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Ferrari 250 GTO could fetch as much as $75 million at auction

Last month we reported on a Ferrari 250 GTO heading for the auction block at Pebble Beach. We knew at the time it would break records and bring in tens of millions of dollars. But now that the gavel is about to drop, it looks like even our projections could fall short.
According to a report on Bloomberg, citing the classic car authorities at Hagerty Insurance, the GTO in question (pictured above) could fetch upwards of $60 million and as much as $75 million when the auction takes place two days from now in Monterey, CA.
Hagerty's reported estimate would not only blow the previous records out of the water, but would eclipse the pre-sale estimate attributed to Bonhams, the auction house handling its sale, which placed its value between $30 million and $40 million.

Bertone's shark-nose Ferrari 250 set to break records

If Nuccio Bertone had one regret, it's that he didn't get to work more with Ferrari. "They have always been with Pininfarina," Bertone was quoted as saying toward the end of his career. "I would have liked to have done more for Ferrari." There were a few exceptions, like the atypical Dino GT4, the angular Rainbow concept of 1976, and the unique 250 GT you see here. Only this one wasn't just designed and crafted by Bertone – it was designed and crafted for Bertone. And now it's going up for auction. Inspired by the 156 Grand Prix racer, this one-of-a-kind 1962 Ferrari 250 GT SWB Berlinetta was commissioned by Bertone to showcase its capabilities at the Geneva and Turin motor shows that year, and to serve as Nuccio's personal wheels. The design was carried out by none other than Giorgetto Giugiaro, in close collaboration with Bertone, and is characterized by the shark nose that would look right at home on a week-long Discovery Channel special... if it were directed by Roberto Rossellini. It's painted in Blu Notte Metallizzato (Italian for "midnight blue metallic") with a rich burgundy leather interior. The only one of its kind, chassis 3269 GT has been part of the Lorenzo Zambrano collection for over three decades now. It's slated to cross the auction block for the first time next month at Pebble Beach. That's where Gooding & Company expects it will fetch around $15 million, which would (according to the archives at Sports Car Market) make it one of the most expensive Ferraris, and by some margin the highest-priced 250 GT SWB Berlinetta, ever sold at auction. 1962 Ferrari 250 GT SWB Berlinetta Speciale (Estimate $14,000,000-$16,000,000) Any coachbuilt Ferrari will stir excitement on the auction block, but 3269 GT is quite possibly the most important 250 GT SWB ever to be presented at public auction. Built for and personally owned by Nuccio Bertone to showcase his company at the Geneva and Torino Auto Shows in 1962, this one-off "sharknose" Berlinetta Speciale Ferrari is sure to electrify the Pebble Beach Auctions when Gooding & Company presents this Italian masterpiece in August. This unique Ferrari was one of the first cars penned by the well-known stylist, Giorgetto Giugiaro, while working for Nuccio Bertone. The two worked together to create one of the most viscerally moving designs in Ferrari's history, which was inspired by the world championship-winning Grand Prix car - the Ferrari 156 F1.

Ferrari picks up ex-Sauber driver Esteban Gutierrez as test pilot

With McLaren's long-awaited confirmation of Fernando Alonso and Jenson Button, the grid for the 2015 Formula One World Championship is finally complete. (That is, at least, aside from the bankrupt Caterham and Marussia teams, whose fate for next season still remain open.) But with the big game of musical chairs now drawn to a close, not everyone who had a seat this year will have one the next. And that includes one Esteban Gutierrez, who lost his ride with Sauber but has landed a test driver role with Ferrari instead. Gutierrez climbed up through the formula racing ladder, winning the 2008 Formula BMW Europe and 2010 GP3 titles before getting his start as a test driver with the Sauber team – a role which he held for two seasons while simultaneously putting up a good fight and winning races in GP2. Sauber promoted him to the race seat in 2013 (when he placed a career-best seventh place at the Japanese Grand Prix) and kept him on board for another season. But after failing to finish in the points even once this past year, both he and veteran team-mate Adrian Sutil were both replaced for next season. Taking their place will be Marcus Ericsson (who drove for Caterham this year) and newcomer Felipe Nasr (who served this season as test driver at Williams). That's left Gutierrez without a race seat, but Scuderia Ferrari has snapped him up as its official test and reserve driver for next season. In that capacity he'll be offered the chance to drive top-flight machinery and hone his skills with a front-running team, and will be on standby should either Sebastian Vettel or Kimi Raikkonen be unable to drive at one grand prix or another. Most of the other teams have yet to confirm their third drivers, but Williams recently announced it was promoting Susie Wolff to the job and McLaren confirmed Kevin Magnussen was bumped down for next season to make way for Alonso. The move may strike some as odd since Gutierrez is not part of the Ferrari Driver Academy development program, but Sauber has long shared close ties with the Maranello-based team. Ferrari supplies engines to Sauber, which in turn sometimes graduates drivers to the Scuderia. Former Ferrari drivers Felipe Massa and Giancarlo Fisichella both drove for Sauber, and current drivers Vettel and Raikkonen both got their starts there as well. A Mexican driver is back to Maranello Maranello, 15 December 2014 – Ferrari announces that, as from next season, Esteban Gutierrez will become part of the Scuderia workforce.