2020 720s Spider on 2040-cars

Auto blog

Top tier supercars go for top dollar at RM Sotheby's Pinnacle Portfolio auction

Ferraris continue to rake in money during classic car auctions, and the sale of RM Sotheby's Pinnacle Portfolio collection during Monterey Car Week is only further proof of that. The Prancing Horse grabbed four of the top five spots among the 25 vehicles crossing the block. The leader among them was a 1964 Ferrari 250 LM with an extensive racing history that went for $17.6 million, according to the company's unofficial numbers sent to Autoblog. The only vehicle to keep Ferrari from locking out the top five was a 1998 McLaren F1 LM-Specification that went for $13.75 million. It's claim to fame included being the second-to-last road version of these famous supercars built. Plus, the coupe is only one of two with the LM spec package, which included the 680-horsepower racing version of the V12. Showing more modern Ferraris are also appreciating, a 2005 Enzo went for $6.05 million, taking third place. This example was the last one ever made and was originally gifted by the company to Pope John Paul II. However, he had the car sold for charity. Similarly special, fourth went to a 1994 F40 LM racecar for $3.3 million. Finally, a 1967 275 GTB/4 rounded out the top five also at $3.3 million. Amazingly, the vehicles in the Pinnacle Portfolio came from just one person who the company only identified as a "private US-based gentleman collector." Check out the gallery to see all 25 rolling across the block, including a Toyota 2000GT, Porsche 959, and Jaguar XJ220.

F1's Fernando Alonso staying at McLaren in 2018

AUSTIN, Texas — Double world champion Fernando Alonso will stay with McLaren in 2018, the team said on Thursday in a long-expected announcement that finally ended one of the sagas of the Formula One season. McLaren did not say whether the new contract extended beyond next year. The Spaniard has endured a miserable three years with the British-based former world champions and had refused to commit to staying until he felt they could provide him with a competitive car. McLaren have gone some way towards answering those doubts by ending a troubled partnership with Honda and switching to Renault engines in 2018. "It's fantastic to be able to continue my relationship with everybody at McLaren. It was always where my heart was telling me to stay, and I really feel at home here," the Spaniard said in a team statement at the U.S. Grand Prix. "McLaren has the technical resource and financial strength to be able to very quickly win races and world championships in F1," added the 36-year-old, who won his two championships with Renault in 2005 and 2006. "Although the last few years have not been easy, we have never forgotten how to win, and I believe we can achieve that again soon." Alonso has not been on the podium since 2014, when he was with Ferrari. His last win was in Spain in 2013, again with the Italian team. McLaren is currently ninth overall, out of 10 teams, and the season ranks as the worst of Alonso's career with the exception of his debut year with now-defunct tail-enders Minardi. He has six retirements in 16 races so far in 2017, and failed to start in Russia while also missing Monaco to compete at the Indianapolis 500 in May. The Spaniard has scored points only twice. McLaren executive director Zak Brown said continuing with Alonso, as team mate to Belgian Stoffel Vandoorne, had always been the obvious thing to do. "His commitment will allow us to further improve the attractiveness and potential of the wider Group, and will ensure we head into 2018 feeling increasingly confident that we'll be able to take a meaningful step forward," he said. "Fernando fully understands and buys in to the direction we are taking. "Our shareholders have ambitious plans for the whole Group, and success within Formula One is a central pillar of that strategy. With Fernando, there is no doubt that we have a driver who can help us achieve our goal of winning again in F1." Reporting by Alan BaldwinRelated Video:

Top Gear brings together LaFerrari, McLaren P1 and Porsche 918

Earlier this month, Top Gear released a brief video of the comparison test between three hybrid hypercars we'd all been waiting for: the Ferrari LaFerrari, McLaren P1 and Porsche 918 Spyder. The story was done by the print magazine and not by the television show, and the video they released was barely over half a minute long, reserving the full version for subscribers of the iPad edition. Now the British mag has put the full video on YouTube, and while it's still only a minute and a half long – three times the length of the previous teaser – it's packed with electrified exotic goodness. The test surely took some serious wrangling to put together, and though the metal (or carbon fiber, as the case may be) was apparently furnished mostly by private owners, to hear Top Gear tell it, the manufacturers – Ferrari, McLaren and Porsche – were eager and helpful in putting the showdown together. For the final conclusions, we're afraid you'll still have to buy the magazine, but for a rare chance to watch all these three world-beaters on the same road at the same time, you'll want to scope out this latest video clip. Related Video: News Source: Top Gear via YouTube Ferrari McLaren Porsche Hybrid Supercars Videos porsche 918 spyder mclaren p1 ferrari laferrari