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Last Ferrari 275 GTS/4 NART Spider could top $26m at auction

One of the prettiest convertible Ferraris built, the NART Spider is also one of the rarest – only ten cars ever left the factory. This specific car was the last off the line, and has the additional distinction of being the only NART Spider sold new in Europe. It was also the only one painted in the Grigio Scuro shade of medium grey from factory. It has been redone in a tasteful red, which is an interesting change from the usual bright Ferrari color. It is also the third-to-last Ferrari 275 to be built altogether. The NART name stands for North American Racing Team, and the drop-top production run is credited to the U.S. Ferrari distributor Luigi Chinetti, who wanted to boost the 275 model's sales with a limited edition convertible model. Originally, Ferrari planned to build 25 cars, but despite the racing pedigree only ten found owners. The first NART Spider finished second in class at the 1967 12 Hours of Sebring, and the model also has some Steve McQueen cool about it due to a starring role in The Thomas Crown Affair. This car, chassis #11057, was sold new in Madrid to a Spanish Foreign Legion colonel, and spent its first 14 years in Spain. In the early 1980s it was bought by a Swiss collector, who had it restored for the first time, and in the mid-90s it moved to the UK. The current paint scheme dates back to 2001, while the interior's beige leather re-trim is from 2009. Despite a gradual change in appearance, it is a fully numbers-matching car that still retains the 300-horsepower Colombo V12 it received at the Maranello factory. A similar NART Spider was auctioned at RM Auctions' Monterey event in 2013, for a staggering $27.5 million. That specific example, finished in a brighter hue was estimated at 17 million tops, so it will be interesting to see whether this darker car will surpass its estimate at the auction held on May 14th. Related Video: Featured Gallery RM Sotheby's 1968 Ferrari 275 NART Spider View 16 Photos Image Credit: RM Sotheby's Auto News Ferrari Auctions Convertible Classics Steve McQueen RM Sotheby's ferrari 275

Why this 1964 Ferrari 250 GTO will sell for at least $45 million

A 1962 Ferrari 250 GTO by Scaglietti will be up for auction by RM Sotheby's in Monterey next month. Actually, perhaps "the" 1962 Ferrari 250 GTO would be more appropriate, because the list of its accomplishments, claims to fame and reasons for being extremely expensive are probably more than the rest. And by "rest," we mean 36. And by "extremely expensive" we mean an expected sale price of between $45 million and $60 million. View 47 Photos If you want to read in vivid detail about the car in question, RM Sotheby's provides a lengthy tale of "the world's most important, desirable, and legendary motor car." Trying to regurgitate it here really wouldn't do it justice. Instead, here are some of the bullet points. No. 3 of 36 Ferrari GTOs built. Known as 3413. Considered by experts to be one of the most authentic and original of those 36, all of which survive One of only 4 of those 36 to receive upgraded at the time with Series II GTO/64 body work by Scaglietti. It is more aggressive in appearance, more aerodynamic and many say attractive Won the 1962 Italian GT Championship First in class at the 1963 Targa Florio in its original body work First in class at the 1964 Targa Florio in the Series II body work you see today, as detailed in the Sotheby's story Won its class in the 1964 Targa Florio, helping Ferrari win the 1964 International Championship for GT Manufacturers More than 15 class and overall wins from 1962 to 1965 Last purchased in 2000 for $7 million – There's a reason German banks are suggesting adding a classic car to your investment mix. 3413 has actually been driven during that time, making appearances at countless classic events and vintage races Purchase includes exclusive access to some of the world's most prestigious events and rallies, including the GTO club and tours – Value! Currently fitted with a 250 GT engine block built to GTO specification to allow the car to be driven to those countless classic events and vintages races – The original block has been removed for preservation and comes with the car. This Ferrari's expected price of between $45 million and $60 million would make it the most valuable car ever put up for auction. A 1963 250 GTO sold for $70 million in a private sale. Another sold at auction in 2013 for $52 million, so the upper level of 3413's sale estimate definitely seems feasible. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

If you need a carbon-fiber-bodied Ferrari F12, meet the Caballeria

Customizing a Ferrari, or any exotic for that matter, is a tricky process. Extreme looks and performance mean tuners and designers can't push the envelope much further without getting into tacky territory. But Spanish designers Bengala have toed the line with the new F12 Caballeria. Based on the F12berlinetta, obviously, Bengala claims the Caballeria draws inspiration from Ferrari's GT3 racers. We don't see it, but sure. The all-carbon-fiber body includes numerous smaller tweaks – check out the vents behind the doors and the new hood, for example – on top of much more drastic changes. The restyled fascia, larger intake, carbon-fiber splitter, and massive rear diffuser are the most obvious callbacks to Ferrari's road-going racers, while it looks like Bengala plucked certain new elements, like the three louver-style vents on top of the front fenders, from other Ferrari production cars. Those are the rear fender vents of the F12 TdF, for example. Bengala also swapped out the wheels for an Alpina-like fan-blade design. If you have money burning a hole in your pocket and dig the Caballeria's style, it might not look like a bad purchase. But be warned, unlike some other noted Ferrari modifiers, it doesn't sound like Bengala made any changes to the F12's 6.3-liter V12 engine. The company's press release didn't call out any mechanical changes, although that means there's still 730 ponies on tap – it's probably not a deal breaker. Like most of its projects, Bengala will only build 10 F12 Caballerias. It expects to wrap up production by the end of summer 2017. Related Video: