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Ferrari California replica from Ferris Bueller is so choice

We like car auctions well enough, but often the high-end affairs are a bit too much like outdoor museums - very beautiful and very cold, and you're not allowed to touch anything. A perfect case in point is the upcoming Mecum auction during the 2013 Pebble Beach weekend, which will feature the legendary replica Ferrari 250 GT California Spyder used in none other than Ferris Bueller's Day Off. Only three were made. The current owner spent ten years restoring this car. It is his love, it is his passion. (Well, it was before he decided to auction it, anyway.)
Actually built by Modena Design and Development in El Cajon, CA, the official name of the stunning replica is Modena Spyder California. Built up on a tube frame, with a meticulously maintained interior and powered by a 500-horsepower small block V8 the car is so choice. If you have the means, we highly recommend picking one up.
Mecum hasn't suggested a predicted auction price for the Hollywood relic as of yet, but with the perfect pedigree to pull Gen X heartstrings, and the proliferation of stupid-wealthy fourtysomethings in and around northern California, we wouldn't be surprised to see a decent value. Just don't wait on it, life moves pretty fast around Pebble Beach. If you'd like to read a full description of the car with fewer script-quotes, look, it's real simple, scroll down.

Christopher Ward chrono has actual metal from a Ferrari 250 GTO

We've seen watchmakers use all sorts of methods to make their timepieces more attractive to automotive enthusiasts, from carbon-fiber dials and titanium cases to the logos of partnering automakers and racing series. Some have even designed all-new watches to go with a specific make or model. But Christopher Ward has taken things a step further with its latest chronograph.
The new Christopher Ward C70 3527 GT chronometer eschews all the usual gimmicks and goes for a more interesting one: it actually includes in its construction metal taken from the restoration of a Ferrari 250 GTO - namely chassis number 3527 GT that belongs to one Irvine Laidlaw, a Scottish nobleman and one of the wealthiest individuals in the UK.
When Baron Laidlaw bought his GTO in 2005, he sent it in for a thorough restoration that involved replacing some corroded and damaged exterior body panels. The discarded metal was acquired by TMB Artmetal, which specializes in that sort of thing, and partnered with Christopher Ward to create this limited-edition timepiece. The metal was used to make the back plate on which the number 6 - in homage to 3527's iconic 6 GTO license plate - is etched by laser and placed under museum-grade sapphire crystal.

Ferrari 250 GTO may have set new sale record at $52M

Records are made to be broken, and it seems that one may have just been snapped again. An Italian website is reporting that a Ferrari 250 GTO, owned by American collector Paul Pappalardo, recently sold for $52 million.
Now, this is far from confirmed - Pappalardo responded to questions about the sale saying, "I do not confirm these things, I have no comment about!" - and if it's a private sale, it's unlikely that we'll ever know the exact amount of the transaction. If that figure is correct, though, it easily eclipses the $35 million made in a 250 GTO sale in April of 2012, as well as the $27.5-million sale of a 1967 Ferrari 275 GTB/4 NART Spider sold at RM's Monterey auctions in August.
What makes a car that had 39 examples built more valuable than one that had only 10 units produced? Racing pedigree. The 250 GTO is a racing legend, with each car having a unique provenance that is more than enough to add some serious value. According to 0-100.it, the GTO in question, 5111GT, found its first owner in French racer and winner of the 1964 24 Hours of Le Mans, Jean Guichet, back in 1963. The Frenchman used the V12-powered racer to win the GT category of the Tour de France Automobile in that same year.