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1964 Ferrari 250 LM sets Arizona auction record at $9.6 million [w/video]

We've seen some high-priced metal come up under the hammer in Arizona over the years, but the one you're looking at right here is the most expensive ever sold during the famous auction weekend. It's a Ferrari 250 Le Mans from 1964, the ninth of just 32 examples made. And RM Auctions just sold it for $9,625,000. That doesn't make it the most expensive Ferrari ever sold at auction, or even the top price paid for a 250 LM: according to figures from Sports Car Market, the same auction house has handled the top five highest-grossing 250 LMs of all time, including the 1965 Le Mans winner that sold in New York in 2013 for $14.3 million and another that sold last August in Monterey for $11.5 million. But it does make this example, according to RM, "the most valuable automobile sold in Arizona auction history." One of the earliest mid-engined Ferraris, the 250 LM was the last of Maranello's Le Mans winners. This particular example, chassis number 5899 GT, was sold by the factory to the famed Swiss racing team Scuderia Filipinetti, winning the Sierre-Montana Crans Hill Climb fresh out the box, followed immediately by another win at the XV Coppa Inter-Europa at Monza – both at the hands of Ferrari F1 and Le Mans drivers. After Filipinetti was done with it, 5899 GT was displayed at the Geneva Motor Show, was sold off the stand and changed hands a few more times – including one owner who oddly replaced the bodywork with that of a Porsche 906 Carrera 6 and another who swapped out the engine. It went on to win many more races, and was ultimately reunited with its original engine and proper bodywork. Restored several times over, 5899 GT was certified ten years ago by the Ferrari Classiche department and was even displayed at the factory museum in Maranello. The 250 LM wasn't the only noteworthy lot RM sold this weekend in the Frank Lloyd Wright Ballroom at the Arizona Biltmore, though. Several other Ferraris sold in the millions, from a '67 275 GTB/4 that sold for $3.6 million to a 2005 FXX Evoluzione for $1.6 million. The '71 Lamborghini Miura SVJ that was tipped to break the $2-million mark ultimately sold for under $1.9M, and the '84 Audi Sport Quattro ultimately dropped right in its estimate range at $401,500. All told, RM sold 90 percent of the metal it was consigned for the event, bringing in a whopping $63.7 million in sales. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Valtteri Bottas on pole for Formula One's 1,000th race

Valtteri Bottas will start Formula One's 1,000th world championship race from pole position after leading Mercedes team mate Lewis Hamilton in a front row lockout at the Chinese Grand Prix on Saturday. Ferrari's Sebastian Vettel qualified third, ahead of 21-year-old Monegasque team mate Charles Leclerc who was unable to repeat his Bahrain Grand Prix pole of two weeks ago. Bottas, who won the season opener in Australia and leads defending champion Hamilton by one point in the standings, was the third different driver to take pole this season in three races. "The lap was OK, not completely how I wanted. Luckily it was good enough for pole," smiled the Finn, who pipped Hamilton by 0.023 seconds after setting a best time of one minute 31.547. "Lewis also managed to improve a lot during the qualifying and it was super-close." The pole was a first for Bottas since Russia last September and the seventh of his career. It was also his first in China where Mercedes have won five of the last seven races. Hamilton sounded happy just to be on the front row, despite six previous poles in Shanghai, after looking out of sorts in practice. "I didn't give up, I kept pushing right to the end. Big congratulations to Valtteri, he's been stellar all weekend and I've been struggling and fighting the car," said the Briton. "To be as close as we are at the end is fantastic. An incredible result for the team. There was a little bit more time left on the table there but that's cool, I'll try and get it tomorrow," added Hamilton. UNHAPPY VERSTAPPEN Ferrari had arrived in China as favorites after showing their speed in Bahrain, particularly on the straights, with Leclerc on pole and leading until a loss of engine power in the closing laps. While unable to match the quick-cornering Mercedes cars for overall pace in Shanghai, Vettel hoped to be closer on Sunday thanks to the track's main straight being more than a kilometer long. "I think there was maybe a little bit more but overall not enough to beat these guys today," said the 31-year-old German, a four times world champion. "If we get close we could have an advantage in a straight line." The top 10 positions went two-by-two in team order, with Red Bull's Max Verstappen and Pierre Gasly fifth and sixth and ahead of the Renault pair of Daniel Ricciardo and Nico Hulkenberg – the Australian just 0.004 ahead of the German.

The new Ferrari 812 Superfast has a 789-hp V12, is self-explanatory

You're looking at the replacement for the F12 Berlinetta. Gorgeous, right? While in keeping with the recent styling success of Ferrari cars, this one bucks a trend. Unlike the last three updated models from Maranello – the GTC4 Lusso, California T, and 488 GTB – the 812 Superfast doesn't use turbos. Instead, it continues with a naturally aspirated V12. A bigger, more powerful one. And of course, this front-engine supercar GT will be super fast. The 812's twelve-cylinder displaces 6.5 liters, up from the F12's 6.3. Power stands at a round 800 CV, which translates to 789 horsepower, while torque is up to 530 pound-feet. For reference, the 6.3-liter in the F12 makes 731 hp and 508 lb-ft, while the F12 Tdf's massaged version puts out 769 hp and 520 lb-ft; the LaFerrari's engine made 789 hp, which was boosted further with the addition of an electric motor. So this 6.5-liter is tied for the title of most powerful Ferrari road-car engine, and it makes this the most powerful front-engine Ferrari ever, which is neat. It's supposed to reach 62 mph in 2.9 seconds and reach a top speed of 211 mph. Yep, super fast. Max power is again made at a screaming 8,500 rpm and the torque peaks at 7,000. More displacement means more output, but Ferrari also switched to a higher-pressure fuel system and variable-geometry intakes to squeeze even more out of its big V12. The company's seven-speed dual-clutch transmission gets its own gear ratios to handle the power in this application. One big change is the car's switch from hydraulic to electric power steering. It's the first Ferrari road car to use EPS, and the company assures us just makes things better by working with the other chassis systems, like Side Slip Control. The 812 Superfast also gets the second version of Virtual Short Wheelbase, Ferrari's name for rear-wheel steering. Ferrari says the updated design is supposed to be reminiscent of the 365 GTB4 from 1969. We say it's just plain pretty either way. There are active flaps at the front and some kind of new air bypass at the rear to improve downforce, and which sounds a lot like something out of Formula 1. The launch color seen here is the special Rosso Settanta, which is in celebration of the company's 70th anniversary. The interior has been updated a bit as well, with a reshaped dash top (featuring one fewer air vent) and new controls on the steering wheel.