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Meet the man who sold his Ferrari 250 GTO for a record $48 million

We all took notice back in August when a 1962 Ferrari 250 GTO sold at RM Sotheby's in Monterey, bringing a record price for a car at auction: $48.4 million. The man who benefited — both from the proceeds and from his 18 years owning one of the rarest, most desirable cars in the world, chatted recently with Seattle Times columnist Nicole Brodeur about what it was like to say goodbye to such a beautiful machine — and how he's able to console himself with a serious collection of other fine cars. Despite the car, the third of 36, being "one of the most significant Ferraris ever built, bar none," in Sotheby's words, Brodeur says Whitten regularly toodled around in it in Redmond, Wash. — to lunch, on errands, to car shows — Redmond being a place where you do see an awful lot of incredible daily drivers streaming into the Microsoft campus. Whitten, now chairman of Numerix, a financial software company, was one of Microsoft's earliest employees, hired in 1979 by the late Paul Allen himself. He describes what it was like to be sitting on the front row at Monterey when the gavel came down. Even for a multimillionaire, multimillions being thrown around by three bidders for a single car is "very hard to fathom," he told CNBC. "But you're in a space where you have car collectors, and Ferraris are the most collectible car, and the GTO is the pinnacle Ferrari." "I miss it a little bit," Whitten says. But the world is full of wonderful cars, and an awful lot of them are tucked away in his warehouse. Plus, Whitten spent more than $2 million on the same night the GTO sold, picking up another Ferrari and three vintage Jaguars, including a 1967 E-Type as a birthday present for his wife, Michelle. In the column, he reflects on his beginnings as a driver — as an 11-year-old wheelman helping his brother deliver newspapers in their parents' station wagon. And on being a broke mathematics doctorate whose first car was a Dodge Dart. And on the beginnings of his collection when the Microsoft millions kicked in; on purchasing a 1935 ERA 1.5L Grand Prix racer from a Thai princess; and that time he hit 174 mph on an airport runway. Here's the column, if you'd like to learn more about a guy who sounds like he's had a pretty great life. And below are two videos put out by Sotheby's ahead of the auction. In the first, Whitten drives the Ferrari, talks about his love of cars — and you get a glimpse of his collection. The second video describes the car's considerable provenance.

Ferrari's bid for review of penalty against Vettel is rejected

LE CASTELLET, France — Formula One stewards on Friday dashed Ferrari's hopes of overturning a penalty that denied Sebastian Vettel victory in Canada, ruling that the Italian team had not presented significant and new evidence. Vettel, who finished first in Montreal on June 9 but was demoted to runner-up behind Mercedes' Lewis Hamilton after a five second penalty, told BBC radio he was disappointed with the outcome. Ferrari team boss Mattia Binotto, who had sought a review of the Montreal decision, echoed the sentiment and told reporters the matter was now closed. "As Ferrari we are all very unhappy and disappointed. We are disappointed certainly for Ferrari but for the fans and for our sport," he said. The Italian team believed they had 'overwhelming' proof to trigger a review but the FIA revealed some of that was Sky Sports' television analysis carried out by Indian racer Karun Chandhok. The Indian, who raced in Formula One for now-defunct tail-end teams Hispania and Team Lotus in 2010 and 2011 without scoring a point, was apparently unaware that his opinion formed part of the evidence. "Er... so, can I send you an invoice Ferrari? I mean, lawyers send bills whether you win or lose a case so...!!," he said on Twitter. The stewards decided Chandhok's video was "new but not significant and relevant" and the "personal opinion by a third party." The ruling means that Hamilton, a five-times world champion, has his 29-point lead over teammate Valtteri Bottas confirmed. He's 62 points ahead of Vettel. Mercedes has won all seven races this season, and nine in a row in total, and are favorites to chalk up another in France on Sunday. Ferrari sporting director Laurent Mekies had said earlier that the team believed the evidence to be "quite overwhelming when it comes to establishing that Sebastian did not breach any regulations." The stewards clearly found it underwhelming. They said footage of Vettel's face camera was previously available, as were analysis of telemetry data, camera angles from the car, post-race video images and the German's witness statement. The right of review calls for a team to present significant and relevant new evidence that was not available at the time of the decision. The stewards, whose ruling is final, had sole discretion to determine whether such a new element exists.

Ken Block's Gymkhana 8 to feature Dubai Police cars?

Yesterday we showed you the shiny Ford Fiesta that Ken Block will slide, spin, and hoon through the next Gymkhana video. In case the image above isn't clear, that video will drop at midnight EST on February 30th on the Ford Performance YouTube channel. We don't know all the entire premise of the video yet, but this Tweet from the man himself reveals that the video will be set in Dubai. Block is standing on the Fiesta we saw yesterday, and arrayed behind him are a handful of those famous Dubai Police cars you're probably familiar with. The force has a fleet of sportscars and supercars, and the purpose is outreach and goodwill among its citizenry, not necessarily the pursuit of criminals. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. From left to right, we can see a Maserati GranTurismo, Porsche 911, what looks to be a Nissan GT-R obscured by Block's Fiesta, a McLaren (likely a 650S), Ford Mustang, and a Ferrari 599 of some ilk. Will they take part? Maybe Block will try and run from what might be the most horsepower-intensive police fleet in the world. We'll have answers (and a few minutes of pure Block hooniganism) in a few days. Related Video: