1987 Ferrari Mondial 3.2 Cabriolet on 2040-cars

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This 1987 Ferrari F40 LM is for the millionaire who dares to be different

Throughout the past decade, the Ferrari F40 has become one of the most highly regarded and highly coveted supercars ever built. When cars become so iconic, any red model no longer excites. It's the specialty models, such as this stunning light blue Le Mans example, that catch the real attention at an auction house. This 1987 Ferrari F40 LM is expected to go for up to perhaps $6,280,000 at the upcoming RM Sotheby's in Paris on February 6 during Retromobile week. According to RM Sotheby's, the Pilot exterior livery makes this one of the most recognizable F40 LMs ever built, although that pool is extremely small. Only 19 F40s were ever created by Michelotto to LM or Competizione spec. Chassis No. ZFFGJ34B000074045 is reported to be only the third F40, not just of LM F40s, of all F40s built. It was a pre-production prototype, and the car's insane history doesn't stop there. It also participated in the 24 Hours of Le Mans in 1995 and 1996, yet finished only 12th in 1995 (it did win the 1995 Anderstorp 4 Hours). That's shocking considering the engineering and power this car is known for. In Michelotto LM spec, the twin-turbocharged V8 was uprated to more than 700 horsepower using enlarged turbochargers, bigger intercoolers, and a better Weber-Marelli fuel injection system. Using tech learned from the Group B 288 GTO Evoluzione development, it also had a stiffer chassis, an upgraded transmission, better brakes, and altered exterior aero equipment. Rated at about 2,350 pounds, it was one of the fastest cars on the planet at the time. Wherever this car goes, we hope the owner takes advantage of its eligibility for numerous racing events. Several other Ferraris will also roll across the auction stage, including a 1996 F50, a 1966 275 GTB/6C Alloy Berlinetta, a 2011 SP30, a 599 SA Aperta, a 2003 Enzo, and a 2006 Superamerica. Outside the Ferraris, the 1994 Bugatti EB110 Super Sport is catching our eye. Featured Video:

Model waves checkered flag too soon at F1's Canadian Grand Prix

MONTREAL — Formula One said on Sunday it will review its procedures after the Canadian Grand Prix ended in confusion and embarrassment when a celebrity waved the checkered flag a lap too soon. The gaffe did not affect the outcome of the race, which was won by Ferrari's Sebastian Vettel, but the German said he was left double-checking his lap counter while checking in with his pit before carrying on to run the full 70 laps. "Fortunately we had radio, fortunately I had the lap count in the car, and the pitboard was accurate — but if you lose radio and maybe the pitboard is not there, then you back off," said Vettel after notching his 50th career win. "I was just worried, I told them also on the last lap, then people don't jump on the track, waving flags and celebrating, because we're still going at full pace." The official results were later determined based on the 68th lap to avoid any impact the early flag might have had. Formula One race director Charlie Whiting said the error was caused by simple miscommunication between the official starter and crew in the starter's tower, which resulted in model Winnie Harlow — a friend of Mercedes world champion Lewis Hamilton — waving the flag prematurely. "It was a miscommunication between the start platform and the guy they call the starter here," explained Whiting. "He thought it was the last lap and asked them at the top to confirm it, they confirmed it. "They thought he was making a statement when in fact he was asking a question. "He told the flag waver to wave it a lap early. It was as simple as that, it wasn't anything to do with the fact it was a celebrity flag waver. "The celebrity was not to blame." Celebrities are often given the honor of waving the checkered flag at motor races, which has occasionally resulted in unintended flubs. Brazilian soccer great Pele famously reacted too late when Ferrari's Michael Schumacher won at Sao Paulo's Interlagos circuit in 2002, brandishing the flag instead as the later finishers appeared. While the incident on Sunday produced shrugs and even a few chuckles, there were also very real safety concerns, as course workers often come out of their safety areas to stand alongside the track waving flags. "We need to review procedures and make sure we have a very simple procedure for every circuit," added Whiting. "We're dealing with different human beings, different countries, different languages and it's not always absolutely perfect.

Red Bull may seek engines from Ferrari after Mercedes snub

Red Bull and Renault's fractured relationship is pushing the Austrian F1 team to find a new engine provider. But after a trip across the German border to chat with Mercedes-Benz proved fruitless, the team is apparently set to head across its home country's southern border, and into Italy. Yep, Red Bull Ferrari could be a thing next season. According to RBR boss Christian Horner, the company is just doing "necessary due diligence" in contacting other engine suppliers, although he's willfully admitted to Germany's Bild newspaper that the "idea of Mercedes is finished," BBC Sport reports. It wasn't so much that Mercedes and Red Bull couldn't come to financial agreement – Red Bull owner Dietrich Mateschitz views throwing money into F1 in much the same way you or I toss pennies into the mall fountain – but rather that the Germans had no interest in supplying the best engines on the grid to the factory team's perennial rival. BBC Sport seems to think that fact, along with what the outlet calls Red Bull's "antagonistic" relationship with engine suppliers, killed the Mercedes deal. Honda and RBR aren't likely to happen either, thanks to McLaren (not that we think Red Bull would approach the Japanese, which have struggled mightily all season long). By process of elimination, that just leaves Ferrari. Scuderia Ferrari Team Principal Maurizio Arrivabene confirmed that his team can accommodate Red Bull's engine needs, and that he wasn't concerned with the idea of a Ferrari engine in an Adrian Newey-designed body. "In theory they have big names, with Newey as chief designer and it is easy to think that if you give them the engine they will build a scary chassis, which means they will be really competitive," Arrivabene told BBC Sport. "Concerning my team, my engineers and aerodynamicists know their own jobs. For that reason I don't have a problem, and competition is nice when you have a stronger competitor." "This doesn't mean tomorrow morning we will give our engines to Red Bull or Toro Rosso," Arrivabene added. And it's that statement we'd suggest remembering. There are, after all, still seven races left in the 2015 season, which is quite a lot of time for new and different developments within the sport's notoriously gruesome political process. In other words, don't count on an announcement from any team or manufacturer for at least a few more races. Related Video: