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1959 Ferrari 250 GT California sells for nearly $18M, exceeding expectations

RM Sotheby's just wrapped up its auction in New York, where it sold off a pair of gorgeous silver roadsters, with one of them selling for the incredible price of $17.99 million. That car was a 1959 Ferrari 250 GT LWB California that we covered previously, and Sotheby's was only expecting it to go for between $14 million and $17 million. Apparently someone felt the car's rare aluminum construction and racing history was worth the extra cash. View 11 Photos The other roadster went for considerably less money but was notable because of its previous owner, late Apple CEO Steve Jobs. The car is a 2000 BMW Z8 that the tech mogul had for around three years. The final sale price only met expectations, though, at $329,500. The original auction estimate was between $300,000 and $400,000. Related Video: Featured Gallery 1959 Ferrari 250 GT LWB California Spider Competizione by Scaglietti View 30 Photos Image Credit: Diana Varga courtesy of RM Sotheby's, RM Sotheby's Celebrities BMW Ferrari Auctions Convertible Racing Vehicles Performance Classics bmw z8 ferrari 250 gt california

Ferrari to reveal exclusive F12 NART next month in LA

While denying his tenure was coming to an end just prior to his resignation last week, outgoing Ferrari chairman Luca di Montezemolo hinted at two new models to be revealed next month. One we anticipate to be a new version of the 458 - either the new turbocharged M model or the limited-edition Scuderia Spider - to be revealed at the Paris Motor Show on October 2, and the other we knew would be a strictly limited special exclusive to North America. And now we appear to have an idea of what that model will be.
According to Automotive News, we'll likely be looking at a version of the F12 Berlinetta decked out with the blue and white stripes pioneered by the North American Racing Team (NART) and most recently applied to the 458 Speciale. The special model is also likely to get custom bodywork and a revised interior - similar to what Ferrari Special Projects does for individual customers, but produced in a limited run of 10 examples.
All 10 of those are likely to already have been spoken for, with a price tag tipped to exceed $3 million apiece. The model will be revealed on October 12 at a special event in Los Angeles marking 60 years of Ferrari in America which will likely be Montezemolo's last event as chairman before handing over control to Sergio Marchionne and collecting his eight-figure severance package.

Valet gives Ferrari 458 keys to wrong Florida man

A Florida man is suing a resort and valet company after a valet attendant gave the keys to his yellow 2014 Ferrari 458 Spider to the wrong man, who then took it on a joyride in what police believe was an attempt to impress a woman. Because of course it was. The mishap dates back to July 2017 at the Vinoy Renaissance St. Petersburg Resort & Golf Club. According to the Tampa Bay Times, the valet attendant told police things got very busy, and that at some point, a man, identified as Levi Miles, then 28, asked for keys to the Ferrari. He was accompanied by a woman, identified as Chloe Rimmer, 24. In the police report, the man "seemed to be impatient" and was "demanding," the Times reports. He told the valet the ticket was inside the car and that he would bring it back. Instead, the valet told police the two sat in the Ferrari for "quite a while." Figuring he wasn't getting a tip, he stopped paying attention, and the couple eventually drove off. Police soon pulled them over as they prepared to get on a freeway ramp because the taillights weren't working. Police also said the driver appeared to be having "difficulty" driving the car. So basically, had he known how to turn on the lights and was capable of driving the thing (admittedly, Ferraris can be tricky), this plan totally would've worked. For a bit longer at least. Then again, the police also found about 2 grams of cocaine on the center console so that might've had something to do with the driveability issues. Police eventually arrested Miles and Rimmer. He had told the officer he was a Marine driving his father's car. He denied knowing about the drugs. He reportedly acknowledged trying to distract the valet attendant from demanding the valet ticket and said he knew the car wasn't his. "Miles stated the vehicle and keys were given to him by (the) valet," the report reads, "so technically he did not steal the vehicle." Miles faces charges of grand theft of more than $100,000, possession of cocaine and habitually driving with a suspended or revoked license. Rimmer was charged with possession of marijuana after police found a gram of it in her purse.