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Barrett-Jackson 2014: Michael Schumacher's 1998 Ferrari F300 earns round of applause, $1.7M bid [w/video]

There isn't much in the world that can aurally match the screeching wail of a Formula 1 car at redline. We obviously can't say whether or not the showmanship of starting this 1998 Ferrari F300 in front of the assembled masses at Barrett-Jackson and slowly taking it up to its 18,000-rpm redline had any effect on bidders, but it did, at the very least, result in a round of applause.
This '98 Ferrari F300 was driven 38 times by Michael Schumacher, and there was another round of applause for the driver, who's currently in a medically induced coma and listed in stable condition after a skiing accident. This particular example is number three of nine total built for the '98 season. Power comes from a 3.0-liter V10 engine producing 805 horsepower at 17,500 rpm.
After it was all said and done, bidding ended at $1.7 million (plus another 10 percent in fees). Check out our live images from the auction floor above, and scroll down below for a spine-tinglingly loud auction video and to read its official description.

The Ferrari GTC4Lusso T ditches the V12 and AWD for a turbo V8 and rear drive

Ferrari continues to turbocharge its lineup with the latest addition – the GTC4Lusso T. This car has the same body as the four-seat GTC4Lusso, but features a turbocharged V8 and sends power only to the rear wheels, a recipe that might just make the gorgeous, elongated hatchback even better to drive. Aside from the addition of the T badge, the majority of the updates were made under the car's body. Gone is the beastly naturally aspirated 6.3-liter V12, and in its place is a twin-turbocharged 3.9-liter V8. The new engine is similar to the one found in the California T, but it has been revised to make a little more power: The 3.9-liter in the GTC4Lusso T puts out 602 horsepower and 560 pound-feet of torque. That's a 78-hp decrease from the GTC4Lusso's V12 motor, but 46 lb-ft more. View 17 Photos While some will see the decrease in power as a downgrade, which it kind of is, the GTC4Lusso T is rear-wheel-drive only and, according to Ferrari, lighter. Much of that weight savings comes from removing the trick all-wheel-drive gearbox that sits in front of the V12 GTC4Lusso's engine, and its absence also shifts the vehicle's weight bias towards the rear, with a 46:54 split. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Ferrari claims the GTC4Lusso T's turbocharged V8 has been engineered for everyday driving with modular torque delivery and a muted exhaust note at low speeds. The vehicle's dynamic systems have also been updated with the 4WS (rear-wheel steering) and Side Slip Control (SSC3) now more responsive to steering wheel inputs. No performance figures for the turbocharged V8 model have been released, but the GTC4Lusso T should manage to get close to the GTC4Lusso's 0-to-62 mph time of 3.4 seconds, but have a lower top speed than the V12 model, which tops out at 208 mph. Already missing the naturally aspirated V12 and all-wheel drive? Don't fret, as a Ferrari spokesperson confirmed that the automaker will continue to sell the GTC4Lusso alongside the GTC4Lusso T. The new model will make its world debut at next week's Paris Motor Show. Related Video: Related Gallery 2017 Ferrari GTC4Lusso T News Source: FerrariImage Credit: Live photos copyright 2016 Drew Phillips / Autoblog Paris Motor Show Ferrari Coupe Hatchback Wagon Performance Supercars 2016 paris motor show

Why the Ferrari Testarossa deserves some respect

Join us for a moment in putting on our way-back hats, zeroing in on the late 1980s. Imagine that you're in your bedroom. Look over at the wall across from your bed. What car do you see on the poster? If you're anything like us, it's a Lamborghini Countach - in fact, it's a trio of Lamborghini Countach models in an array of colors. Oh, and there's also a 1:18-scale diecast Countach in black sitting on our dresser with its scissor doors locked in a skyward embrace.
Of course, the Raging Bull wasn't Italy's only great supercar from the 1980s, especially if you cast your lot at the temple of the Prancing Horse. The Ferrari Testarossa, as pointed out in the latest video from Petrolicious, is an oft unsung hero penned from the stuff boyhood dreams are made of. Far from a *ahem* red-headed stepchild, the Testarossa deserves a place in the minds and hearts of '80s supercar fans the world over.
Scroll down below to watch vintage car collector Joe Ventura talk about the Ferrari Testarossa with beautifully bright red Italian design serving as a fitting backdrop.