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Will this 1966 Ferrari three-seater surpass $20M at Pebble Beach auction?

With a week of lavish automotive events coming up centered around the Pebble Beach Concours d'Elegance in August, some of the highest profile auto auctions in the world are about to take place. Hearing about Ferrari Testa Rossas and 250 GTOs going for tens of millions of dollars during these events is commonplace, but Gooding & Company is bringing a unique Prancing Horse to sell in California that could be a record-breaker for the company.
The car in question is the drop-dead gorgeous 1966 Ferrari 365 P Berlinetta Speciale with just 7,900 kilometers (4,910 miles) on the clock that's pictured above, and it checks all of the boxes to make it incredibly desirable. First off, just look at it. The flowing lines and giant, tinted moonroof really make this Ferrari a head-turner. Inside, it has the distinctive feature of three seats with the driver slightly forward in the middle, kind of like the McLaren F1. And what a view from behind the wheel with all of the expansive glass in front of and above the driver. According to the auction listing, Pininfarina displayed the Speciale at a variety of international motor shows in 1966 and 1967.
If the looks aren't enough, then the provenance puts this Ferrari over the top, for sure. Underneath those gorgeous lines is the chassis from a Ferrari 365 P2 endurance racer. The sale claims that this was the first mid-engine, Ferrari 12-cylinder model created from the start as a road car. After touring with Pininfarina, it went to Luigi Chinetti, the first man to sell a Prancing Horse in the US and the boss of the company's North American Racing Team. He sold it twice, but the Speciale has been in the hands of the Chinetti since 1969.

Lewis Hamilton owns 15 cars, uses tow trucks to keep the mileage low

No matter how you feel about Lewis Hamilton off the track, it's impossible not to respect his talent behind the wheel. Currently, Hamilton is the second most successful Formula One driver of all time. His 67 wins and four championships place him only behind Michael Schumacher's 91 wins and seven championships. With all those winnings, Hamilton has racked up a decent personal fortune, much of which he uses to buy cars. Except he doesn't drive them quite as much as you might think. According to The Sunday Times, Hamilton's net worth of just over $207 million makes him one of the richest sports figures in the UK, just behind David Beckham. In a recent interview with the British newspaper, Hamilton gave some details on his personal car collection. His first car was a used Mini Cooper, soon followed by a Mercedes-Benz C200. Both have long since been replaced by a pair of original Shelby Cobras, a 1967 Shelby GT500, a Ferrari 599 SA Aperta, two LaFerraris (a red coupe and a white Aperta), a McLaren P1 and a Pagani Zonda 760 equipped with a manual transmission. All in, Hamilton has about 15 cars split between homes in Monaco and Los Angeles. Unsurprisingly, he has a Mercedes-AMG Project One ( a car that shares more than a little with his F1 W09 EQ Power+ race car) on the way. Hamilton has some hot takes on his personal collection. "The Zonda is terrible to drive," he said. "It's the best-sounding car I own, but handling-wise it's the worst. I got it in manual because I didn't like the tiptronic version. The tiptronic Pagani offered was worse than the Smart Roadster I had." He also says his Shelby Mustang is a "beautiful car, but a heap of junk." In order to keep the miles down (and valuations up), Hamilton apparently has a tow truck on retainer in Los Angeles. When he's finished driving one of his Ferraris, he'll have the car towed back to his place. Classic cars are becoming a solid and serious investment, and Hamilton doesn't want to squander his wealth like some other athletes. That said, there are a couple more cars Hamilton would love to own, including a Mercedes-Benz 300 SL (the one with the gullwing doors) and a Ferrari 250GT California Spyder (the one from "Ferris Bueller's Day Off"). Related Video:

FIA approves new F1 elimination qualifying rules

The FIA has confirmed the new regulations for Formula 1's elimination qualifying, after the rules cleared the final approval for introduction on Thursday. As Motorsport.com revealed, the F1 Commission unanimously approved changes to the sport's Sporting Regulations that will result in a tweak to the qualifying format from the season opening race in Australia. It came despite concerns that Ferrari could opt to block the change, amid its skepticism about the benefits of moving away from the previous qualifying format that had proved popular. With the changes approved, the new rules have now been declared official in changes to Article 33 of F1's Sporting Regulations. The new rules are: a) From 14.00 to 14.16 (Q1) all cars will be permitted on the track. Seven minutes after the start of the session the driver last in the classification will be eliminated and will no longer be timed, he must then return to the pit lane and may take no further part in the qualifying practice session. The same procedure will then apply after 8m30s, 10m0s, 11m30s, 13m0s and 14m30s leaving sixteen cars eligible to continue. At the end of the session all drivers on the track may complete the lap they are on and, once these final laps have been completed, the driver last in the classification may take no further part in the qualifying practice session. Lap times achieved by the fifteen remaining cars will then be deleted. b) From 14.24 to 14.39 (Q2) the fifteen remaining cars will be permitted on the track. Six minutes after the start of the session the driver last in the classification will be eliminated and will no longer be timed, he must then return to the pit lane and may take no further part in the qualifying practice session. The same procedure will then apply after 7m30s, 9m0s, 10m30s, 12m0s and 13m30s leaving nine cars eligible to continue. At the end of the session all drivers on the track may complete the lap they are on and, once these final laps have been completed, the driver last in the classification may take no further part in the qualifying practice session. Lap times achieved by the eight remaining cars will then be deleted. c) From 14.46 to 15.00 (Q3) the eight remaining cars will be permitted on the track. Five minutes after the start of the session the driver last in the classification will be eliminated and will no longer be timed, he must then return to the pit lane and may take no further part in the qualifying practice session.