1999 Ferrari 550 Maranello No Reserve on 2040-cars

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Father's ultra-rare Ferrari to leave family for a good cause

It isn't every day that the rarest of Ferrari models change hands. In fact, you can count your fingers to get the number of 275 GTB/4*S N.A.R.T. Spyders that ever existed. The 1967 Ferrari you see here is one of those ten Spyders, and it has stayed in the same family since it was bought new.
The car was bought through Luigi Chinetti, Ferrari's US importer at the time, by the late Eddie Smith Sr., a Ferrari collector and businessman from North Carolina. Smith kept it - and kept driving it - until the day he died six years ago. Since then, this remarkable machine has been collecting dust. Smith's son, Eddie Smith Jr., spent some time with Petrolicious to give a history of the car and explain why he and his family are going to do the one thing his father never could: sell it. The catch? All of the money it earns on the auction block will be donated to charity.
"It'll be a bittersweet thing, because we know the fact that all the money is going to charities that he would approve of," Smith Jr. said about his father, and it "will really make him smile, because he loved to give back."

Record-setting 1953 Timossi-Ferrari V12 hydroplane is as rare as it gets

Luigino "Gigi" Barp, the head of technical service at Ferrari Classiche, the company's restoration and certification division, says it is impossible to put a value on the 1953 Timossi-Ferrari Arno XI hydroplane racing boat. It's a one-of-a-kind piece with a one-of-a-kind engine that was specially designed to beat and set the world speed record on water. With Achille Castoldi behind the wheel, it achieved that goal back in 1953. In 2019, after a restoration and some time at the Ferrari Museum, it's for sale on DuPont Registry.  Although numerous Ferrari automobiles have set many records and earned countless first-place finishes on land, there is only one world-record-holding Ferrari-powered boat. The details and timelines of how it all came together are a bit murky, depending on the source, but it all centers around Castoldi, a world-class boat racer from Italy. According to RM Sotheby's, Castoldi had success with Alfa Romeo in lower-weight-class racing in the '40s before deciding he wanted to set the water speed record in the 800-kilogram class. Castoldi was reportedly friends with people at Ferrari, and he was fortunate enough to secure a Tipo 375 V12 engine for a three-point hydroplane built at Cantieri Timossi boatyard in Italy. That's the same engine Ferrari was using for its F1 Grand Prix cars of the time. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. After realizing the engine was still not powerful enough in its original form, Castoldi reportedly worked with Scuderia Ferrari’s chief race engineer Stefano Meazza to up the power. The engine, which started at roughly 385 horsepower, reportedly gained two superchargers and twin four-choke carburetors and boasted more than 500 horsepower in methanol-fueled race tune. It also received a dual-magneto ignition system, and each cylinder used two spark plugs. Castoldi called the boat Arno XI, and on October 15, 1953, he set the water speed record for the 800-kg class by averaging 150.19 mph during a two-way run. Some years passed, and racer Nando Dell'Orto later took ownership. He reportedly made some aerodynamic tweaks, including the shark nose intake and the rear shark fin before eventually retiring the boat from serious racing. In 2012, the Arno XI emerged from the shadows as lot No. 371 at an RM Sotheby's auction, where it sold for ˆ868,000, or roughly $966,000.

Lewis Hamilton beats Sebastian Vettel in Chinese Grand Prix

SHANGHAI (Reuters) - Lewis Hamilton mastered Shanghai's changing conditions and stayed clear of squabbling rivals to win the Chinese Formula One Grand Prix on Sunday. The Briton eased his Mercedes across the line 6.2 seconds ahead of Ferrari's Sebastian Vettel. Max Verstappen, who started 16th, finished a surprise third to hand his Red Bull team their 100th podium. It was Hamilton's 54th career win and a record fifth in Shanghai. But it was the triple champion's first this season and returned Mercedes to the top of the podium after Vettel won last month's season-opening race for a resurgent Ferrari. "I'm so happy with my first win of the year and I can't believe it if I'm honest," said Hamilton after the race, which also handed him his 106th podium, putting him joint second with Alain Prost on the list of drivers with most rostrum results. "What I said to Sebastian as I left the last race ... I said I'm coming back in the next one. When I got on the podium it was like 'I told you'." MOTOR-F1-CHINA/ View 12 Photos Hamilton, who finished second to Vettel in Melbourne, heads into the next race in Bahrain in a week's time tied on points with the German. Mercedes, meanwhile, lead the constructors' standings by one point over Ferrari. Hamilton started from pole position, but the conditions were a bit of a lottery for all the drivers with the track damp in patches but drying quickly. He kept the lead off the line ahead of Vettel, who came under investigation for lining up out of position on his grid slot. The German, though, stayed second, fending off Valtteri Bottas in the other Mercedes, who had started third. Lance Stroll, the 18-year-old rookie, spun off the track on the first lap after making contact with Force India's Sergio Perez. The Canadian beached his Williams in the gravel, bringing out the virtual safety car. Vettel took the opportunity to dive into the pits to change to dry weather tires. His gamble backfired when Antonio Giovinazzi — standing in for Pascal Wehrlein at Sauber — crashed, bringing out the actual safety car two laps later. The four-times world champion found himself bottled up behind Ricciardo and his slower team-mate Kimi Raikkonen, costing him valuable time. As the trio squabbled for position, Hamilton pulled clear at the front. By the time Vettel managed to get past, with a series of spectacular overtaking moves that included banging wheels with his former team-mate, Hamilton was too far ahead.