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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.

2017 Ferrari California T Handling Speciale First Drive

There was a time when snow, rain, and even thick traffic were higher up the list of Ferrari's enemies than Porsche. These were mostly weekend cars, but even wet roads would see them snugly tucked up in their heated garages, and not just because to avoid scrubbing muddy shoe prints out of the carpets. Some of them were difficult enough to handle in the dry, and slick pavement sure didn't make them any more tolerant. The hottest modern Ferraris still don't enjoy being stuck in heavy traffic. Not for any mechanical reasons, mind you. They just don't bother hiding their utter disregard for the mundane, or their disregard for a driver forcing them to endure it, because they feel it's beneath them. And it is. That's where the California came in. Launched in 2008, the retractable-hardtop convertible is the most approachable in the company's range. It was aimed at newly moneyed buyers who weren't saturated in supercar folklore and wanted the badge, but not necessarily all of that attitude. Some, but not all. There are those California buyers who want the convenience with a little more attitude and the trademark crankiness. So, as it did with the original California, Ferrari has added a Handling Speciale Package to the new turbocharged California T's repertoire. This $8,120 option turns the least expensive Ferrari into something that's stiffer and faster and more fun, and the trade-off is a slightly firmer ride, all the time. 30 percent of Ferrari buyers would be happier to dump some of the California T's comfy ride in favor of more grip and more crankiness. Ferrari has left the core of the California T's engine untouched, so the 3.9-liter, twin-turbo V8 still has 557 lb-ft of torque from 4,750 rpm and 553 horsepower at 7,500 rpm. Like on every California T, the engine's boost manager only lets you access 442 lb-ft in the first three gears, with each successive gear unlocking a little more torque until you reach seventh, where the maximum is available. This helps make the California T drivable and has the added benefit of flexibility once in the tall top gear. While that is all stock on the California T, the seven-speed dual-clutch Getrag gearbox is the first part of the car to receive the Handling Speciale treatment. Ferrari rewrote its software to make it shift more aggressively both up (30 percent quicker) and down (40 percent quicker), particularly in the car's two sportier driving modes.

World Car of the Year finalists announced

To say the 2014 Geneva Motor Show was packed full of news is an understatement as big as the show's home at the Palexpo convention center. Despite everything that we were able to cover during this year's show, there's still more coming out of Switzerland, including the announcement of the finalists for the 2014 World Car of the Year Awards.
We reported on the original list of finalists over three weeks ago, and now, that initial list has been pared down to three finalists for each of the five awards. The finalists were announced at a press conference by frequent Autoblog contributor and co-chair of the awards, Matt Davis (above).
The finalists for the overall title of 2014 World Car of the Year are the Audi A3, the BMW 4 Series and the Mazda3. The World Luxury Car of the Year will be either the Bentley Flying Spur, the Mercedes-Benz S-Class or the Land Rover Range Rover Sport, while the Performance Car of the Year will be awarded to the Chevrolet Corvette Stingray, the Ferrari 458 Speciale or the Porsche 911 GT3 (which, um, yeah...).