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Ferrari SP38 is the latest one-off creation from the Prancing Horse

Ferrari has unveiled its latest one-off creation, called the SP38, a road- and track-going car built for "one of Ferrari's most dedicated customers" who has a "deep passion for racing." Swathed in a three-layer metallic red paint finish for its all-new body, the SP38 is built on the chassis and running gear of a donor 488 GTB and took its twin-turbo, twin-intercooler influence from the F40. Stylistically, the car concentrates its visual mass over the rear wheels, with a rear spoiler and engine cover reminiscent of the F40, with a wedge shape that narrows toward the front. "In plan view, the strongly tapered nose expands towards muscular wheel arches, giving the car potency and agility," Ferrari says. The engine cover sheds its rear glass and is a flip-up assembly done in carbon fiber, with three transverse slats to siphon off engine heat. At the back, the trailing edge of the rear spoiler "links seamlessly with the wing and with the aerodynamic diffuser at the bottom to create a suggestive frame surrounding the tail volume." Up front, inset headlights were designed to be as thin as possible, with daytime running lights relocated to a slim bumper lip similar to the 308 GTB. No word on the SP38's powertrain, but it seems likely that it's the 488's mid-engine 3.9-liter twin-turbo V8, which makes 660 horsepower and 560 pound-feet of torque. It'll go on display to the public on Saturday, May 26, at the Concorso d'Eleganza Villa d'Este on Lake Como in Italy. Related Video: Featured Gallery Ferrari SP38 Image Credit: Ferrari Ferrari Coupe Racing Vehicles Performance Supercars supercar ferrari f40 ferrari 488 gtb

Ferrari 250 GT SWB California Spider tops Gooding's Saturday auction at $15.18 million

During the weekend's automotive smorgasbord in Pebble Beach, Ferrari has played a huge roll. Twenty examples of the ultra-rare 250 TR, better known as the Testa Rossa, were prominently on display at the Concours d'Elegance, and the Prancing Horses have been top sellers at many of the auctions. You can chalk up one more on that list with a 1961 Ferrari 250 GT SWB California Spider with a scarce, optional hardtop included going for $15.18 million at Gooding & Company's sale on Saturday night. Ferris Bueller would find it so choice.
In all, the auction house brought in about $60.4 million during the night, and 17 of the cars on the block sold for over $1 million. None of the other cars on Saturday managed quite the stratospheric highs of the California, though. A 1955 Aston Martin DB3S was the second-highest seller at $5.5 million. The next four top vehicles were all Ferraris with final prices ranging between $2.09 million and $2.365 million. Clearly, investors are in love with the Prancing Horse these days.
Check out our gallery, and scroll down to read the auction house's announcement of its top Saturday results.

1962 Ferrari 250 GTO for sale in Germany at $64 million

Prices keep climbing for the Ferrari 250 GTO with virtually no end in sight. In 1969 one sold for just $2,500, but by the 1980s they were trading for hundreds of thousands, then millions, then tens of millions to the point that the last last year, one was reported to have changed hands at $52 million. But now there's a GTO for sale in Germany that could eclipse even that gargantuan price tag.
Ferrari made 39 examples of the 250 GTO between 1962 and 1962, and the item listing on mobile.de doesn't give much in the way of specifics as to which exactly we're looking at. But last we checked, there were only two GTOs in Germany, and the other one was silver. That leaves chassis number 3809GT, which was delivered new in '62 to Switzerland and participated in numerous endurance races and hillclimb events throughout the early 60s. 3809GT has been owned until now by one Hartmut Ibing, who bought it in 1976 when values were in the tens of thousands, not tens of millions. Given how his asset has appreciated so dramatically, and with less than 10,000 miles on the odometers over 52 years, we could understand how Ibing would want to cash out.
Of course we could be mistaken and we could be looking at an entirely different example - the vast majority were, after all, painted red and fitted with blue upholstery just like this one - but either way, we're looking at a price tag of 47.6 million euros. That's nearly $64 million at today's rates, inclusive of Germany's 19 percent VAT rate that adds a staggering $10 million in taxes to the pre-tax price of 40 million euros, which comes in under $54 million but would still be the most ever paid for a GTO (or really, just about any car ever made).