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1963 Ferrari 250 GTO sells for $70 million

The Ferrari 250 GTO is well-known as one of the most valuable cars on Earth, and quite rare with just 39 examples built. It's a reputation backed by incredible sale prices, one of the most recent being an auction record of $38 million at Bonhams' Monterey auction in 2014. Not all of them cross the auction block, and one reportedly was sold in a private sale for a stunning $70 million, thought to be the highest price ever paid for a car. The price and the sale was confirmed by Fox News after the news outlet talked to a Ferrari historian. It was reportedly sold to American businessman. The duPont Registry reported on the sale a little earlier, having learned of the sale in a forum, and notes that the buyer may have been David MacNeil, CEO of WeatherTech, the company that makes and sells various floor mats and cargo-area covers. MacNeil is a Ferrari collector and driver and may well show and drive the car in vintage races and rallies. Not only does this price exceed the last auction price, it exceeds the last rumored private sale price. Back in 2013, a 250 GTO reportedly sold for $52 million. That particular car shared some of the racing heritage of this new record setter, including a win in the Tour de France, a race that was commemorated in the name of the Ferrari F12 TdF. Related Video:

Ferrari 250 GT SWB California Spider tops Gooding's Saturday auction at $15.18 million

During the weekend's automotive smorgasbord in Pebble Beach, Ferrari has played a huge roll. Twenty examples of the ultra-rare 250 TR, better known as the Testa Rossa, were prominently on display at the Concours d'Elegance, and the Prancing Horses have been top sellers at many of the auctions. You can chalk up one more on that list with a 1961 Ferrari 250 GT SWB California Spider with a scarce, optional hardtop included going for $15.18 million at Gooding & Company's sale on Saturday night. Ferris Bueller would find it so choice.
In all, the auction house brought in about $60.4 million during the night, and 17 of the cars on the block sold for over $1 million. None of the other cars on Saturday managed quite the stratospheric highs of the California, though. A 1955 Aston Martin DB3S was the second-highest seller at $5.5 million. The next four top vehicles were all Ferraris with final prices ranging between $2.09 million and $2.365 million. Clearly, investors are in love with the Prancing Horse these days.
Check out our gallery, and scroll down to read the auction house's announcement of its top Saturday results.

Watch team build life-size Ferrari F1 car from Lego bricks

Following up on the company's recent replica of a McLaren 720S, Lego has moved on to that company's Formula One rival, Ferrari, to build another full-scale model. And the car is in fact Ferrari's 2017 F1 race car, and it has even more Lego content. For this model, even the wheels and tires are made of the studded plastic bricks. You can watch Lego employees bring the car together from its development and planning stages all the way through construction. The video also reveals many interesting tidbits about the car. For instance, the model weighs less than the real thing. It's 1,250 pounds. The actual Ferrari SF70H weighs 1,605 pounds, though that includes coolant, oil, and the driver. The model also features nearly 350,000 pieces, which is about 70,000 more than the McLaren had. It took about 750 hours to assemble the car, not including over 840 hours to design and develop it. You'll also see that even this massive Lego model still has stickers to apply, and considering how tricky the little stickers can be on perfectly smooth surfaces, placing theses huge ones over bumpy ridges must've been quite difficult. Related Video: Image Credit: Lego Toys/Games Ferrari Racing Vehicles Videos F1 Lego ferrari f1