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Ferrari auctioning one-off LaFerrari for Italian earthquake relief

Ferrari is about as Italian as Italian gets, so it's no surprise that the company is launching an initiative to help the victims of this year's two major central Italian earthquakes. And it involves a LaFerrari. Ferrari, RM Sotheby's, and the National Italian American Foundation's Earthquake Relief Fund are partnering up to auction off a one-off LaFerrari from the company's own collection at the upcoming Finali Mondiali on December 3. All proceeds from the auction will go to the reconstruction efforts in central Italy following August's magnitude 6.2 quake and the string of quakes that hit late last month. If you're heading to the Daytona International Speedway for Finali Mondiali and have seven-figure's worth of cash burning a hole in your finely lined pockets, it's worth mentioning what you could bid on. The LaFerrari in question wears the company's traditional Rosso Corsa, but sports white accents down its body and an Italian tricolor on its nose. Ferrari says bespoke interior stylings complement the one-of-a-kind exterior treatment. The special LaFerrari will cross the block at RM Sotheby's on December 3. Related Video:

'The best Lewis' Hamilton faces resurgent Ferrari in F1

SHANGHAI (Reuters) - Lewis Hamilton has raised his game but whether the Mercedes driver can deny Ferrari a second successive win of the season in China this weekend remains to be seen. On paper, the triple world champion is still the man to beat -- the most successful driver by far in Shanghai with four wins to date. "Lewis is the best Lewis that I've seen in the last four years, both on and off the track," said Mercedes team boss Toto Wolff after the Briton started on pole and finished second to Ferrari's Sebastian Vettel in the Australian season-opener. "He has become a pillar of this team and he proved that in Melbourne." But Vettel is leading the championship, the first time a non-Mercedes driver has done that since he took his fourth title with Red Bull in 2013, and once-dominant Mercedes have a fight on their hands. Mercedes, who have taken both the drivers and constructors' titles for the last three years, have won four of the last five races in China. As Melbourne showed, however, past form may count for little in a season of sweeping rule change. "If you think you are going to cruise to victory in the future, based on a track record of success, you'll be proven wrong very quickly," said Wolff. "Australia was a weekend full of lessons, now we go to China ready and excited for another battle." Ferrari have not started a season with consecutive wins since 2004 at the peak of the Michael Schumacher era, the Italian team taking 15 victories from 18 races that season. Vettel's win in Australia ended a victory drought for Ferrari stretching back to September 2015, and drew rare praise from company chairman Sergio Marchionne, but they must now prove they can be genuine contenders. "You really have to go step by step," said Vettel. "It's good to know that we have a great car but it's just the beginning: new regulations, new generations of cars so there will be a lot of progress." The cars this year are longer and wider, sporting fatter tires and more swept-back bodywork as part of a rules shake-up aimed at making them faster, more spectacular to watch and harder to drive. But overtaking has also become more difficult, with Australia raising concern about the lack of real moves. The long straights and wide sweeps of the Shanghai circuit saw 128 passes last year, more than at any other track, and should provide a more definitive verdict.

Ferrari 250 California fit for Ferris may sell for millions

Planning on playing hooky for a day of adventure in, say, Chicago? You're going to need the right set of wheels. Something like the Ferrari you see here ought to do the trick. Coming up for auction at Amelia Island, this 1961 Ferrari 250 GT SWB California Spider is one of just 56 made – only 37 of which have those highly sought-after covered headlights. The short-wheelbase model followed the previous long-wheelbase version and featured a number of upgrades, including timeless coachwork by Scaglietti, a more nimble chassis, and four-wheel disc brakes. This particular example – bearing the VIN 2871 GT in classic red over black – starred alongside Sophia Loren in the film Ieri, Oggi, Domani. It was sold new in 1961 to Italian industrial designer Giangranco Frattini, who owned it for 17 years before selling it to one Terzo Dalia in 1978, who in turn sold it to its current owner in 1985. This represents the first time it's being offered for public sale. Gooding & Company anticipates it will fetch a good $16 million (give or take) when it crosses the auction block on March 11. That would, according to the records at Sports Car Market, put it right in the range of what California Spiders have been selling for in recent years – the record currently standing at $18.6 million paid for the Baillon barnfind example in Paris a year ago. If you have the means, to paraphrase our childhood hero, we highly recommend picking one up. Related Video: Gooding & Company Unveils Iconic 1961 Ferrari 250 GT SWB California Spider To Highlight Amelia Island Auction The Quintessential Ferrari 250 GT with Limited Ownership from New and Cinematic History SANTA MONICA, Calif. (February 12, 2016) – Gooding & Company, the auction house acclaimed for selling the world's most significant and valuable collector cars, is privileged to announce the addition of a 1961 Ferrari 250 GT SWB California Spider (estimate $15,000,000-$17,000,000) to be sold at the Amelia Island Auction on March 11, 2016. This highly coveted Ferrari is the 22nd SWB California Spider built and one of only 37 covered-headlight examples produced. Remarkably, it has been in the loving care of the current owner for over 30 years. "We are thrilled to present this California Spider to our clients," states David Gooding, President and Founder of Gooding & Company.