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1962 Ferrari 250 GTO auctioned for a record $48 million

As anticipated, the 1962 Ferrari 250 GTO chassis number 3413 made some serious money at the RM Sotheby's auction at Pebble Beach. As the hammer came down at $48.2 million, the Ferrari became the most valuable car ever sold at auction; it made the Goldeneye Aston Martin DB5 look like a used DB7 in comparison. Last night, racing legend Derek Bell drove the Ferrari onstage, and bidding was opened at a breathtaking $35 million. Three bidders were involved in the sale, and the complete sum including fees came to $48,405,000. The auction house knew it was going to be expensive, having estimated the car at more than $45 million in June. It handsomely topped an earlier Ferrari 250 GTO record of $38 million. The Ferrari, the third one out of a 36-car production run and complete with significant racing history, has a numbers-matching powertrain and a Scaglietti-built Series II body. It has been with its previous owner since 2000, and the last time it was sold it commanded $7 million. The $40-million bump in value is simply incredible, Ferrari 250 GTO or not. And all this time the car hasn't just sat, appreciating; it has been seen in numerous classic events, in actual use. Related Video: Featured Gallery 1962 Ferrari 250 GTO at RM Sotheby's Monterey Auction View 10 Photos Image Credit: RM Sotheby's Ferrari Auctions Performance Pebble Beach ferrari 250 gto 1962 ferrari 250 gto ferrari auction

The Ferrari Roma is revealed as a gorgeous two-door Italian coupe

There’s a new Ferrari in town, and itÂ’s called the Roma. Take a second to enjoy the few photos Ferrari shared with us for the time being. ItÂ’s a gorgeous two-door coupe. Unfortunately, Ferrari hasnÂ’t said much beyond the carÂ’s vitals yet. We know itÂ’s equipped with the 3.9-liter twin-turbo V8, which is paired to the eight-speed dual-clutch transmission found in the SF90 Stradale. The boosted V8 is sitting at 611 horsepower and 561 pound-feet of torque. Ferrari says itÂ’ll get to 62 mph in 3.4 seconds and reach a top speed somewhere just north of 198 mph. Its wheelbase is exactly the same as the older California T and new Portofino at 105.1 inches, but itÂ’s slightly longer overall by a few inches. The carÂ’s dry weight is quoted at 3,245 pounds, which makes it lighter than the California T convertible and Portofino replacement. WeÂ’re guessing the Portofino and this car share a similar platform, but Ferrari doesnÂ’t make that clear in its rather sparse release. The car is described as a “2+ coupe,” but we can't see what's actually behind the front seats in photos. WeÂ’ve asked Ferrari for further clarification here. As for the rest of the interior, it looks like a revolution in technology and design. We spy a completely new infotainment system and center stack layout, and the gauge cluster is all digital, as well. Plenty of touch capacitive buttons appear to have made their way into the cabin, and weÂ’re especially confused by the operation of the strange gear selector just below the central infotainment system (pictured below). Just like other new Ferraris, the passenger has a screen directly in front of them, too. ItÂ’s a good looking interior; we just want to know more about it. Ferrari says itÂ’s called “Roma” to represent the “carefree, pleasurable way of life that characterized Rome in the 1950s and ‘60s.” WeÂ’ll have more to share with you soon, so check back for additional details on the newest Ferrari.

LaFerrari, meet YouTube. YouTube, LaFerrari

If, for some reason, you feel like we've left anything out of our coverage of the exciting new LaFerrari unveiled today in Geneva, don't fret - Ferrari has us covered. The automaker has graced us with a total of seven videos of its new hybrid supercar today including the original launch video we already showed you this morning.
The six new videos discuss a broad spectrum of topics, such as LaFerrari's overall architecture, carbon fiber chassis and body, driving dynamics and the 160-horsepower HY-KERS (HYbrid Kinetic Energy Recovery System) part of the powertrain. There is also coverage of today's auto show unveiling and, our favorite, a short video showing the car being tested around the Fiorano Circuit plus some bonus footage of past Ferrari supercars like the GTO, F40, F50 and Enzo.
In total, there is almost 30 minutes of video goodness to bring you just about all the information there is to know about LaFerrari, and all seven videos are posted below.