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Ferrari names new F1 car F138

Don't call it the F150. Ferrari has officially announced it will name its newest Formula One car the F138. The machine is the 59th car Ferrari has built to compete in F1, and it's also the last of the company's F1 efforts to rely on a high-strung V8 for propulsion. F1 rules have changed for next year, forcing competitors to use smaller cylinder counts to get around the track. Ferrari has already said it will use a 1.6-liter turbocharged V6 to do its dirty work. That moves brings an end to the eight-year reign the V8 enjoyed.
Ferrari isn't saying much more about the 2013 car, and the only image we have to go on at the moment is the logo you see above. Stay tuned for more information, and in the interim, be sure to check out the painfully brief press release below.

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.

F1 2013 Classic Edition to make Lauda's 1976 Ferrari playable

We'll cop to the fact that we might be a bit overly excited about the upcoming F1 2013 video game, specifically the Classic Edition. Codemasters has released umpteen trailers for the title already, mostly pretty cool ones, with cars lapping classic Formula One tracks that are set to be included in the fun.
With that said, this very latest historic addition to F1 2013 is pretty worthwhile, we think. Doing a kind of double promotion with Ron Howard's upcoming film Rush (which you all know by know to be the story of Niki Lauda, James Hunt and the chase for the 1976 F1 Championship), Codemasters is making the 1976 Ferrari 312 T2 a playable car in its new game. That's right, you can now walk in Lauda's racing boots, without all the painful crashing and superhuman recovery bother. Watch the video trailer below.