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Ferrari reveals sold-out LaFerrari Spider

Ferrari's current supercar king, the LaFerrari, is a few years old, so naturally, now is the time to debut a more exclusive and expensive variant. Enter the LaFerrari Spider. Ferrari tweeted an image of the new car this morning. Rumors of a convertible LaFerrari have circled for years, though this is the first time the car was seen by the public. It will debut in the flesh this fall at the Paris Motor Show. Earlier this year, the company showed the convertible to potential customers at a private event. Reaction was so strong, the car sold out almost immediately. The droptop is estimated to cost $1.4 million, 40-percent more than the standard version. About 150 to 200 cars will be built, far fewer than the run of 499 for the original. The 949-horsepower, 6.3-liter hybrid V12 will remain in place,and Ferrari says the chassis and aerodynamics were modified to maintain performance. It will offer carbon-fiber and soft tops. Although the LaFerrari Spider most likely won't usurp the Bugatti Veyron and as the fastest convertible, it will still be one of the fastest and rarest cars in the world. Related Video: Featured Gallery Ferrari LaFerrari Spider News Source: Ferrari Ferrari Convertible Performance ferrari laferrari ferrari laferrari spider

Meet the man who sold his Ferrari 250 GTO for a record $48 million

We all took notice back in August when a 1962 Ferrari 250 GTO sold at RM Sotheby's in Monterey, bringing a record price for a car at auction: $48.4 million. The man who benefited — both from the proceeds and from his 18 years owning one of the rarest, most desirable cars in the world, chatted recently with Seattle Times columnist Nicole Brodeur about what it was like to say goodbye to such a beautiful machine — and how he's able to console himself with a serious collection of other fine cars. Despite the car, the third of 36, being "one of the most significant Ferraris ever built, bar none," in Sotheby's words, Brodeur says Whitten regularly toodled around in it in Redmond, Wash. — to lunch, on errands, to car shows — Redmond being a place where you do see an awful lot of incredible daily drivers streaming into the Microsoft campus. Whitten, now chairman of Numerix, a financial software company, was one of Microsoft's earliest employees, hired in 1979 by the late Paul Allen himself. He describes what it was like to be sitting on the front row at Monterey when the gavel came down. Even for a multimillionaire, multimillions being thrown around by three bidders for a single car is "very hard to fathom," he told CNBC. "But you're in a space where you have car collectors, and Ferraris are the most collectible car, and the GTO is the pinnacle Ferrari." "I miss it a little bit," Whitten says. But the world is full of wonderful cars, and an awful lot of them are tucked away in his warehouse. Plus, Whitten spent more than $2 million on the same night the GTO sold, picking up another Ferrari and three vintage Jaguars, including a 1967 E-Type as a birthday present for his wife, Michelle. In the column, he reflects on his beginnings as a driver — as an 11-year-old wheelman helping his brother deliver newspapers in their parents' station wagon. And on being a broke mathematics doctorate whose first car was a Dodge Dart. And on the beginnings of his collection when the Microsoft millions kicked in; on purchasing a 1935 ERA 1.5L Grand Prix racer from a Thai princess; and that time he hit 174 mph on an airport runway. Here's the column, if you'd like to learn more about a guy who sounds like he's had a pretty great life. And below are two videos put out by Sotheby's ahead of the auction. In the first, Whitten drives the Ferrari, talks about his love of cars — and you get a glimpse of his collection. The second video describes the car's considerable provenance.

One-off '65 Ferrari 330 Shark Nose for auction in Scottsdale

Russo and Steele has a unique Ferrari going up for auction next month in Scottsdale, AZ. The vehicle in question is a 1965 Ferrari 330 GT 2+2 – the fastest grand touring Prancing Horse of its day – but fitted with a unique shark-nose front end. This one-of-a-kind Ferrari been comprehensively restored and has remained under American ownership since its creation. Chassis number 6,537 GT (with matching engine number) was delivered new by Ferrari's longtime North American importer Luigi Chinetti to John W. Mecom Jr. – a Texas oil baron, founding owner of the New Orleans Saints, noted car collector, and racing enthusiast. The Series I coupe arrived in a rare combination four-speed overdrive transmission and rare quadruple headlights, in dark blue with tan leather interior. Mecom subsequently had it sent back to Italy and fitted with the new front end you see here. The coachbuilt 330 was subsequently sold to owners in Georgia and Kentucky, and along the way was repainted in metallic red. The car disappeared into storage for many years before re-emerging in 2007. It then underwent a comprehensive restoration at Ferrari of Washington, where it was stripped and refinished in the original blue. The process also saw the interior reupholstered, the brightwork replated, and the original Borrani wheels fitted with fresh rubber. It has now been consigned to Russo and Steele to be auctioned in Scottsdale at the end of January. Ferrari 330s generally sell for much less than their 250-series predecessors, fetching prices in the hundreds of thousands – not millions. This particular auction house does not typically published pre-sale estimate figures, however when reached for comment by Autoblog, spokesman Darin Roberge revealed: "we expect this amazing, one of a kind automobile to cross six figures several times over." Highly Exotic, One Off 1965 Ferrari 330 GT "Shark Nose" with Important Ownership History to Cross the Block at Russo and Steele's 2016 Arizona Auction Event Scottsdale, Arizona (December 1st, 2015) – Combining avant-garde Pininfarina styling with outstanding V-12 performance, Ferrari's 330 GT 2+2 was a comfortable 2+2 model and while following in the footsteps of the prior 250 GTE 2+2, the 330 GT 2+2 upped the ante on performance and set new standards for comfortable, high-speed motoring pleasure for up to four with its 50-millimeter wheelbase extension.