2011 Ferrari 458 Italia - Giallo Modena on 2040-cars

Auto blog

5 highlights from the 2018 Petersen Automotive Museum Auction

From the avant garde exterior design to the collection of vehicles between the walls, the Petersen Automotive Museum in Los Angeles is one of the coolest car museums in the U.S., and possibly the world. Among several others, the Petersen has two featured exhibits, The Porsche Effect and Legends of L.A. But the museum has a different type of viewing coming up at which you could touch, or even buy, a variety of special vehicles. After hosting its SoCal auction on the coast in Santa Monica for several years, RM Sotheby's has moved the event to the more central location of the museum. In addition to several works of art, the auction which takes place the weekend of December 7, will show several dozens of blue-chip vehicles, chosen by RM Sotheby's 30 car specialists. After sorting through lots that range from microcars to new-age supercars, here are five of the highlights that caught our eyes. 1956 Ferrari 290 MM by Scaglietti Projected Value: $22,000,000-$26,000,000 Without question, this is the crown jewel of the entire show. As the eldest and most experienced of the 11 total Ferrari lots, its estimated value of $26 million is more than five times the values of the other five cars listed below combined. From the jump, Ferrari threw the 290 into the line of fire. Starting its life with a four-cylinder 860 Monza engine and a Tipo 520 chassis, its first race was the Mille Miglia. Peter Collins was behind the wheel and racing photographer Louis Klemantaski was his copilot. Ferrari took the top five spots in the race, with this car, chassis No. 0628, finishing second. It went on to see multiple races and took on multiple forms, including a V12 swap at one point. After switching through the hands of multiple owners, it was sent to Ferrari Classiche in Maranello, where it was restored to its form at the time of the 1957 12 Hours of Sebring. It retains its original chassis, original bodywork, and original transmission, and houses the V12 from its 290 MM spec. The restoration was completed in 2015, and the car remains in incredible shape today. 1971 Lamborghini Miura P400 SV by Bertone Projected Value: $2,100,000-$2,500,000 Simply put, the Miura is one of the most significant supercars, and therefore one of the most important cars, of all time. Its two-seat, mid-engined configuration seismically shifted what a performance could and should look like, and its V12 gave it the power to be the fastest car in the world when it debuted.

Watch Rimac's Concept One roast a LaFerrari and Tesla Model S in a drag race

It's been five long years since Rimac Automobili took the covers off of its Concept_One at the Frankfurt Motor Show. From the very beginning, Rimac has confidently touted the supercar's capabilities, but now we actually have proof of just how capable the Concept_One really is. Here's your takeaway: It's quick enough to show a Ferrari LaFerrari its taillights through the quarter-mile. If you've spent any time clicking around on YouTube, you've seen the Tesla Model S P90D trump all sorts of high-performance cars. In this video, the Tesla is really only there for reference, because the way the Concept_One bests the electric sedan is just brutal. For those not familiar with Croatia's electric machine, here's the lowdown: 1,088 horsepower and 2,800 pound-feet of torque thanks to four electric motors that put everything down off the line Zero to 62 mph in 2.6 seconds, 6.2 seconds to get to 124 mph from a standstill, and 0 to 186 mph in 14.2 seconds An independent gearbox for each electric motor with the front featuring single-speed gearboxes and the rear axle using two-speed double-clutch gearboxes Rimac All Wheel Torque Vectoring (R-AWTV) system that calculates the optimum amount of torque for each wheel On paper, the Concept_One makes a Tesla Model S P90D with Ludicrous Mode look slow. But a LaFerrari isn't a Model S. And it's definitely not an electric car. It's a stampeding thoroughbred with a naturally aspirated V12 and an electric motor that together make 950 horsepower. It can blitz the quarter-mile in roughly 9.8 seconds and is faster than the majority of cars on the road today. Granted, the LaFerrari is quicker to 60 mph than the Concept_One, at 2.5 seconds. In essence, this race between two titanic machines should be close. But it's not. It's not even close to being close. It's a massacre. Related Video: News Source: Archie Hamilton Racing via YouTubeImage Credit: Archie Hamilton Racing / YouTube Green Ferrari Tesla Coupe Electric Videos drag race ferrari laferrari Rimac

Ferrari and FCA are officially separated

It's been a long time in the making, but it's officially happened: Ferrari is no longer part of Fiat Chrysler Automobiles. Following the Italian automaker's initial public offering, it has officially split off from its former parent company. As part of the spin-off, FCA's stakeholders will each receive one common share in Ferrari for every ten they hold in Fiat Chrysler. Special voting shares will be distributed in the same proportions to certain shareholders as well. Those shares being distributed will account for 80 percent of the company's ownership. Another ten percent was floated as part of the company's IPO, while the remaining 10 percent is held by Enzo's son Piero Ferrari (pictured above at center), who serves as vice chairman of the company. The shares will continue to be traded under the ticker symbol RACE on the New York Stock Exchange, and will begin trading this week as well under the same symbol on the Mercato Telematico Azionario, part of the Borsa Italiana in Milan. Since the extended Agnelli family headed by chairman John Elkann (above, right) holds the largest stake in FCA, expect it to continue controlling the largest portion of Ferrari shares as well. Between them, nearly half of the shares in the supercar manufacturer – and we suspect a little more than half of the voting rights – will be controlled by the Agnelli and Ferrari families, who are expected to cooperate to ensure the remaining shareholders don't attempt a takeover of the company. Similar to its former parent company, which operates out of Turin and Detroit, the Ferrari NV holding company is nominally incorporated in the Netherlands, but the automaker will continue to base its operations in Maranello, Italy. That's where it's always been headquartered, on the outskirts of Modena. For the time being, Sergio Marchionne (above, left) remains both chairman of Ferrari and chief executive of FCA – a position to which he is not unaccustomed, having previously headed both Fiat and Chrysler before the two officially merged. Related Video: Separation of Ferrari from FCA Completed LONDON, January 3, 2016 /PRNewswire/ -- Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) and Ferrari N.V. ("Ferrari") (NYSE/MTA: RACE) announced today that the separation of the Ferrari business from the FCA group was completed on January 3, 2016. FCA shareholders are entitled to receive one common share of Ferrari for every 10 FCA common shares held.