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Fangio's Ferrari 290 MM should top $28 million at auction

Of all the legendary pilots that have driven for the Scuderia over the years, few carry the kind of clout that did one Juan Manuel Fangio. A five-time world champion from another era, Fangio won a couple dozen grands prix and a fair few sports car races as well, driving for the likes of Mercedes, Alfa Romeo, Maserati, and of course Ferrari. What you see here is the car that Enzo's outfit built especially for Fangio. And now it's going up for auction, where it's anticipated – with good cause – to fetch big bucks. This 1956 Ferrari 290 MM – chassis number 0626 – was designed for Fangio to drive in the Mille Miglia. It would be the last time he would compete in the event, before being scrapped the following year. Victory in the thousand-mile race once again eluded the legendary Argentinian with a fourth-place finish, achieved single-handedly. But that wasn't the end of the story for 0626. It would go on to be raced by Phil Hill at the Nurburgring, by Alfonso de Portago at the Rouen Grand Prix, by Wolfgang von Trips at the start of his career with Ferrari, and won the Buenos Aires 1000 KM in 1957. Victories like those helped Ferrari clinch the manufacturer's title in both 1956 and '57, campaigns in which the 290 MM played an integral part. One (and arguably the best) of only four examples made, 0626 was never crashed during its decorated career. After its retirement from the Scuderia, it made its way through the hands of numerous collectors and racers on both sides of the Atlantic. It spent 34 years in the Mas du Clos collection of Pierre Bardinon before being acquired by its current owner, who in turn is now putting it up for auction. It will feature as part of RM Sotheby's upcoming Drive by Disruption sale in New York on December 10, where it is expected to sell for over $28 million. That would make it the most valuable car ever handled by the venerated auction house, outshining the 1967 Ferrari 275 GTB/4 NART Spider it sold at Monterey in 2013 for $27.5 million. Of course it's not the only lot consigned for the Manhattan event. It'll be joined by a spectacular blue 1955 Ferrari 500 Mondial that's expected to fetch around $6 million, as well as a 1962 Aston Martin DB4 GT Zagato (~$16m) and a Lamborghini Concept S (~$3m), to name just a few highlights on the horizon.

Ferrari looking to become even more exclusive

While most automakers are clawing and scratching for every possible sale, it sounds like Ferrari is content in losing a few potential customers in the name of better exclusivity and higher profits. Autocar reports that Ferrari chairman Luca di Montezemolo recently stated that the Italian automaker hopes to sell fewer than 7,000 units globally in 2013 compared to last year's tally of 7,318.
As a part of this plan, Ferrari will be slowing its production lines and trying to create a balanced market for its cars in the US, the Middle East, Europe and China - the latter two being the automaker's biggest markets. Montezemolo also said that Ferrari would not be expanding its model lineup with SUVs, sedans or small cars.

Ferrari F12 Berlinetta takes home 2014 Robb Report Car of the Year [w/video]

In what is being called an "unprecedented landslide decision," those who have the right to cast votes have anointed the Ferrari F12 Berlinetta as the 2014 Robb Report Car of the Year. Standout features that have helped the Ferrari earn such a runaway victory include its 0-60 blast of 3.1 seconds, its 211-mile-per-hour top speed and the exhaust note of its 731-horsepower V12 engine.
After being driven by a team of journalists and 100 or so members of the private Robb Report Club, the grand tourer beat out a total of 13 contenders that included the Audi R8 V10 Plus, Lamborghini Aventador LP700-4 Roadster, Aston Martin Vanquish Volante, Bentley Continental Flying Spur, Jaguar F-Type V8 S, Chevrolet Corvette Stingray Coupe, Maserati Quattroporte GTS and Dodge SRT Viper GTS.
This is the 21st year that Robb Report has selected a Car of the Year. Scroll down below for the official announcement and video, and feel free to read more about the F12 Berlinetta and some of its worthwhile competitors over at Robb Report.