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Patrick Dempsey to take break from racing after career season

The popular American actor has decided to take a step back from racing to focus on his "family and acting career." Outside of motorsports, Dempsey's tenure on the hit TV show Grey's Anatomy as Derek Shepherd ended last year, as did his 16-year marriage to makeup artist Jillian Fink. They have since reconciled. Reaching the top step of the podium During that same year, Dempsey finally reached the top step of the podium in his professional sports car racing career, winning the Fuji round of the 2015 FIA World Endurance Championship. Earlier in the season, he placed second in class in the prestigious 24 Hours of Le Mans endurance classic. His Dempsey-Proton Racing Porsche squad ended 2015 sixth in the GTE-Am standings. Along with four starts at Le Mans between 2009 and 2015, Dempsey competed in a total of 68 races between Grand-Am, ALMS and the recently formed hybrid of the two -- The IMSA WeatherTech SportsCar championship. He scored nine podiums, which includes high profile races such as the Rolex 24, Sebring 12 Hours and Petit Le Mans at Road Atlanta. Patrick Dempsey to focus on "family and acting" in 2016 But he will not add on to his growing racing resume this year. Dempsey has released a statement, announcing that he will not compete in any events this season, although his team will continue to do so. My motorsports journey has been a rewarding one and allowed me to meet so many interesting people. While the focus so often is the performance of the car, in reality it is all the various personalities, from team mates to competitors to officials to fans that I remember the most. I have loved being part of part of different teams and sharing the experience with so many great friends. I want to thank everyone who made this possible and helped me along the way. I also wanted to especially thank the fans for their support and friendship. None of this would happen without you buying the tickets and attending the races, so I am grateful for that investment in my passion. It makes me especially happy to see how many people have become race fans during my racing career. At this point in my life, after an amazing season thanks to my friends at Porsche and TAG Huer, I need to take a step back and focus on both my family and my acting career. Dempsey-Proton Racing will continue on racing a Porsche 911 RSR in the World Endurance Championship season. I hope my schedule permits me to enjoy some race weekends at least as a team owner.

Ferrari IPO may turn out to be good news for enthusiasts

Sergio Marchionne's strategy to spin off Ferrari from FCA and make the Italian automaker a publicly traded company has been met with ire from a vocal contingent of enthusiasts ever since rumors about the plan began to surface a few years ago. Some of these particularly pessimistic automotive pundits have voiced fears that with stockholders in the mix, it would not only spell the demise of the exclusive Italian supercar maker as we know it, but would in fact "ruin" the company. Call me dense, but I fail to see what the issue is. That isn't to say that I don't understand what's causing the fear. When profitability becomes a higher priority for a brand that's historically relied on exclusivity to keep its products in the highest echelons of desirability, there's a high potential for internal philosophical conflict. And then there are concerns about the sorts of products that Ferrari might develop that aren't the high-performance sports cars that the brand is known for. But individuals with those apprehensions seem to forget that Ferrari has already lent its name to a multitude of things that are not LaFerraris, 488 GTBs, or F12 Berlinettas, including clothing, headphones, and even laptops. But let's assume for a moment that the core anxiety is about future vehicles – including the unspeakable notion that Ferrari might develop an SUV. Why wouldn't Ferrari build an SUV, especially after seeing how incredibly successful that endeavor has been for Porsche? I think it's likely that Ferrari will put engineers to task creating some sort of crossover or high-rolling cruiser with room for the whole family at some point in the near future. And why wouldn't it, after seeing how incredibly successful that endeavor has been for Porsche? After all, the Cayenne accounted for more US sales in 2013 than the Boxster, Cayman, 911, and 918 combined, and it only gave up about a thousand units of sales last year to make room for the Macan crossover, the latter of which Porsche sold nearly as many of as it did Boxsters and Caymans. People want these vehicles, and they're willing to pay quite a bit of money for them. If we use Porsche's recent trajectory as a foreshadowing metric for what's in store for Ferrari, the future actually looks pretty good. After all, those SUV sales keep plenty of cash in Porsche's coffers for the low-volume projects that we enthusiasts love, like the 918 Spyder and the 911 GT3 RS.

Veneno Roadster, One:1, One-77, LaFerrari, P1, Veyron headline 25-car Bonham's auction

Bonhams is holding a no-reserve auction in fall 2019 that includes some of the most valuable and sought-after supercars of the past decade. The lot of 25 beautiful collector items includes a Lamborghini Veneno Roadster, a Koenigsegg One:1, an Aston Martin One-77, a Ferrari LaFerrari, a McLaren P1, and a Bugatti Veyron. The collection, which was seized from a corrupt politician from Equatorial Guinea, is valued at roughly $13 million. If selling off future classics that are still in their infancy as collector items seems strange, it's because this is not a straightforward situation. These cars will be sold off by the State of Geneva, not a person. The collection was previously owned by the vice president of Equatorial Guinea, Teodoro Obiang, but the cars were seized when he was placed under investigation for money laundering and unfair management of public interests. These 25 cars, which were located in Geneva, were first sequestered in fall 2016. A trial court ordered them sold off, and the money earned from the sales would be invested in social programs that benefit Equatorial Guinea. And so, Equatorial Guinea is about to see an influx of cash, as every vehicle is valued in the hundreds of thousands, if not millions, of dollars. The rarest might be the Koenigsegg One:1. One of only six remaining, it has 371 miles on the dial, and is valued at roughly $1.8 million. The Lamborghini Veneno Roadster, one of nine in the world, is a close second. It has 202 miles logged, and is valued at about $5.1 million. The Aston Martin One-77 is another rare bird. It is example No. 35 of 77, holds a 7.3-liter V12 engine, and is valued at about $1.4 million. A McLaren P1, Ferrari LaFerrari, and Bugatti Veyron 16.4 round out the top of the list. The remaining cars are not fully detailed, but they include examples from Mercedes-Maybach, Bentley, Maserati and Porsche. The auction will take place on Sunday, Sept. 29, at the Bonmont Golf & Country Club near Lake Geneva. For more photos and information, visit Bonhams.