1985 Ferrari Mondial Quattrovalvole Convertible 2-door 3.0l on 2040-cars

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1962 Ferrari 250 GTO with $45M estimate most expensive car offered at auction

Not long after a 1963 Ferrari 250 GTO was sold for a staggering $70 million, another is coming up for sale. At RM Sotheby's Monterey sale in late August, a 1962 250 GTO carries a pre-auction estimate of more than $45 million. Reportedly all original 250 GTOs built between 1962 and 1964 have survived, and they are all worth serious money. This 250 GTO, chassis number 3413GT, started its life as a works car tested by American racer Phil Hill at the 1962 Targa Florio road race. The third one built in a 36-unit production run, the car won numerous races in the hands of its first private owner, Edoardo Lualdi-Gabardi, who won the Italian National GT championship with it. Later on, Gianni Bulgari of Bulgari jewelry fame continued to race the car, and miraculously it was never crashed, nor did it have to discontinue a race. Despite that, 3413GT received a new, Series II specification body by Carrozzeria Scaglietti in 1964. The Ferrari was last sold in 2000 for an already respectable $7 million, and it wasn't stowed away for two decades: it's been seen at countless classic events and vintage races. RM Sotheby's says the car has been maintained in "highly original" condition, and it will be interesting to see how it performs at the auction, compared to a previous 250 GTO auction record of $38 million in 2014. At the very least, 3413GT's estimate makes it the most valuable car ever put up for auction. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 1962 Ferrari 250 GTO auction Image Credit: RM Sotheby's Ferrari Auctions Car Buying Racing Vehicles Performance Classics RM Sotheby's ferrari 250 gto 1962 ferrari 250 gto ferrari auction

Hennessey twin-turbo Ferrari 458 boasts 738 hp, 0-60 in 2.8 seconds

Hennessey Performance Engineering, hot off the heels of its Bugatti Veyron-crushing Venom GT, set its sights on modifying one of the finer Ferrari models. The resulting HPE700 Twin Turbo 458 is a badder, faster 458 Italia with a twin-turbo upgrade that adds 168 horsepower to the already potent 4.5-liter V8. That's 738 hp, which, paired with the extra 134 pound-feet of torque, for a total of 532 lb-ft, is good for a 2.8-second 0-60 run.
Low-inertia ball-bearing turbochargers are used to boost the power, and an air-to-water intercooler makes sure the air surging into the combustion chambers is as cool and dense as possible. Twin wastegates and blow-off valves relieve extra boost pressure and, in addition to a new stainless-steel exhaust system, add some new noises to the 458's soundtrack. The V8 is boosted to a relatively mild 7 psi maximum and maintains 6 psi on its way up to redline. A reflash of the engine control unit brings the package together. HPE is confident enough about its wares that the $59,995 upgrade also comes with a one-year/12,000-mile warranty.
The HPE700 Twin Turbo 458 is set to be unveiled on Friday at the Concorso Italiano located at the Laguna Seca Golf Ranch, which is part of California's Monterey Car Week festivities. It also can be viewed on Saturday in the paddock at Mazda Raceway Laguna Seca for the Monterey Historics Rolex Monterey Motorsports Reunion vintage car races. Check out the press release below for the full details, as well as a video of the Ferrari in action.

Ecclestone against F1 cockpit protection

Bernie Ecclestone has made it clear that he is not a fan of the Red Bull Aeroscreen, which was tried by Daniel Ricciardo on Friday, in Sochi. The FIA will continue to study both the Red Bull device and Ferrari's Halo, and will make a decision by July 1 about which will be added to the 2017 rules. "We're going to get a lot of pitstops now when they have to stop to clean the screen and things," he said when asked by Motorsport.com about the Aeroscreen. "That will be good." Asked if he liked the look of it or preferred the Halo, he said: "Not particularly. I don't like any of them," adding that the sport should do "nothing" with regard to cockpit protection. "I just think to try to simulate something when you've got a stationary object, and you're firing a tyre at it, when in the race when the wheel has come off normally both cars would be moving. "So how can you simulate it by having a car stationary? And how would you ever know what's going to happen with a wheel anyway? "If it hits the thing it would probably bounce off anyway. So I don't know," Ecclestone added. Quizzed on Lewis Hamilton's suggestion that danger was part of the appeal of the sport he said: "In his case I don't know whether the money made any difference as well. "We can make it more dangerous if he wants." Related Video: This story, by Adam Cooper, originally appeared on Motorsport.com, the world's leader in auto racing news, photos, and video. Image Credit: Dan Istitene/Getty Motorsports Ferrari Safety Racing Vehicles F1 bernie ecclestone halo