of a hybrid drivetrain, the P4/5C qualified for the 2012 Nürburgring 24 Hours with a lap of 6:51. That's faster than any Ferrari-powered vehicle has ever gone around the 'Ring. The car then went on to win the EXP-1 class (for experimental vehicles), for a World Championship, and finished the race 12th overall in a field of 170 cars. Not bad at all.
For those who haven't kept up on the P4/5C, the hybrid powertrain was introduced to the one-off racecar for 2012 after it had attempted the Nürburgring 24 Hours in 2011 with negligible results. A Ferrari 4.0-liter V8 was joined by a Formula One-style Kinetic Energy Recovery System (KERS), good for a combined 563 horsepower.

Autoblog Podcast #397

Episode #397 of the Autoblog Podcast is here, and this week, Dan Roth, Steven Ewing, and Seyth Miersma talk about the leadership change at Ferrari, the Mercedes-AMG GT, and we give a report on the Long-Term Garage. We start with what's in the garage and finish up with some of your questions, and for those of you who hung with us live on our UStream channel, thanks for taking the time. Check out the rundown below with times for topics, and you can follow along down below with our Q&A. Thanks for listening!
Autoblog Podcast #397:
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Ferrari 250 GTO could fetch as much as $75 million at auction

Last month we reported on a Ferrari 250 GTO heading for the auction block at Pebble Beach. We knew at the time it would break records and bring in tens of millions of dollars. But now that the gavel is about to drop, it looks like even our projections could fall short.
According to a report on Bloomberg, citing the classic car authorities at Hagerty Insurance, the GTO in question (pictured above) could fetch upwards of $60 million and as much as $75 million when the auction takes place two days from now in Monterey, CA.
Hagerty's reported estimate would not only blow the previous records out of the water, but would eclipse the pre-sale estimate attributed to Bonhams, the auction house handling its sale, which placed its value between $30 million and $40 million.