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Incredible $12 million Ferrari collection up for auction

Ferraris come up for auction all the time, but in Scottsdale next month Gooding & Company will be auctioning off an entire collection of Maranello's finest projected to fetch around $12 million. The collection belongs to one Tony Shooshani, described as "a widely published and renowned Ferrari collector." He's the proprietor of a 599XX Evo, a LaFerrari, and one of only six Pininfarina Sergio roadsters made. They'll remain in his collection, along with his prized 288 GTO and his thoroughbred Arabian stallion named Enzo. But he's liquidating some other notables from his garage, giving other collectors a chance to bring them home instead. This includes a trio of supercars. There's an Enzo tipped to fetch between $2.4 and 2.8 million, an F50 ($2.5-2.9m), and an F40 ($1.3-1.6m). The more classically inclined may be more enticed by the 1960s-era 250 GT Lusso ($2.2-2.5m), 250 GT Series II Cabriolet ($2-2.3m), and Dino 206 GT ($700-800k), and there's a pair of 80s models as well in a 512 BBi ($400-475k) and 328 GTS ($125-150k). The Berlinetta Boxer was Ferrari's first mid-engined twelve-cylinder supercar, and the 512 BBi was the ultimate incarnation thereof. It was never officially sold in the United States, but some still made it over here. This particular example was once owned by racing legend AJ Foyt. Those pre-sale estimates place the value of the collection altogether at $10.3 million on the low side, and as high as $13.5 million. That's a whole lot of cash, but there's a whole lot of machinery here – in both quantity and quality. So if you've had a good six or seven figures burning a hole in your proverbial pocket and have been looking for the right place to invest it, this could be your chance. Related Video: Gooding & Company is Thrilled to Announce The Tony Shooshani Collection to be Auctioned at the Scottsdale Auctions Headlining the historic collection, a trio of rare Ferrari supercars from an astute collector – the 1990 Ferrari F40, the 1995 Ferrari F50 and the 2003 Ferrari Enzo SANTA MONICA, Calif. (November 30, 2015) – Gooding & Company, the auction house acclaimed for selling the world's most significant and valuable collector cars, is pleased to announce an outstanding array of Ferraris at its annual two-day Scottsdale Auctions on January 29 and 30, 2016.

Ferrari 812 GTS is the droptop 812 Superfast we only dreamed of before

Ferrari just officially revealed the convertible version of the 812 Superfast, and it’s called the 812 GTS. Not Spider, or Aperta or anything in between, just GTS. Frankly, itÂ’s likely going to be even more enjoyable than the regular 812 Superfast on account of its open-air configuration. Ferrari alluded to the sound being downright glorious on a couple of occasions already. “The result is a full-bodied V12 sound in the cabin in all kinds of driving but which is particularly appreciable when the roof is open,” Ferrari says. “The electric rear screen, which acts as a wind-stop, makes the car truly usable with the top down, while, with the top up, it [the rear screen] can be left open to allow occupants to continue to luxuriate in the naturally-aspirated V12Â’s unique soundtrack.” Yeah, we sure would love to “luxuriate” in the noises that 6.5-liter V12 is making. Power isnÂ’t changed between the GTS and Superfast, so itÂ’s still making the same 789 horsepower and 530 pound-feet of torque. The 8,900 rpm redline is the real draw here, and we canÂ’t even begin to imagine how epic it sounds with the top down. Ferrari claims this amount of power makes the GTS the “most powerful production spider on the market.” Fantastico. As you stare at the car, itÂ’s pretty easy to tell what Ferrari did to turn this into a “convertible.” The roof is a power-operated hardtop, and there isnÂ’t a whole lot to it. That big panel behind your head with the twin flying buttresses opens up to allow the roof to sit under it all, leaving passengers with a relatively small opening above their heads. Still, thatÂ’s plenty of opening to let the wind mess up your hair and the exhaust note to more easily reach your ears. Ferrari says it had to redesign the rear of the car to make this work. From the windshield forward, itÂ’s basically an 812 Superfast, though. The buttresses set it apart from the Superfast the most, as the coupe just has a long, sloping glass rear. Ferrari also changed the rear diffuser design in order to compensate for the loss of downforce from the elimination of the rear wheel arch bypass duct.  The last major mechanical change Ferrari made for the GTS comes via the seven-speed dual-clutch transmission in the form of shorter ratios. What does all this mean for the performance? The 812 GTS will get to 62 mph in under 3 seconds and all the way to 124 mph in only 8.3 seconds. Its top speed is also exactly the same as the Superfast at 211 mph.

Race Recap: 2016 Austrian GP is mishaps from start to finish

At the 2015 US Formula 1 Grand Prix, rain mixed up the grid and a first-lap incident cast the die for the race. The Austin, Texas event made highlight reels for those reasons and because it decided the Driver's Championship. At the 2016 Austrian F1 Grand Prix, rain mixed up the grid and a last-lap incident cast the die for the race. The Spielbergring race will feature in this year's highlight reel because it might force Mercedes-AMG Petronas to make some hard decisions about the rest of the season. For the first time this season, Lewis Hamilton converted pole position into a lead through Turn 1, and began slowly pulling away from the field. Teammate Nico Rosberg started from sixth because of a gearbox penalty, but was up to third when he pitted on Lap 11. Mercedes normally pits the lead driver first, in this case being Hamilton, but Mercedes wanted to get Rosberg ahead of the two Ferraris. Hamilton pitted on Lap 22, emerging behind Rosberg because of a slow stop. Sebastian Vettel led the race for Ferrari on Lap 27 when his right rear tire exploded coming down the start-finish straight – an eerie reminder of the 2015 Belgian Grand Prix. The Safety Car rolled out, yet when racing resumed Rosberg stayed ahead. After the two Mercs came in for second stops everyone expected Hamilton to lead, but Hamilton had messed up his in-lap and lost a cumulative 3.3 seconds during his actual stops compared to Rosberg's pit-stop times. The Brit remained second. Hamilton chased his teammate for the final 15 laps. At the beginning of the last lap Rosberg messed up Turn 1 and Hamilton closed in. Rosberg took the inside line into Turn 2 as Hamilton pulled up on the outside, then Rosberg appeared to drive straight on as if he simply wasn't going to turn. Hamilton turned in, colliding with Rosberg and driving over the German's front wing. By the end of Turn 2, Hamilton had the lead and Rosberg had a broken car. The Brit won, the German puttered home to finish fourth. The incident promoted Max Verstappen to second and Kimi Raikkonen to third. Verstappen scored his second podium for Red Bull after his victory in Spain. Conversely, Raikkonen's third place for Ferrari was more gifted scraps for the scuderia. Daniel Ricciardo came fifth in the second Red Bull, Jenson Button delivered a terrific sixth for McLaren- Honda, Romain Grosjean got Haas back in the points, Carlos Sainz, Jr. secured eighth for Toro Rosso, and Valtteri Bottas in ninth for Williams.