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Steve McQueen's Ferrari 275 GTB/4 To Be Auctioned In Monterey

We know from many, many years of watching classic car auctions, that there are certain qualities that ensure big money. For example, putting tiny silver horses and/or yellow badges on a red car will probably bring in a lot of cash. This is doubly true if said car hails from the 1950s or 1960s, and it's triply true if some dude drove it around in circles or if a celebrity owned it. That, friends, is how you make the serious dosh at auction. Considering that, we should expect big, big things when this 1967 Ferrari 275 GTB/4 crosses the block at the big RM Auctions event during the festivities surrounding the 2014 Pebble Beach Concours d'Elegance. Terrence Steven McQueen, better known as Steve McQueen and even better known as the coolest actor of the 1960s and 1970s, originally purchased this car while filming Bullitt in San Francisco, which should provide a big boost to its sale price. As previously reported, this car has undergone a full restoration and has received its certification from the team at Ferrari Classiche. Beyond that, though, we're kind of in the dark about this beauty. We don't even have a rough guess of how much it'll go for. That's where you come in. Considering that the price of classic Ferraris is increasing with all the regularity of Old Faithful, how much do you think McQueen's 275 will call for when it hits the stage in August? Head into Comments and let us know.

Ferrari celebrates at Hong Kong's Asia World Expo

More than 600 Ferrari models, representing every era of the famed automaker's production, celebrated 30 years of presence in Hong Kong with a gathering at the Asia World Expo this past weekend. The event marked the largest single gathering of Maranello's sports cars ever organized in China. The weekend culminated with Marc Gene, Scuderia Ferrari's test driver, unveiling the new 458 Speciale.
There are only about 1,700 Ferrari owners in China, and they boast an average age of just 35 years. The young clientele in the Asian market often take advantage of Ferrari's 'Tailor Made' bespoke program and they have a growing interest in racing. The automaker says that many will travel to the Mugello circuit in Italy to participate in the final event of the Asia Pacific series of the Ferrari Challenge in a couple weeks.
"I am pleased to be here to celebrate Ferrari's thirty years in Hong Kong, along with so many owners who share our passion and the search for excellence, exclusivity and innovation," said President Luca di Montezemolo. The video shows hundreds of Ferraris, in popular white, yellow and red, being arranged indoors to form the Bauhinia Blakeana, a five-pedal flower that is the characteristic symbol of Hong Kong. Apparently owners of the more exclusive Blu Scozia, Avio Met and Vinaccia colors were asked to park outside. Scroll down below for a video and press release detailing the event.

Italian police foil plot to snatch Enzo Ferrari's body

Italian authorities on Tuesday said they had foiled a plot to steal the body of automotive legend Enzo Ferrari. That's Enzo Ferrari the man, not Ferrari Enzo Ferrari the supercar. Ferrari died in 1988 at age 90. He founded the company that produces some of the world's fastest and most expensive cars. Police in Nuoro on the island of Sardinia told a news conference that a gang had planned to snatch the body and demand a ransom from the Ferrari family or the company, Reuters and Italian news outlets reported. Authorities said the plot was discovered during an investigation into arms and drug trafficking. Helicopters and parachute regiment officers were used to execute 34 arrest warrants. Ferrari's body is interred above ground in a family mausoleum in Modena, near the Ferrari plant at Maranello in central Italy. Gang members had allegedly conducted several inspections of the burial site to plan the operation. The Ferrari founder has been in the news a lot recently. Two movie biopics are coming out, in which Robert De Niro and Hugh Jackman will each play the racing great.Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Auto News Government/Legal Weird Car News Ferrari enzo ferrari