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1957 Ferrari 335 S could set auction record at $30+ million

This car that could set the record for the highest price to be paid for an automobile at auction in 2016 – by the second month of the year, no less. It's a 1957 Ferrari 335 S Spider, and it's going up for sale at Artcurial in Paris next month, with an estimate topping $30 million. Though it may look a lot like the iconic 250 Testa Rossa that came out the same year, chassis number 0674 actually started out its life as a 315 S and fitted with coachwork by Scaglietti. After finishing sixth at Sebring and second in the Mille Miglia, it returned to Maranello and was upgraded to 335 S spec. The 3.8-liter V12 was enlarged to 4.1 liters, and its output swelled from 360 horsepower to nearly 400. Mike Hawthorn drove it at Le Mans that year, leading the race and setting a lap record before dropping down to fifth with mechanical troubles. It went on to compete in several more events as part of the factory Scuderia, helping it secure the title in 1957. It was then sold to famed US importer Luigi Chinetti who campaigned it for another couple of years, winning (among others) the 1958 Cuba Grand Prix with Stirling Moss and Masten Gregory behind the wheel. The 335 S was ultimately sold to noted collector Pierre Bardinon. Asked once why he didn't have a factory collection, Enzo Ferrari once said he had "no need" because "Bardinon has done it for me." That's high praise indeed, and the car remained one of the highlights of the Bardinon collection for over 40 years. Having liquidated the Baillon barnfind collection last year, the auction house estimates that this 335 S will sell for $30-34 million. That would not only set the bar very high for the year ahead, but could make it one of the highest price ever paid for a car at auction. 2014 saw a Ferrari 250 Testa Rossa sell for nearly $40 million, and a 250 GTO for $38 million. Behind them is Fangio's Mercedes W196 Silver Arrow that sold for nearly $30 million in 2013. The auction is set to take place during the Salon Retromobile in the French capital on February 5th. Among the other Prancing Horses that Artcurial has corralled for the event include a 1963 Ferrari 250 GT SWB Berlinetta (estimated at $10–13.2m), Gianni Agnelli's unique 1986 Ferrari Testrossa Spider ($750k-1m), and a 1962 Ferrari 250 GT Cabriolet Series 2 that belonged to the King of Morocco ($1.5-1.9m). So if it's a multi-million-dollar Ferrari you're after, Paris will be the place to be in a couple of weeks.

The Ferrari FF is now the GTC4 Lusso

As groundbreaking as it might have been when it debuted in 2011, the FF was never the best-looking Ferrari in the fleet. And at five years old, it's now the oldest as well. But Maranello is out to correct that with the new model you see here. Dubbed the GTC4 Lusso, the updated version of the FF is not only better-looking than the model it replaces, but packs some innovations under its slightly sharper coachwork as well. It debuts next month at the Geneva Motor Show. The 6.3-liter V12 carries over in naturally aspirated guise, but now produces 680 hp and 514 lb-ft. That's a marked improvement over the existing ratings of 651 horsepower and 504 pound-feet of torque. It still stops short of threatening the more focused F12 Berlinetta with its 730 hp and 509 lb-ft. The muscle still meets the road through the only all-wheel drive system that Ferrari has ever made, but now integrates four-wheel steering as well, like we saw on the F12 TdF. The 4RM-S system works in tandem with Slip Side Control 4.0, integrating the electronic differential and adaptive dampers to keep this horse prancing on no matter the conditions. No mention was made of the transmission, but we're likely dealing with the same seven-speed DCT as its predecessor. Regardless, the sum total is a 0-62 time quoted at 3.4 seconds and a top speed of 208 miles per hour. The revised mechanical bits, as you can see, are wrapped in new sheetmetal. It all looks tauter, more sculpted, and more aggressive than some of the rounded forms of the FF, and the interior has been updated as well. The key change is at the back of the greenhouse. Often derided as somewhat awkward and ungainly, the fastback roofline is lowered with the kink at the back of the side glass flipped, a spoiler added at the trailing edge of the roof, and the twin taillights replaced by four. THE FERRARI GTC4LUSSO DEBUTS AT THE GENEVA SHOW - The Ferrari GTC4Lusso debuts at the Geneva Show: class-leading performance, versatility in all driving conditions, sublime elegance. - A unique car, a whole new world Maranello, 8 February 2016 – Ferrari announces the addition to its range of the Ferrari GTC4Lusso, the new four-seater which hails a major evolution of the sporting Grand Tourer concept by integrating rear-wheel steering with four-wheel drive for the first time.

Ferrari profits rise 46 percent in 2018

MILAN — Italian luxury sports car maker Ferrari says profits last year rose 46 percent, driven by a surge in V12 sales and vehicle personalization. Ferrari on Thursday reported 2018 net profit of 787 million euros ($904 million), up from 537 million euros the previous year. Shipments rose 10 percent to 9,251 vehicles, while net revenues were flat at 3.4 billion euros. Ferrari set a forecast for 3-percent revenue growth to over 3.5 billion euros. It did not provide a shipment forecast. Sales of 12-cylinder models surged 20 percent, led by the 812 Superfast, while sales of 8-cylinder models rose 8 percent. Sales rose across the globe, with double-digit increases posted in Europe and greater China. The carmaker said fourth-quarter profits rose 40 percent to 191 million euros.Related Video: