F430 1 Owner Clean Carfax Pristine Only 2791 Miles F1 on 2040-cars

Auto blog

Trump's old Ferrari F430 sells for $270,000

You may remember that Auctions America was going to sell a 2007 Ferrari F430 owned by the current president of the United States. It was estimated at between $250,000 and $350,000. It went for auction this weekend and just barely fell into that range. According to Bloomberg, Donald Trump's old Ferrari failed to meet the reserve, set at $250,000, with a final bid of $240,000. However, Auctions America said the car sold after the auction at $270,000. So the auction company did get its estimate right, but just barely. As for what the new owner purchased, he or she got an F430 with celebrity and presidential heritage, the F1 automatic gearbox, low miles, a service history, and a classic Ferrari red paint job. Of course we still stand by our preference for a manual one in our choice of color and without any celebrity history (or baggage depending on your opinion). Check out our original piece for more details on the car. Related Video:

LaFerrari trading at double its list price

If you've been looking at the seven-figure price tags (plus or minus) on the latest batch of hypercars, and wondering how their manufacturers could possibly charge that much, consider that their predecessors typically traded at well above their list price as it is. The Ferrari Enzo, for example, listed for "only" $650k, but with production limited to 349 units, demand far outstripped supply, driving the mark-up into seven-figures. In fact Enzos are still selling for a million or more at auction. Surely Ferrari deserves a piece of that action itself, at least as much as the speculators... hence the $1.7 million sticker price on its successor LaFerrari.
Here's the thing, though: according to the latest reports, buyers are paying that much again just for the privilege of getting their hands on a LaFerrari. In other words, they're paying double the already sky-high asking price: as much as $3.4 million to put it in the same ballpark as the Lamborghini Veneno (whose production was even more limited) and the latest Legend edition of the Bugatti Veyron Vitesse roadster.
The story gets a bit more sane with its rivals, though: according to the analysis reported by Oracle Finance, the McLaren P1 is commanding "only" a $500k premium over list, and the Porsche 918 Spyder "just" $335k extra. However even less expensive new models from high-end automakers like the Lamborghini Huracán and Porsche Macan are reportedly commanding $50k and $10k premiums, respectively.

Sebastian Vettel captures Belgian Grand Prix

SPA-FRANCORCHAMPS, Belgium – Ferrari's Sebastian Vettel sped away from first corner carnage to celebrate a commanding Belgian Grand Prix victory on Sunday and trim Lewis Hamilton's Formula One lead to 17 points with eight races remaining. Hamilton, last year's winner in Belgium, started from pole position but finished second for Mercedes while Red Bull's Max Verstappen gave his army of Dutch fans something to cheer with third place. In the battle of four-times world champions, Hamilton now has 231 points to Vettel's 214. "I had a great start, I'm not sure Lewis saw me as he pushed me to the left in the first lap, but after last year I ended up short, and this year it was the other way around," said Vettel of his decisive pass on Hamilton. "As soon as I was ahead I relaxed. I had a good restart after the safety car, and after that it was a very smooth race," he added. The start provided most of the afternoon's excitement, with Fernando Alonso's McLaren flying over Charles Leclerc's Sauber at the La Source hairpin after being rammed by Renault's Nico Hulkenberg. All three retired as the safety car was deployed for four laps but Leclerc had reason to thank the 'halo' head protection system -- introduced this season -- for allowing him to step away unscathed. Television close-up images after the race showed the structure heavily marked by the impact. "The Halo was a very good thing to have today. I think for him, it helped," commented Spaniard Alonso, who will be leaving Formula One at the end of the season. Ferrari's Kimi Raikkonen, a four times winner in Belgium, and Red Bull's Daniel Ricciardo also collided at the start and retired after pitting, the Finn having to wait for his 100th career podium. At the front, Vettel swiftly seized the lead from Hamilton down the Kemmel straight on the opening lap and never looked back, taking the checkered flag 11.0 seconds clear of Hamilton. "He drove past me like I wasn't even there on the straight," said Hamilton, who was quick to shake his rival's hand and offer congratulations. "They have got a few trick things going on in the car," he added. "I did what I could, we did what we could so we have to keep working." It was the German's fifth win of the campaign, matching his British rival, and 52nd of his career -- one more than the great four times champion Alain Prost managed. Hamilton's team mate Valtteri Bottas finished fourth, and set the fastest lap, after starting 17th.