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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.

Ferrari 458 Speciale is our Frankfurt fantasy [w/video]

This is the Ferrari 458 Speciale, and while its name might underwhelm, its performance and lineage more than make up for it. The successor to the proud line of hot, higher-performance, mid-engined Ferraris like the 360 Challenge Stradale and 430 Scuderia, the 458 Speciale is blessed with a 596-horsepower, 4.5-liter V8 and the ability to skip to 62 miles per hour in three seconds. It also comes with a not-so-subtle racing stripe, which we like.
Thanks to a scarcely believable curb weight of 2,844 pounds, special Michelin Pilot Sport cup 2 tires, and a few tweaks to the electronic diff, the Speciale is quite a dancer as well. Naturally, Ferrari is showing off the newest member of the scuderia at Frankfurt, and we made it a priority to see it in person. We've got a full gallery of live images above, a video and stock photography from Ferrari down below, and our original coverage of the car, from August, right here.

Ferrari teases more specs on its Enzo successor

On its web site, Ferrari has divulged a little more info about the supercar that will succeed the Ferrari Enzo. The Ferrari magazine reported that everything the Scuderia has learned in Formula One has gone into its soon-to-be-revealed animal, and this latest disclosure shows just how much that's true. We don't know its length or width, but Ferrari says one of the targets for the car was "a reduction in height and wheelbase to match that of the 458 Italia."
Rory Byrne, the Ferrari F1 designer that's been involved in 11 world championships for the team, has spent three years contributing to chassis development. That chassis will be laid up by hand in the company's F1 composites department, each chassis composed of different kinds of carbon fiber and cured in an autoclave, F1 monocoque-style. That's part of where the lighter weight and vastly heightened torsional and beam rigidity versus the Enzo comes from. Just behind the tub - and behind the driver's back - will be the batteries and fuel tank, again, just as on an F1 car.
The cockpit will be personalized to the driver in a way that is rare among road cars, with each seat made-to-measure for the driver and then set in a fixed position in the cabin. The steering wheel and pedal box will move to accommodate pilots. What's more, we're told that "the occupant's feet are at the same level as the driving position." That, and the angle of the seatback, will provide "an extraordinarily racy feeling."