2011 Ferrari 458 Italia Base Coupe 2-door 4.5l on 2040-cars

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Meet the man who sold his Ferrari 250 GTO for a record $48 million

We all took notice back in August when a 1962 Ferrari 250 GTO sold at RM Sotheby's in Monterey, bringing a record price for a car at auction: $48.4 million. The man who benefited — both from the proceeds and from his 18 years owning one of the rarest, most desirable cars in the world, chatted recently with Seattle Times columnist Nicole Brodeur about what it was like to say goodbye to such a beautiful machine — and how he's able to console himself with a serious collection of other fine cars. Despite the car, the third of 36, being "one of the most significant Ferraris ever built, bar none," in Sotheby's words, Brodeur says Whitten regularly toodled around in it in Redmond, Wash. — to lunch, on errands, to car shows — Redmond being a place where you do see an awful lot of incredible daily drivers streaming into the Microsoft campus. Whitten, now chairman of Numerix, a financial software company, was one of Microsoft's earliest employees, hired in 1979 by the late Paul Allen himself. He describes what it was like to be sitting on the front row at Monterey when the gavel came down. Even for a multimillionaire, multimillions being thrown around by three bidders for a single car is "very hard to fathom," he told CNBC. "But you're in a space where you have car collectors, and Ferraris are the most collectible car, and the GTO is the pinnacle Ferrari." "I miss it a little bit," Whitten says. But the world is full of wonderful cars, and an awful lot of them are tucked away in his warehouse. Plus, Whitten spent more than $2 million on the same night the GTO sold, picking up another Ferrari and three vintage Jaguars, including a 1967 E-Type as a birthday present for his wife, Michelle. In the column, he reflects on his beginnings as a driver — as an 11-year-old wheelman helping his brother deliver newspapers in their parents' station wagon. And on being a broke mathematics doctorate whose first car was a Dodge Dart. And on the beginnings of his collection when the Microsoft millions kicked in; on purchasing a 1935 ERA 1.5L Grand Prix racer from a Thai princess; and that time he hit 174 mph on an airport runway. Here's the column, if you'd like to learn more about a guy who sounds like he's had a pretty great life. And below are two videos put out by Sotheby's ahead of the auction. In the first, Whitten drives the Ferrari, talks about his love of cars — and you get a glimpse of his collection. The second video describes the car's considerable provenance.

2018 Ferrari Portofino First Drive Review | Forget all about the California

It's about 9,500 miles between the Golden State and a swanky former fishing village on the Italian Riviera known as Portofino, where pastel-painted cottages mix it with celebs and super yachts. For Ferrari, however, it's a gap of 10 years between the launch of the California, its first front-engined V8 sports car and this, the Mk. II version, the Ferrari Portofino. "California is such an iconic name," says Nicola Boari, head of Ferrari product marketing. "Trying to stay close wasn't a good thing. Portofino is discreet, it's not as splashy as Monte Carlo." The California was aimed at a new breed of Ferrari customer: younger, with a family, women. In one sense it's done that job well, in another it's failed. Boari admits with a shrug that not many women have actually bought a California, but for a car launched just as Lehmann Brothers was gasping its last, the car has attracted a new sort of customer just the same and attracted 35 percent of Ferrari's total sales. Last year, that numbered 8,398 vehicles. "Same sex, but a different type of customer," says Boari, adding that California customers use their cars 150-percent more than typical Ferrari sports car owners, tend to use their cars every day and 30 percent of them even use the tiny rear seats. "We had to learn new things," he admits. A lot of those "new things" have been crammed into this car, which goes on sale this August in the United States priced at $229,551. The basic premise remains the same: a 3.8-liter, twin-turbo V8 driving the rear wheels via a seven-speed, dual-clutch transmission and an electronically controlled limited-slip differential in a rear-mounted transaxle. That's 592 horsepower at 7,500 rpm and 560 pound-feet of torque at 3,000 rpm. The torque "curve" continues on from there with a profile resembling a pool table. It's good for 199 mph, 0-62 mph in 3.5 seconds, 0-124 mph in 10.8 seconds and gas mileage in the European test cycle of 31.7 mpg - this is no ordinary family vehicle. The 2+2 Pinifarina-designed aluminium body has been completely redesigned, but retains the same basic dimensions as the outgoing California. Dealers reported that the size was just about right, so the Portofino has grown by only 0.62 inch in length and 1.1 inches in width. It's lighter by 176.4 pounds, thanks mainly to a lighter body construction and interior, and stiffer thanks to more integral parts and aluminum pans under the floors.

Ferrari presents new F1 car to challenge Mercedes

MARANELLO, Italy — Ferrari unveiled its new Formula One car on Friday, one that it hopes can finally end its title drought. Team principal Mattia Binotto and drivers Sebastian Vettel and Charles Leclerc were on stage for the presentation of the car, which has been named SF90 to commemorate the Italian manufacturer's 90th anniversary in 2019. They were joined by Ferrari chairman John Elkann and CEO Louis Camilleri. "The car embodies the latest state-of-the-art technology, reflects the new regulations for the coming season and is the fruit of the combined enormous work and talent of everyone in the Scuderia," Camilleri said. The new matte livery radiates the classic Ferrari red, with splashes of black and hardly any white. "I'm really excited, and I can't wait to get in," Vettel said. "I'm looking forward to this year. I think the team is on the right path, and hopefully we can continue improving." Vettel won the opening two races of the 2018 season and took pole position in three of the first four but Ferrari's performance waned as the year went on, enabling Mercedes to win a fifth straight drivers' title with Lewis Hamilton. Ferrari hasn't won a title since taking the 2008 constructors' championship, while Kimi Raikkonen claimed the team's last driver's title back in 2007. "Last season was our best in the last 10 years, yet we fell short of our objectives," Camilleri said. "Such a setback is never easy to swallow, but I assure you we look ahead with strong commitment and determination." It is Vettel's fifth season with Ferrari but Leclerc's first after replacing Raikkonen. "I'm extremely excited to start this new adventure," Leclerc said. "It's a dream since I was a child. It's a very emotional day for me." Binotto has also been promoted from chief technical officer, taking over from Maurizio Arrivabene. The season opens on March 17 at the Australian Grand Prix in Melbourne. Related Video: Featured Gallery Ferrari SF90 2019 Formula One car Motorsports Ferrari Racing Vehicles F1 Sebastian Vettel John Elkann