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1962 Ferrari 250 GTO Sells For $38 Million At Auction

A 1962 Ferrari 250 GTO became the most expensive car ever sold during an automotive auction Thursday night when a buyer paid $38 million for the vehicle at a Bonhams event. Only 39 of the racers were ever built, and it is a favorite among collectors. One reportedly sold for $52 million in a private sale. If true, it would be the most expensive car ever purchased. Another Ferrari GTO built for legendary racecar driver Stirling Moss sold for $35 million in 2012. Thursday's sale broke the auction record set at a Goodwood auction last year of a Mercedes W196R that was driven by Juan Manuel Fangio to wins in the 1954 German and Swiss Grand Prix races by $8 million. Pretty good for a car that went to the auction block with no reserve, meaning there was no minimum price set for the sale of the car, though bidding started at $11 million, according to the Los Angeles Times. The Ferrari 250 GTO was the star of the show, but it wasn't the only rare Ferrari on the auction block. Bonhams brought ten of the most collectable Ferraris in the world on stage, including a 1962 250 GT Short-Wheelbase Speciale Aerodinamica that went for $6.875 million, a 1953 250 Mille Miglia Berlinetta driven to racing victory by Phil Hill for $7.26 million and even a 1978 312 T3 Formula One car for $2.31 million. All told, the Ferraris sold for $65.945 million, according to Autoblog.

Lego Ferrari F40 built a brick at a time on time-lapse video

The Ferrari F40 stands as an icon of its era and might be the greatest supercar of all time. The wedge-like shape and squared-off headlights scream high-performance of the late '80s, and the 2.9-liter twin-turbo V8 makes a magical sound behind the driver's ear. As much as we'd all love to park one in our garages, owning one of these Italian masterpieces is out of the budget for most of us because prices push $1 million or even more for an LM. Even if you can't afford the real thing, Hagerty presents a much less expensive option in a video that puts a version together using Lego pieces, one brick at a time. Starting from only two bricks, the Ferrari slowly comes together, and it's fascinating to watch the supercar take shape. First, the plastic version of the famous engine emerges, and then the red body gradually appears. The video lets you see hours of work at the kitchen table happen over just one minute. According to Lego's website, its F40 kit sells for $99.99 and includes 1,158 pieces. The finished product doesn't make the real thing's bombastic sound but is at least a more affordable gift for the holidays. Related Video:

Ferrari World May Be Comming To North America | Autoblog Minute

Ferrari has plans for parks in China and Spain and soon we could see a Ferrari World in North America.