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1964 Ferrari 250 LM expected to net $12-15 million at RM's NY auction

If you're one of the very fortunate souls that has $12 to $15 million burning a very large hole in your pocket, we've found the perfect way to liberate yourself from the burden of so much money - buy this Ferrari, which is being put up for auction. It's a supremely rare Ferrari 250 LM, the 24th member of a 32-car run, that rolled off the assembly line on what we imagine was a brilliant, sunny Italian summer's day in July of 1964.
Officially known as Chassis 6107, this 250 LM is rare because unlike its brothers, it wasn't originally bought to be a race car. Its first owner used it more or less as a toy, both around town and on the infamous Mulholland Drive, in California. After a pair of owners, it found its way into the hands of an Ecuadorian pair, who kicked off its racing career. Its best result was at the 1968 24 Hours of Daytona, where it finished eighth overall and first in class, although subsequent runs at Daytona and Sebring were less successful. Its most recent owner was a Japanese collector, who purchased the car in 1983 and has had it on display ever since.

Ferrari building one more LaFerrari Aperta for charity auction

When Ferrari officially introduced the LaFerrari Aperta roadster, it announced that it would only build 209 of them. It also announced that every single one was already sold. That apparently isn't quite the case, though. RM Sotheby's announced it would be selling a LaFerrari Aperta, and it's a new one, No. 210, that hasn't yet been built. According to the description, this is an additional special edition that will be built to help celebrate Ferrari's 70th anniversary. It will also have a unique paint scheme and will be unveiled during the celebration in Maranello. No details were given as to what the paint scheme would be, but based on the other five specially painted LaFerrari Apertas, it will probably be inspired by one of the company's more famous road or race cars of the past. Also, since this car will be auctioned, it presents a rare opportunity to own one of Ferrari's top-tier sports cars without going through the trouble of becoming one of the company's favored customers. Of course that means this car could be very expensive, too. RM Sotheby's estimates it will go for between ˆ3 million and ˆ4 million, which at current exchange rates is $3.5 million to $4.7 million. On the plus side, the proceeds from the auction will go to an unnamed charity. Related Video:

Ferrari to introduce a V8 hybrid supercar this year

Ferrari is bringing a new mid-engine V8 supercar to the market this year — but with a hybrid drivetrain this time. Last year, then-Ferrari CEO Sergio Marchionne told Auto Express that a hybrid V8 was coming, and Automotive News is now reporting that a hybrid supercar will debut later this year. According to Automotive News, the new Ferrari won't be displayed at the Geneva Motor Show next month, but it will have an unveiling event of its own later on. It will sit above the 488 Pista, as it will have more power. Automotive News quotes Ferrari CEO Louis Camilleri as having confirmed the car on an earnings call in late January, saying that it will be more profitable than for example the 812 Superfast and that deliveries will start a year from now. The hybrid V8 supercar marks a step ahead for Ferrari, as it means hybrid tech will no longer be reserved to limited-edition specialties like the KERS-boosted LaFerrari, but that the technology will feature in a "regular lifecycle" model. Camilleri also stated that 60 percent of the Ferrari lineup will have a hybrid variant by 2022; this means that there will be pure gasoline variants for petrolheads shunning electric assist, but that Ferrari can also move ahead with the times. The electrified technology that Ferrari is developing is also expected to trickle to Maserati's upcoming Alfieri model that replaces its GranTurismo; that car will also be made in Ferrari's hometown of Modena. Related Video: