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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.

Will this 1966 Ferrari three-seater surpass $20M at Pebble Beach auction?

With a week of lavish automotive events coming up centered around the Pebble Beach Concours d'Elegance in August, some of the highest profile auto auctions in the world are about to take place. Hearing about Ferrari Testa Rossas and 250 GTOs going for tens of millions of dollars during these events is commonplace, but Gooding & Company is bringing a unique Prancing Horse to sell in California that could be a record-breaker for the company.
The car in question is the drop-dead gorgeous 1966 Ferrari 365 P Berlinetta Speciale with just 7,900 kilometers (4,910 miles) on the clock that's pictured above, and it checks all of the boxes to make it incredibly desirable. First off, just look at it. The flowing lines and giant, tinted moonroof really make this Ferrari a head-turner. Inside, it has the distinctive feature of three seats with the driver slightly forward in the middle, kind of like the McLaren F1. And what a view from behind the wheel with all of the expansive glass in front of and above the driver. According to the auction listing, Pininfarina displayed the Speciale at a variety of international motor shows in 1966 and 1967.
If the looks aren't enough, then the provenance puts this Ferrari over the top, for sure. Underneath those gorgeous lines is the chassis from a Ferrari 365 P2 endurance racer. The sale claims that this was the first mid-engine, Ferrari 12-cylinder model created from the start as a road car. After touring with Pininfarina, it went to Luigi Chinetti, the first man to sell a Prancing Horse in the US and the boss of the company's North American Racing Team. He sold it twice, but the Speciale has been in the hands of the Chinetti since 1969.

Ferrari 250 GTO could fetch as much as $75 million at auction

Last month we reported on a Ferrari 250 GTO heading for the auction block at Pebble Beach. We knew at the time it would break records and bring in tens of millions of dollars. But now that the gavel is about to drop, it looks like even our projections could fall short.
According to a report on Bloomberg, citing the classic car authorities at Hagerty Insurance, the GTO in question (pictured above) could fetch upwards of $60 million and as much as $75 million when the auction takes place two days from now in Monterey, CA.
Hagerty's reported estimate would not only blow the previous records out of the water, but would eclipse the pre-sale estimate attributed to Bonhams, the auction house handling its sale, which placed its value between $30 million and $40 million.