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Ferrari 400 Superamerica leads $60M RM Sotheby's sale at Amelia Island [w/video]

Just last month, two of the most venerated auction houses came together under one roof. And this past weekend, the newly christened RM Sotheby's held its first event at the Amelia Island Concours d'Elegance, selling a record $60 million worth of classic automobiles. The event's highlight was surely the gorgeous 1960 Ferrari 400 Superamerica SWB Cabriolet pictured above. Resplendent in dark green over a red leather interior, this particular Superamerica set a record for that model when it sold for $6.38 million, with proceeds going towards a children's education charity. That price far outstrips the record $4 million that Gooding & Co. got for that sleek white Aerodinamico coupe in Scottsdale earlier this year. Among the other seven-figure items were of course some other Ferraris, including a rare '72 Daytona Spider that went for $3.3 million, along with a smattering of Jaguars, Mercedes, Alfas, Lamborghinis and Bugattis. A rare 2007 Ferrari 599 GTB Fiorano with a manual transmission sold for nearly triple its estimate at $682,000, and the Daytona-winning, Castrol-liveried 1988 Jaguar XJR-9 sold for over $2 million. Of course RM Sotheby's wasn't the only company holding an auction during the Florida concours. But as the event's official auction house, it brought in more than all the other participating auctioneers combined, setting a record for Amelia Island in the process. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

F1's Sebastian Vettel says mistakes happen but he's not making too many

SPIELBERG, Austria — Ferrari's Sebastian Vettel has hit back at suggestions he has been making too many mistakes to win this year's Formula One championship. The German, a four-time world champion like Lewis Hamilton, was penalized at last weekend's French Grand Prix for colliding with his Mercedes rival's Finnish teammate Valtteri Bottas at the start. Vettel ended up fifth after coming back through the field. That left Vettel 14 points behind Hamilton after eight races, with both title contenders on three wins each and the German having started half the races from pole position. "It's racing. There are some errors you shouldn't do, some errors that happen. It depends on the type of error," Vettel, in good spirits, told reporters ahead of Sunday's Austrian Grand Prix. "I've had a lot of races. It happens, unfortunately, at times. I try to minimize it, but I'm not worried. I don't think there is something fundamentally wrong," he added. "I think we know what we are doing — I hope I know what I'm doing most of the time, so I should be fine." The German lost places in Azerbaijan in April, when he started on pole but finished fourth, after he made a bid for the lead, locked up and ran wide following a safety car re-start. In China, a collision with Red Bull's Max Verstappen dropped him down the order, after the pre-race favorite had initially made a good start from pole. Hamilton has meanwhile gone 33 successive races in the points, and his off days have been less costly than the Ferrari driver's. "It's a long way to go, and it's normal some things happen along the way," said Vettel. "Obviously you are trying to push the limits. It didn't cross my mind when I was in Baku to just stay behind, surrender, and maybe wave another person past, just to collect some points," he added. "That's not how I define racing. I tried to go for the gap, I went for it, it was there, and I didn't make it. It didn't work. Sometimes it works out, and it's great. Sometimes it doesn't." Reporting by Alan Baldwin

Ares Design turns the Ferrari GTC4Lusso into a 412 revival

Ares Design has a second project on the go for this year, after its beautiful Ares Design Coupe for the Bentley Mulsanne. The Modena, Italy, coachbuilder released renderings of its Project Pony — Ares gives "Project" codenames to cars in development — that turns a Ferrari GTC4Lusso into a modern 412. The conversion is the next in the firm's Reborn Legends group, coming after the reimagined Ferrari 250 GTO based on the 812 Superfast. This particular writer is ambivalent about the GTC4Lusso and a huge fan of the 412, so I think Project Pony an outstanding way to turn a shrug into "Buy with One-Click." For those unfamiliar, the 412 was a passionately unloved four-seat Ferrari from the 1980s, the last in a series of front-engined V12 grand tourers that began with the 1972 365 GT4 2+2. Named for the displacement of a single cylinder, the engines got larger and more advanced, through to the 412 that ended production in 1989. The 1985 model introduced the brand's first automatic transmission, a General Motors unit just as derided as the rest of the car, but which sold better than the manual. This was the era when Tom Selleck's Magnum P.I. made the 308 a must-have poster, when Don Johnson's Testarossa made every boy question the payroll policies of the Miami Police Department, when the 288 GTO showed what a car would look like if it were half "The Godfather" and half Sophia Loren, and the F40 generated gravitational waves. The 412, meanwhile, lived in a damp hut on marsala dregs and stale polenta. Ares Design retained the GTC4Lusso's side vents but without the strakes, the door handle, and taillight arrangement. Every other exterior line got redrawn. New carbon fiber body panels include pop-up headlights in front and transverse vents on the hood. The bread-van profile gives way to a sharply raked C-pillar that falls into a gently sloped trunk just long enough to balance the front end. The rear diffuser shoots up to mimic the original coupe. Chrome frames the side glass and B-pillar for an authentic '80s look, with the retro 412 wheels the finishing touch. The reupholstered 2+2 interior replaces the rounded forms on the instrument panel with squared-off angles, down to the square vents instead of the original round units. There's a round steering wheel, too, as opposed to the flat-bottomed GTC4Lusso wheel.