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Incredible $12 million Ferrari collection up for auction

Ferraris come up for auction all the time, but in Scottsdale next month Gooding & Company will be auctioning off an entire collection of Maranello's finest projected to fetch around $12 million. The collection belongs to one Tony Shooshani, described as "a widely published and renowned Ferrari collector." He's the proprietor of a 599XX Evo, a LaFerrari, and one of only six Pininfarina Sergio roadsters made. They'll remain in his collection, along with his prized 288 GTO and his thoroughbred Arabian stallion named Enzo. But he's liquidating some other notables from his garage, giving other collectors a chance to bring them home instead. This includes a trio of supercars. There's an Enzo tipped to fetch between $2.4 and 2.8 million, an F50 ($2.5-2.9m), and an F40 ($1.3-1.6m). The more classically inclined may be more enticed by the 1960s-era 250 GT Lusso ($2.2-2.5m), 250 GT Series II Cabriolet ($2-2.3m), and Dino 206 GT ($700-800k), and there's a pair of 80s models as well in a 512 BBi ($400-475k) and 328 GTS ($125-150k). The Berlinetta Boxer was Ferrari's first mid-engined twelve-cylinder supercar, and the 512 BBi was the ultimate incarnation thereof. It was never officially sold in the United States, but some still made it over here. This particular example was once owned by racing legend AJ Foyt. Those pre-sale estimates place the value of the collection altogether at $10.3 million on the low side, and as high as $13.5 million. That's a whole lot of cash, but there's a whole lot of machinery here – in both quantity and quality. So if you've had a good six or seven figures burning a hole in your proverbial pocket and have been looking for the right place to invest it, this could be your chance. Related Video: Gooding & Company is Thrilled to Announce The Tony Shooshani Collection to be Auctioned at the Scottsdale Auctions Headlining the historic collection, a trio of rare Ferrari supercars from an astute collector – the 1990 Ferrari F40, the 1995 Ferrari F50 and the 2003 Ferrari Enzo SANTA MONICA, Calif. (November 30, 2015) – Gooding & Company, the auction house acclaimed for selling the world's most significant and valuable collector cars, is pleased to announce an outstanding array of Ferraris at its annual two-day Scottsdale Auctions on January 29 and 30, 2016.

Heads continue to roll at Scuderia Ferrari

It's a year of restructuring at Ferrari – especially when it comes to the Formula One department. Dissatisfied with the team's performance of late, parent company Fiat fired Ferrari's chairman, replaced its team principal twice and brought in another multiple world champion to replace the one it already had. But that's not the end of it. Under the direction of new chairman Sergio Marchionne and team principal Maurizio Arrivabene, the Maranello-based outfit is undergoing a purge in its ranks. Ferrari has fired its veteran engineering director Pat Fry (pictured above at left), its chief designer Nicolas Tombazis (center) and its tire guru Hirohide Hamashima (whom the team picked up shortly after Bridgestone left the sport, not pictured). In their places, Ferrari has named appropriate replacements, and has shuffled some additional staff around. F1 journalist Alberto Antonini, for example, has taken over the press office from Renato Bisignani who will now run the Scuderia's new commercial department. More vital, however, is James Allison, a longtime F1 engineer who previously worked for Ferrari for five years and returned from Lotus last year to take up position as the team's new technical director – too late to influence last season's chassis but now charged with developing next year's. Whether the radical reshuffling of its staff will be enough to reverse the team's fortunes, nobody can say for certain at this point. But without a single grand prix victory this past season, things can hardly get any worse for what historically has been the most victorious team in all of motorsport. The Scuderia Ferrari has been reorganized Maranello, 16 December – Within a few days from his arrival Maurizio Arrivabene, Managing Director of Ferrari's Gestione Sportiva and Team Principal of Scuderia Ferrari, has restructured his team with a flatter structure and clear assignment of responsibilities. James Allison is the Technical Director with two Italian engineers and home grown Scuderia talent reporting to him: Chief Designer Simone Resta and Power Unit Director Mattia Binotto, the latter will be supported by Chief Designer Power Unit Lorenzo Sassi, among others. Furthermore James Allison will direct track engineering activities ad interim.

Ferris Bueller Ferrari replica is so choice, and now it can be yours

If you have the means, we highly recommend you consider picking up this replica Ferrari GT Spyder California that had a starring role in 1986 film "Ferris Bueller's Day Off." Granted, Ferris Bueller (played by Matthew Broderick) and his friend Cameron Frye (played by Alan Ruck) ended up completely destroying the car in the movie – don't worry, this wasn't the one that went careening backwards out of a garage. This car, one of three built for the film, is fully restored and is in complete working order, according to Mecum Auctions. Set to go under the auction hammer later this month during Monterey Car Week, the 'Ferris Bueller Ferrari' is a cinematic and photogenic gem, despite the fact that, ahem, it's not an actual classic Ferrari. If it was, trust us, the price would be far in excess of the pre-sale estimate of $250,000-$300,000, which Mecum has placed on the car. For reference, back in 2012, a true 1962 Ferrari 250 GT SWB California Spyder found a new home after someone handed over more than $8-million dollars to buy it. So, all in all, this phony Ferrari could be the steal of century, as long as you don't mind a 5.0-liter V8 engine under the hood, versus a screaming Ferrari V12. Originally built in 1985 by a California company called Modena Design and Development, this car is based around a steel-tube frame and comes powered by a V8 fitted with four Weber carburetors. Power is fed to the rear wheels via a five-speed manual gearbox. Design touches to make the car appear authentic include a Ferrari grille, chrome side vents and wire-spoke wheels, Jaeger gauges across the dash, toggle switches, tan leather seats, a wooden steering wheel and period-correct AM/FM radio. Interestingly, the car is also fitted with air conditioning. The car is fresh from a nine-month restoration, carries its original VIN, and has apparently covered only 1,520 miles since new. Related Video: