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How this Ferrari 250 GTE became Rome's most famous police car

We're used to seeing fancy cars gifted to or bought by certain international police forces today, but the story of this 1962 Ferrari 250 GTE goes well beyond a gift. Because Rome's anti-organized-crime unit, Squadra Mobile, was doing a terrific job in the early '60s, the Italian president asked what they wanted as a token of appreciation. The answer, meant as a joke, was "A Ferrari." The president, in all seriousness, got them two.
One was almost immediately destroyed during testing, the other remains in the care of Alberto Capelli today, whose father began attending military and government auctions just after World War II. Petrolicious visited Capelli to hear the 51-year-old tale of the most precious cop car you're going to see for a while, and it involves outlaws, a French gangster in a Citroën, a policeman who was offered a spot on the Ferrari factory team by Enzo himself, and more. It's a fantastic yarn, and you can watch the whole story below.

Ferrari releases teaser video for 458 Speciale

As is the specs weren't enough, Ferrari is helping us get ready for the reveal of the 458 Speciale at the Frankfurt Motor Show with a short teaser video. You won't get much in the way of a full-body modeling session, naturally, but there are plenty of close-ups of its intakes, scoops, vanes, seriously racy bucket seats and lots and lots of carbon fiber.
And showing how omnipresent on-camera surveillance can sometimes be a good thing, the harder 458 has already been caught being tinkered with in digital photos taken at Maranello. For the moving pictures, however, there's that video below.

Ferrari 250 GTO heading to The Quail with no reserve

It's not every day that a Ferrari 250 GTO changes hands. It is, after all, one of the most highly coveted cars ever made, and there were only 39 of them built in the first place. So when one goes up for sale, it tends to fetch millions. Tens of millions, actually, and the prices keep escalating.
Throughout most of the 1980s they were trading hands for six figures. In 1989 one sold for $10 million. A few months later, $13 million. Prices fluctuated in the 90s, but by 2012, one sold for a whopping $35 million, eclipsed the following year at $52 million. Nobody knows what the next one will sell for, but we're about to find out.
That's because Bonhams has got one consigned for its upcoming auction at the Quail Lodge during Monterey weekend next month. And it's offering it without reserve, meaning that it could sell for the opening bid (however unlikely), it could break the previous record or it could land anywhere in between or beyond.