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$8.8m '58 Ferrari 250 GT California Spider highlights RM's Arizona auction

All manner of vehicles change hands at the annual auction extravaganza in Arizona, but never has one sold for as much as the Ferrari you see here. The car in question is an (obviously) eminently desirable 1958 Ferrari 250 GT LWB California Spider, one of only 50 ever made and purring onto the stage in flawless red over black livery with matching numbers of the coveted covered headlights straight from the factory.
When we reported on the car's consignment in anticipation of this weekend's sale, it was expected to bring in between $7 and 9 million - and it's done just that, coming in near the top of its valuation with a winning bid of $8.8 million. That makes for a lot of zeros, but while it set a new record for the Arizona auctions, it hardly makes it the most expensive in the world. That honor still belongs to the Mercedes-Benz W196 that sold last summer for nearly $30 million. Nor is it the most expensive Ferrari ever sold at auction, an honor which still belongs to the 250 Testa Rossa that sold for over $16 million in 2011. Heck, it's not even the most expensive 250 California ever sold, coming in behind the SWB example that sold for nearly $11 million in 2008. All of which only goes to show just how insane the collector classic car market has grown in recent years.
The California was undeniably the highlight of RM's two-day sale, but was joined by several other seven-dollar lots, including a 1961 Porsche 718 ($2.75 million), a Ferrari 250 GT Lusso ($2.44 million), a Duesenberg Model J convertible ($2.2 million) and several other million-dollar Ferraris, Mercedes and a '35 Hispano-Suiza. A 1961 Chaparral 1 failed to reach its reserve price despite a high bid of $1.75 million, neither did a 1966 Porsche 906 Carrera 6 at $1.18 million or a Ferrari 275 GTB/4 at $2.85 million. RM Auctions did, however, manage to sell 85 percent of those lots consigned to bring in a massive two-day total of $45.56 million in sales, details of which you can read in the press release below.

GMC Hummer EV SUV first drive, RIP Camaro, Ferrari Roma Spider | Autoblog Podcast # 773

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by News Editor Joel Stocksdale. They start off with one of the week's biggest official news items — the impending death of the sixth-gen Chevrolet Camaro. On the subject of powerful American cars, they pivot to a teaser from Stellantis execs that there are big things ahead for its Dodge Charger SRT Daytona Banshee concept. From there, they look at Ferrari's new topless Roma and then get into Ford's multi-billion-dollar electric vehicle pivot. Speaking of expensive EVs, Joel just got back from driving the new GMC Hummer SUV. He also had the new F-150 Lightning Pro in his driveway, and that's followed by Greg's update on Autoblog's long-term Toyota Sienna.  Autoblog Podcast # 773 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown News Chevrolet Camaro production will officially end after 2024 model year Dodge CEO teases more to come from Charger SRT Daytona Banshee Ferrari Roma Spider returns a front-engined soft top to the lineup Ford Model e losing billions as it says EV unit should be seen as startup What we're driving Ford F-150 Lightning Pro 2024 GMC Hummer EV SUV 2023 Toyota Sienna Platinum AWD Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video: How to activate Crab Walk on the GMC Hummer EV

Living up to its name | 2018 Ferrari 812 Superfast First Drive

What's in a name? In the case of the Ferrari 812 Superfast, a numerical reference to its 800-(metric) horsepower, 12-cylinder engine and a not-so-subtle hint at its capability for extreme rates of travel. Only Ferrari, notorious for joyously naming its flagship "LaFerrari," could get away with the moniker. But once you get past the super-obvious nomenclature, it becomes hard to argue with this on-the-nose model name. If you're lucky enough to have sampled the standard F12 and one of the 799 F12 TDFs offered to Ferrari's most loyal clients, you've got a pretty good idea of the 812 Superfast's personality, which involves a blend of the TDF's edginess and the F12's comfort and usability. Even within the rarified world of supercars, the 812's athleticism is impressive despite its veil of approachability. More power, to the tune of 789 horsepower (versus the TDF's 769) combined with weight loss of 132 pounds make it the highest-performance standard production model Ferrari in history. (For reference, the TDF trims an even more impressive 242 pounds, ditching niceties like sound insulation.) Along with mechanical and aerodynamic improvements, the elevated power-to-weight ratio enables it to hit 60 mph in 2.8 seconds and reach a top speed of 211 mph. The main attraction is, of course, the 6.5-liter V12, which boasts 75 percent new parts and undergoes a series of mods to raise its output while (thankfully) retaining its naturally aspirated soul. A stroked version of the F12's 6.3-liter mill, the V12 features new pistons, new con-rods, a reinforced crankcase, and a trick new direct-fuel-injection system that runs at a staggering 5,076 psi. The system is capable of changing the shape of fuel droplets as they're injected into the combustion chamber, adjusting for around-town drivability or balls-to-the-wall performance. A revised air intake system incorporates a new plenum and bigger air inlet with wider throttle valves for better breathing. Silver lining: CO2 emissions have been reduced thanks to the new injection system and reduced friction from new 5W50 engine oil. Each of the seven-speed dual-clutch transmission's gears has been shortened, which has the virtual effect of producing an extra 50 horsepower – as if the mighty V12 was wanting for oomph. Upshifts can now happen 30 percent quicker, and the engine's ability to rev-match for downshifts occurs 40 percent faster.