Spectacular Ferrari F355 Spider on 2040-cars

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Ferrari 250 GTO could fetch as much as $75 million at auction

Last month we reported on a Ferrari 250 GTO heading for the auction block at Pebble Beach. We knew at the time it would break records and bring in tens of millions of dollars. But now that the gavel is about to drop, it looks like even our projections could fall short.
According to a report on Bloomberg, citing the classic car authorities at Hagerty Insurance, the GTO in question (pictured above) could fetch upwards of $60 million and as much as $75 million when the auction takes place two days from now in Monterey, CA.
Hagerty's reported estimate would not only blow the previous records out of the water, but would eclipse the pre-sale estimate attributed to Bonhams, the auction house handling its sale, which placed its value between $30 million and $40 million.

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

Listen to the Ferrari 488 GTB for the first time

We've received the initial information, seen it on the floor of the Geneva Motor Show and even played around with the online configurator. The one thing we haven't seen (or heard) just yet is the new Ferrari 488 GTB actually firing up. (Well, that and driving the thing, but let's not get ahead of ourselves.) Fortunately some paparazzi with a video camera have caught the new mid-engined, eight-cylinder Ferrari undergoing testing – still under wraps despite having already been unveiled – in Maranello, entering and exiting the factory. And in case you were worried that the twin turbochargers would muffle the exhaust note, it seems the boys in red have invested some time making sure that wouldn't be an issue. Not only that, but we appear to have here our first glimpse at the convertible version, expected (in accordance with traditional Ferrari nomenclature) to be dubbed the 488 GTS – that S standing for Spider instead of the B for Berlinetta. Expect a similar folding hardtop mechanism to that found on the outgoing 458 Spider. Then again, the last time the GTB handle was used on this line was with the F355, where the GTB was the coupe, GTS was the partial convertible with the removable roof panel, and the full convertible was called the F355 Spider. (The more recent, twelve-cylinder 599 GTB Fiorano only led to the limited-edition 599 SA Aperta, as Ferrari doesn't typically offer twelve-cylinder roadsters in "regular" production.)