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1933 Duesenberg tops Mecum Auctions' Monterey results at $3,850,000

Mecum Auctions had three Duesenbergs on offer at the Monterey Car Week's auction event, and the most valuable of the three was the achingly beautiful, one-of-one Bohman and Schwartz-built Model J Disappearing-Top Roadster in white over red, for $3,850,000. Duesenberg reportedly utilized as many as 32 coachbuilders to build custom Model Js, and this one with Hollywood history is unique thanks to its bodywork. In comparison, a 1929 Murphy-bodied Model J Convertible Sedan brought in "just" $1,155,000. The second highest price in Mecum results was achieved by a practically undriven, 307-mile 2014 Ferrari LaFerrari. The Rosso Corsa example slotted in neatly compared to its $3,000,000 to $3,300,000 estimate, finishing at $3,190,000. Another LaFerrari, a yellow one with 419 miles, remained unsold at $3,200,000. Number three is also a Ferrari, an Enzo at that. The 3,150-mile 2003 Enzo, in red over red, finished at $2,860,000. After a string of street cars, the fourth highest Mecum auction price was achieved by the 1989 Daytona 24 Hours, 1989 Palm Beach Grand Prix and 1989 Porsche Cup USA winning Porsche 962. The list of drivers with stints behind the Busby Racing 962's wheel is impressive reading: Derek Bell, John Andretti, Mauro Baldi, Jochen Mass and Brian Redman just to mention a few. Chassis 962-108 had the honor of claiming the 50 th win for a 962 in international competition, at Daytona 24 Hours, and that victory was also Derek Bell's final 24-hour endurance win. As Mecum notes, Bell has called this 962 as his favorite Group C Porsche. It has been in collector hands since 1989, and the selling price reached $2,200,000. The fifth car is a very significant Lamborghini Miura: an unrestored original with its factory coat of red, it is the second Miura P400S model built, and the earliest known S survivor. It has just 28,613 miles on its odometer, and it still wears the Pirelli Cinturatos it was given at the factory. Among all Miuras, this 1969 car is certainly a unicorn, and as a result it sold for $1,155,000. The rest of the top 10 sellers from the Mecum auction follow: 1929 Duesenberg Model J Murphy Convertible Sedan, $1,155,000 2012 Dallara DW12 Honda Indy Car, $1,127,500 2017 Ferrari F12tdf Coupe, $1,045,000 1936 Auburn 852 Supercharged Speedster, $1,017,500 1973 Ferrari 365 GTB/4 Daytona Coupe, $825,000 Related Video: Featured Gallery Mecum Auctions Monterey 2018 View 10 Photos News Source: Mecum AuctionsImage Credit: Mecum Auctions Misc.

Ferrari 488 Pista Prototype Drive | Pants-soiling straight-line performance

Independent studies confirm that Lotus Elise drivers are 221.6 times more likely to spontaneously dispose of light-colored undergarments after driving on curvy roads. That's because the weight distribution of a mid-engine car encourages novice drivers to inadvertently ask the rear wheels to pass the fronts in the middle of a corner. Adding insult to staining, the layout's resulting low polar moment of inertia ensures that this rotation happens more quickly than the average person's sphincter-startle clench reflex. The flip side is that even the most powerful mid-engine cars have enough weight over their rear wheels to make straight-line acceleration a worry-free affair. Well, they used to. Full-throttle acceleration in the Ferrari 488 Pista is genuinely terrifying. Wheelspin is a genuine threat at any road-legal speed — and when that happens, its rear end steps out with the same violence as the car accelerates. And that is saying something. The 488 Pista is diabolically quick. Like, hallelujah-hold-on-tight, praise-the-lord, scream-like-a-child and slap-yo-momma quick. Or, in slightly more objective terms, the Ferrari's claimed 7.6-second sprint from a standstill to 200 km/h (124 mph) is but 0.3 second behind that of the 1,000-hp Bugatti Veyron 16.4. When we say quick, we mean QUICK. Perhaps too quick for the road, so it's a good thing the car is literally named after the track. The Pista is the latest in the lineage of harder-core Ferraris that began with the 360 Challenge Stradale. The 360CS, like the F430 Scuderia ("Team") and 458 Speciale ("Special") that followed, was a little quicker than the regular car, a little more devoid of creature comforts and a lot louder. The same basic recipe applies to the 488, though in its transition from GTB to Pista (say "peas-ta"), its engine gets a bigger power boost than any of its predecessors. Boasting 720 metric horsepower, or 710 American ponies, the Pista makes 49 hp more than the already absurdly powerful 488 GTB. The expected weight-savings measures are also present, accounting for a claimed 198-pound reduction in total mass. Ten-percent-stiffer springs and recalibrated magnetorheological dampers offer tighter body control, and Michelin Sport Cup 2 tires conspire with those changes to generate massive cornering grip. But more on that later — the star of this prototype preview drive was the engine, Ferrari's award-winning 3.9-liter flat-plane-crankshaft V8.

Marchionne wants Maserati to be FCA's new Ferrari

Fiat Chrysler Automobiles is gearing up to spin Ferrari, its most profitable brand, off into another company, and float its stock on the open market. That means it's going to need another profit-driver to generate income for the rest of the group. And according to its chief executive Sergio Marchionne, that mantle will soon be picked up by Maserati. FCA is betting big on Maserati, which has long stood as a niche marque with a limited array of models and low sales numbers. In addition to the recently introduced Ghibli and Quattroporte sedans – now crucially offered with diesels and all-wheel drive – Maserati is preparing to roll out the Levante crossover that promises to do for the Modenese marque what the Cayenne did for Porsche. Due in part to the success of its first crossover, Porsche turned itself from a niche sports car manufacturer into an immensely profitable automaker that was (nearly) capable of buying out the entire Volkswagen Group. Maserati's resurgence is part of a two-pronged assault FCA is plotting against its German rivals. Maserati will be charged with taking on the higher end of the Mercedes, BMW, and Audi ranges (from the E-Class, 5 Series and A6 upwards). Meanwhile, Alfa Romeo will go after the lower end of the luxury spectrum with the new Giulia (aimed at the C-Class, 3 Series and A4) and other models to follow. FCA aims to turn Maserati and Alfa Romeo (along with Jeep) into global brands, broadening the narrow geographical appeal they have held until now. In order to generate enough profit to support the rest of the group as Ferrari has, Maserati will need to find a way to increase its profit margins. Bloomberg reports that Ferraris command a 13-percent profit margin, and while the ten percent that Maseratis list for is still triple that of the FCA average, slow sales are forcing some dealers to offer deep incentives that cut significantly into that margin. Related Video: