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$64M Ferrari 250 GTO could be a fake

Remember that Ferrari 250 GTO that we reported on last week, supposedly listed on mobile.de for $64 million? Well, don't go putting down your deposit just yet, because it might be a fake.
According to noted Ferrari expert Marcel Massini, the vehicle listed on the German used-car website is a replica. "I can tell you that with 100 percent certainty," Massini told CNBC. "I know where all of these cars are today. And this is not one of the original GTOs."
Of course "replica" is a relative term when it comes to 250 GTOs. Other authentic classic Ferraris are sometimes rebodied to look like a GTO, but while they're not real GTOs, they are real Ferraris. We reported on such an "Evocazione" example (pictured above) based on a '65 Ferrari 330 GT a few years ago, around the same time that Matt Farah came across one based on a 365 GTB/4 Daytona alongside a Ford GT as well.

Ferrari California T gets sharper edge with Handling Speciale package

It's been about two years since Ferrari updated the California to T-spec with a 3.9-liter, flat-plane crank, twin-turbocharged engine, and we found it to be a suitable change – rewarding to drive, and compelling to experience. Now Ferrari has introduced a new handling option, which will debut at the upcoming Geneva Motor Show in March, which should add a sharper edge to the roadster. Like most handling packages, the springs and dampers get the most attention. The magnetorheological dampers fitted to the conventional California T get changes that increase their response time to changing road conditions. As before, damper settings are controlled via the steering wheel manettino, and the most aggressive change is to be found in the Sport setting. The front springs are stiffer – 16 percent up front, 19 percent in the rear – which will aid body control in all axes. Ferrari claims that, overall, the setup only marginally reduces the ride comfort. It'll take driving a Handling Speciale-equipped car to find out. The changes go beyond just handling hardware. Shifts are faster in Sport mode, both in automatic and manual modes, thanks to recalibrated transmission logic. Ferrari's engineers also found some additional corner exit speed by tweaking the F1-Trac stability control system's programming. The company claims this tweak also helps with acceleration on bumpy surfaces. Cosmetically, the California Ts with the Handling Speciale package will feature a matte grille, a rear diffuser with matte-painted fences, and matte black tailpipes. A special-edition plaque, located in the cabin, is also standard, Finally, in a very Italian move, the exhaust note has been recalibrated "to underline the performance gains." That is to say, if you don't happen to have a skidpad handy to do a direct measurement of the increase in cornering capability – which, it should be noted, Ferrari doesn't quantify – the sportier sound will serve as a psychological reminder. There's no claim that the new exhaust system changes the engine's output – cars so equipped make the same 553 hp at 7500 RPM as the model we tested back in 2014. Look for the Handling Speciale package to debut at the Geneva Motor Show.

Vettel sticks with Ferrari for three more years in 'a no-brainer' move

SPA-FRANCORCHAMPS, Belgium (Reuters) - Sebastian Vettel ended speculation about his immediate Formula One future by signing a three-year contract extension with Ferrari on Saturday. The Italian team, the sport's most successful and glamorous, said the new deal covered the 2018, 2019 and 2020 seasons but gave no further details in a statement of just 30 words. There will be inevitable questions about possible release clauses, not to mention speculation about how many tens of millions of dollars the 30-year-old German will be earning over the period. But the news, at the Belgian Grand Prix and a week before his team's home Italian race at Monza, will allow Ferrari to concentrate on fighting for the championship without distraction. "I love this team. I love the people who are working for this brand," Vettel told reporters later. "Ferrari has something unique, something that other teams don't have. People talk about a legend. To me it appears that this legend is still alive because of the people who work for it, day in, day out. "In a way, it was a no-brainer to continue. We haven't yet achieved what we wanted to achieve but things are looking pretty good, and obviously we have a long road ahead of us," he added. The four-times champion, who joined Ferrari from Red Bull in 2015, is 14 points clear of Mercedes rival Lewis Hamilton in the current standings with nine races remaining. The German had been out of contract at the end of this season and there had been speculation about a possible switch to Mercedes -- a move that would have sent a tremor through the paddock. Hamilton, a triple world champion who has one more year left on his Mercedes contract, laughed off that possibility earlier in the week when he told reporters that his rival did not want to be his team mate. Niki Lauda, the Mercedes non-executive chairman, told Sky Sports that there had been talks with Vettel but team principal Toto Wolff said that was not the case. Vettel's Finnish team mate, Kimi Raikkonen, the 2007 world champion, has already agreed a contract extension for 2018, keeping Ferrari's line-up unchanged for next year. Raikkonen, 37, and Vettel get on well, with the Finn playing the role of loyal sidekick to the team's main championship contender. Mercedes are now likely to retain Finland's Valtteri Bottas, who joined in January from Williams as a replacement for now-retired 2016 champion Nico Rosberg on a one-year deal with options.