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1962 Ferrari 250 GTO Sells For $38 Million At Auction

A 1962 Ferrari 250 GTO became the most expensive car ever sold during an automotive auction Thursday night when a buyer paid $38 million for the vehicle at a Bonhams event. Only 39 of the racers were ever built, and it is a favorite among collectors. One reportedly sold for $52 million in a private sale. If true, it would be the most expensive car ever purchased. Another Ferrari GTO built for legendary racecar driver Stirling Moss sold for $35 million in 2012. Thursday's sale broke the auction record set at a Goodwood auction last year of a Mercedes W196R that was driven by Juan Manuel Fangio to wins in the 1954 German and Swiss Grand Prix races by $8 million. Pretty good for a car that went to the auction block with no reserve, meaning there was no minimum price set for the sale of the car, though bidding started at $11 million, according to the Los Angeles Times. The Ferrari 250 GTO was the star of the show, but it wasn't the only rare Ferrari on the auction block. Bonhams brought ten of the most collectable Ferraris in the world on stage, including a 1962 250 GT Short-Wheelbase Speciale Aerodinamica that went for $6.875 million, a 1953 250 Mille Miglia Berlinetta driven to racing victory by Phil Hill for $7.26 million and even a 1978 312 T3 Formula One car for $2.31 million. All told, the Ferraris sold for $65.945 million, according to Autoblog.

Harry Metcalfe drives his Ferrari Testarossa in the Sahara

Take a moment to conjure some worthy answers to this question: "What can I do in a [Ferrari] Testarossa that's a really good road journey?" Then imagine yourself saying, "Tomorrow we're off to the Sahara in my Testarossa." If you were Evo magazine impresario Harry Metcalfe, those would be the kinds of Q&A sessions you'd have with yourself, and thankfully he's put the question and the answer in a fantastic 29-minute video. That answer was 2,500-mile journey out of London, on boat from Portsmouth, England, to Santander, Spain, a ferry from Tarifa, Spain, to Tangier, Morocco, a drive to Marrakech, over the snowy alpine-looking Tizi n'Tichka Pass, to Erfoud, and then to the dunes of Sahara. It involved some bribes, a twice broken-down Testarossa, confiscation of a drone, tons of speed traps and at least one ticket, a pair of lucky pants, some phenomenal scenery, and Ferrari sounds, including a long stint off-roading on a washboard track. Plus, a lot of jealousy on our part. Enjoy. News Source: Harry's Garage via YouTube Ferrari Coupe Luxury Police/Emergency Supercars Classics Videos evo harry metcalfe morocco ferrari testarossa sahara

Party boy videos his night of drinking, driving - and downfall

So, I've thrown around the word "Schadenfreude" a lot around here. Roughly translated as "joy at another's misfortune," it's one of those lovely German-language compound words that perfectly sums up some part of the human condition. Another of my favorites is " B ackpfeifengesicht." This one translates as "a face in need of a fist." In this story out of Morocco about a rich young man drinking, driving, and crashing a Ferrari, both of those words come immediately to mind. According to NDTV, a 20-year-old spent a wild night on the town in Rabat back in April. The unnamed man spent his evening partying, drinking champagne, dancing at clubs, and racing his slate-colored Ferrari California around the city. Someone who was with him recorded the evening for posterity, and caught him drinking out of a bottle of champagne, completely annihilated, while driving and generally acting the fool. As you can imagine, the evening didn't end well for him. In the morning, he was still apparently drunk and driving around. He smashed into a small, silver sedan, which caved in that car's door and mangled the California's frontend. Unfazed, our man shot a little video of himself dancing around the crash scene, giving the cops lip, and smoking in the back of an ambulance. I guess he thought his wealth and status would get him out of trouble. Joke's on him, though. Morocco's official MAP news agency stated that the Ferrari driver was found guilty of driving while intoxicated and driving without insurance. For this, he got two years in jail and was slapped with a 2,000 euro fine. And that, friends, is Schadenfreude and B ackpfeifengesicht in action. Related Video News Source: NDTV Auto News Weird Car News Ferrari drunk driving morocco