2005 Red Rosa Corsa W/ F1 Transmission Red Piped Seats Scuderia Spec Suspension on 2040-cars

Auto blog

Ferrari 250 GTO could fetch as much as $75 million at auction

Last month we reported on a Ferrari 250 GTO heading for the auction block at Pebble Beach. We knew at the time it would break records and bring in tens of millions of dollars. But now that the gavel is about to drop, it looks like even our projections could fall short.
According to a report on Bloomberg, citing the classic car authorities at Hagerty Insurance, the GTO in question (pictured above) could fetch upwards of $60 million and as much as $75 million when the auction takes place two days from now in Monterey, CA.
Hagerty's reported estimate would not only blow the previous records out of the water, but would eclipse the pre-sale estimate attributed to Bonhams, the auction house handling its sale, which placed its value between $30 million and $40 million.

Totaled Ferrari Dino sculpture sold for $250k

How much would you pay for a Dino? Although this sub-brand was supposed to offer lower-cost alternatives to more expensive Ferraris, a 246 GTS model with "chairs and flares" can fetch big bucks. The later, more angular 308 GT4 is less desirable, but the one above just sold for $250,000. Oh, and it's a complete wreck - an absolute write-off, as you can see. So how did it fetch a quarter million when it wouldn't be worth that much in pristine condition? Because this is art.
"Objet trouvé", to be specific, the French term for a common object elevated to a work of art. That's the way it ended up displayed by celebrated French artist Bertrand Lavier and the Galerie Yvon Lambert at the Foire Internationale d'Art Contemporain (FIAC) art fair at the Grand Palais in Paris last week, where an unnamed Turkish collector paid the landmark price. Let's hope he's not planning on restoring it, because it's apparently worth more totaled.

Race Recap: At the Abu Dhabi grand prix, the caravan chases a mirage

Both championships have been claimed this year, with Sebastian Vettel taking the Driver Championship and Infiniti Red Bull Racing the Constructor's. But there's no skunk rule in Formula One, so the last three races of the schedule are going on as scheduled.
Abu Dhabi was the latest venue, and what the Yas Marina Circuit has lacked in racing excitement, it has more than made up for in drama. It's where Lewis Hamilton always does well and should have won but for an engine blow-up. That lead to Kimi Räikkönen taking the first win of his return, and giving Lotus its first win. It's where a championship was decided when Fernando Alonso was stuck behind Vitaly Petrov and Timo Glock and couldn't put up a fight against Vettel. And this year, it was where Mark Webber again out-qualified his Red Bull teammate and grabbed pole, just three rounds away from retirement.
He was followed by Vettel, the Mercedes-AMG Petronas pair of Nico Rosberg and Lewis Hamilton, the unstoppable Nico Hülkenberg in the first Sauber in fifth, Romain Grosjean in the first Lotus, Felipe Massa in the first Ferrari, Sergio Perez in the McLaren, Daniel Ricciardo in the Toro Rosso and Alonso in the second Ferrari in tenth. Tenth.