1988 Ferrari Testarossa on 2040-cars

Auto blog

Father's ultra-rare Ferrari to leave family for a good cause

It isn't every day that the rarest of Ferrari models change hands. In fact, you can count your fingers to get the number of 275 GTB/4*S N.A.R.T. Spyders that ever existed. The 1967 Ferrari you see here is one of those ten Spyders, and it has stayed in the same family since it was bought new.
The car was bought through Luigi Chinetti, Ferrari's US importer at the time, by the late Eddie Smith Sr., a Ferrari collector and businessman from North Carolina. Smith kept it - and kept driving it - until the day he died six years ago. Since then, this remarkable machine has been collecting dust. Smith's son, Eddie Smith Jr., spent some time with Petrolicious to give a history of the car and explain why he and his family are going to do the one thing his father never could: sell it. The catch? All of the money it earns on the auction block will be donated to charity.
"It'll be a bittersweet thing, because we know the fact that all the money is going to charities that he would approve of," Smith Jr. said about his father, and it "will really make him smile, because he loved to give back."

$8.8m '58 Ferrari 250 GT California Spider highlights RM's Arizona auction

All manner of vehicles change hands at the annual auction extravaganza in Arizona, but never has one sold for as much as the Ferrari you see here. The car in question is an (obviously) eminently desirable 1958 Ferrari 250 GT LWB California Spider, one of only 50 ever made and purring onto the stage in flawless red over black livery with matching numbers of the coveted covered headlights straight from the factory.
When we reported on the car's consignment in anticipation of this weekend's sale, it was expected to bring in between $7 and 9 million - and it's done just that, coming in near the top of its valuation with a winning bid of $8.8 million. That makes for a lot of zeros, but while it set a new record for the Arizona auctions, it hardly makes it the most expensive in the world. That honor still belongs to the Mercedes-Benz W196 that sold last summer for nearly $30 million. Nor is it the most expensive Ferrari ever sold at auction, an honor which still belongs to the 250 Testa Rossa that sold for over $16 million in 2011. Heck, it's not even the most expensive 250 California ever sold, coming in behind the SWB example that sold for nearly $11 million in 2008. All of which only goes to show just how insane the collector classic car market has grown in recent years.
The California was undeniably the highlight of RM's two-day sale, but was joined by several other seven-dollar lots, including a 1961 Porsche 718 ($2.75 million), a Ferrari 250 GT Lusso ($2.44 million), a Duesenberg Model J convertible ($2.2 million) and several other million-dollar Ferraris, Mercedes and a '35 Hispano-Suiza. A 1961 Chaparral 1 failed to reach its reserve price despite a high bid of $1.75 million, neither did a 1966 Porsche 906 Carrera 6 at $1.18 million or a Ferrari 275 GTB/4 at $2.85 million. RM Auctions did, however, manage to sell 85 percent of those lots consigned to bring in a massive two-day total of $45.56 million in sales, details of which you can read in the press release below.

Possible Ferrari F70/F150 specs emerge from private showings

At a private showing in Maranello, a group of lucky souls got to sneak a peek at the upcoming successor to the Ferrari Enzo, which has been referred to as both the F70 and F150 (not that F-150). While we still don't get any name confirmation or a definitive idea (aside from spy shots) as to what the newest Ferrari supercar will look like, one of the attendees did manage to pass along some vital performance information about the car as well as production numbers that are said to be limited to just 499 units.
The report on Auto-Blog.com.mx confirms that the Enzo successor will utilize an 800-horsepower V12 paired with a hybrid KERS good for another 150 hp. The engine's peak power kicks in at a screaming 9,200 rpm, while peak torque (not divulged) will be available at just 1,000 rpm. That kind of power could be great in just about anything, but the report also says that this new Ferrari model will have a dry weight of just 2,799 pounds (about the same as the Subaru BRZ and Scion FR-S twins and just slightly more than a Mazda MX-5 Miata). Rumored speed times include a top speed of 229 miles per hour, and the ability to run from 0-60 mph in less than three seconds; doubling that speed takes an extra second.
We've already seen the car's carbon fiber chassis and now we're just waiting to see the production car in real life, but Ferrari has not announced when the car will be introduced.