Ferrari

Bugatti, Koenigsegg, Maybach top 2011 most expensive cars

Forbes loves to report on all things expensive, particularly cars. The business publication’s online version just published its list of the most expensive cars for 2011, the Bugatti Veyron to the Rolls Royce Phantom. The publication wrote in its introduction: “These cars have the über-engineered carbon fiber bodies, obscene amounts of horsepower and excessive creature comforts (silver champagne flutes and lambswool carpeting, anyone?) that draw big price tags.” “To compile our list of the most expensive cars going on sale next year, we scoured price lists from well-known manufacturers like Bugatti, Rolls-Royce and Maybach, and from lesser-known companies like Saleen and SSC. Some expected entrants (Aston Martin, Spyker, McLaren) didn’t quite have the stuff to make our list. Others, like

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Ferrari Challenge announces 2011 return to Laguna Seca

The Ferrari Challenge, a two-day program featuring Ferrari Challenge and the F1 Corse Clienti, will return May 21-22 to Mazda Raceway Laguna Seca. Cars in the series include the new purpose-built Ferrari 458 Challenge. These modern race cars will share the paddock with the speed, elegance and style of the greatest cars from Ferrari’s glorious F1 past like Niki Lauda’s 312T and Michael Schumacher’s F2001. “The Ferrari Challenge will provide motorsports fans with a thrilling season opener at Mazda Raceway Laguna Seca,” said Gill Campbell, CEO/general manager for Mazda Raceway Laguna Seca. “Fans will surely enjoy the sights and sounds of these modern race cars and shrieking F1 cars as they challenge the Corkscrew.” Since the days of Ferrari founder

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Ferrari tops list of most expensive car auction buys in 2010

The most coveted vintage cars sold at auction in 2010 didn’t command the sky-high, record-setting prices of last year. But there were still collectors’ stunning rare purchases this year — Aston Martin to Talbot, BMW to Mercerdes Benz. Six of the most expensive cars sold at auction during 2010 occurred during Monterey Auto Week, the now nearly two-week festival of new and vintage cars scattered throughout the Monterey Peninsula. The most expensive auctioned car in 2010 was a 1959 Ferrari 250 GT LWB California Spider Competizione. It sold for $7.26 million at the Gooding & Co. auction at Pebble Beach in August. According to the web site, Luxist.com, the Ferrari 250: “Is the only LWB California to feature an alloy

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Author Patrica Cornwell donates rare Ferrari Superamerica for San Diego veterans' auction

Patricia Cornwell, the bestselling author, has signed over the title to her limited edition 2005 Ferrari 575 Maranello Superamerica, appraised at $250,000, to Veterans Village of San Diego (VVSD), to be sold for public auction on Dec. 9th, 2010 at 7 p.m. ET. The rare, 2005 Ferrari 575 Maranello Superamerica is one of only 559 produced. It boasts a 540 horsepower, V12 engine, and has a top speed of almost 200 miles per hour. Its condition is “showroom new,” inside and out, with only 5,865 miles on the odometer. With the flip of a switch, the car goes from a hardtop to convertible with the unique, rotating glass roof panel that hinges back over the rear deck for open-air motoring.

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Hall of Famer Reggie Jackson puts rare Ferrari up for auction

Reggie Jackson, the Hall of Fame baseball player and long-time car collector, is selling one the most unique cars in his collection, a 1973 Ferrari 365 GTB/4 Daytona Spyder. With chassis number 16835, Jackson’s car is among the rarest Ferrari models, and it will be one of the featured sale items at RM Auctions’ annual Automobiles of Arizona, Jan. 20-21, 2011 in Phoenix, Arizona. The Ferrari was also owned daredevil Evel Knievel, who died in 2007. The iconic motorcycle jumper sold the car to radio disc jockey Frankie Crocker after crashing while attempting to jump the fountains of Caesar’s Palace. Knievel’s injuries in the jump prohibited him from getting into the car. Crocker sold the original condition, Pininfarina-coachbuilt car to

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Bugatti Type 57C leads top-10 most expensive auctioned car list

The automotive website MIBZ.com has compiled a unique car list. It’s a twist on the ever-evolving industry standard list of most expensive new cars. The offshoot list is the 10 most expensive cars sold at auction. The web site doesn’t elaborate how its list was compiled. Nonetheless, the list is a varied, stunning display of vehicles and some extraordinary prices. In all likelihood, the impetus for the list occurred in June when the price record was set in the sale a 1936 Bugatti Type 57C Atlantic, one of only three made, o an anonymous buyer for an estimated $30 million. The site commented: “The buyer remains anonymous and he’d better live in a deserted volcano. Made of platinum. Somewhere on

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Ferrari World iconic theme park set for early opening in Abu Dhabi

The much-talked about, long-anticipated Ferrari World, the world’s largest indoor theme park, will open Oct. 27 — one day earlier than expected — in Abu Dhabi, capital of the United Arab Emirates. Ferrari World is the only theme park dedicated to the renowned racing cars and features the world’s fastest roller coaster, Formula Rossa, which can hit top speeds of up to 150 mph. Ferrari World is home to 20 Ferrari-inspired rides, race simulators and attractions, all nicely package in the 2.2 million square floor edifice covered in famous Ferrari red and styling of a Ferrari GT. Ferrari may have outdone itself with Ferrari World, with its estimated cost of $624 million. A Ferrari logo adorns the roof of the

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Italian newspaper reports Fiat considering selling share of Ferrari

Fiat, based in Italy, reportedly is seeking liquidity to allow it to finance the acquisition of 51 percent of Chrysler. Selling Ferrari could be the solution, according to the daily newspaper’s sources in Fiat’s headquarters in Turin. FOR MORE FERRARI INFORMATION, VISIT: Ferrari According to the report, Fiat, which owns 85 percent of Ferrari, would keep a majority 51 percent stake in the sports car unit which, it said, is worth $3.1 billion. Ferrari this week is debuting its limited edition convertible sports car at the Paris Motor Show. A Fiat spokesman denied the report, commenting to Reuters: “There are no plans for any Ferrari listing.” Fiat, which owns 20 percent of Chrysler, is expected to increase its holding to

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Ferrari limited series convertible will debut at Paris Motor Show

Only 80 of the 12-cylinder, front-engine roadsters will be manufactured. The first models are expected to reach the buyers by the end of the year and all of 80 new offerings have already been sold. According to a Ferrari release: “The SA Apera is a true roadster which allows its occupants to enjoy the superlative emotions afforded by our signature front-engine V12 architecture in a completely open-top setting. In fact, it has just a light soft top designed to be resorted to only if the weather gets particularly bad.” The roadster has a low-profile windscreen and crouches lower to the ground, and has “exceptionally aerodynamic sleekness,” according to the Maranello, Italy, manufacturer. James RaiaA sports, travel and business journalist for

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Eric Clapton’s rare Ferrari 250GT for sale via Hot Wheels replica

Hot Wheels Elite, a division of Mattel, will issue a limited edition 1:18 scale diecast model of Eric Clapton’s Ferrari 250 GT Berlinetta Lusso later this year as part of its “Ferrari in Music” line of replica cars. In an interview with ferrari.com earlier this year, Eric said that even as a small boy he was crazy about motor racing, and that the car he’s always most fancied is Ferrari. The replica of Clapton’s silver 250GT Berlinetta Lusso will be a “faithful” reproduction. Limited to 5,000 individually numbered pieces, it will come in a dedicated package featuring pictures, EC’s facsimile signature and Ferrari‘s logo. It’s definitely not a child’s toy, but aimed at adult collectors as the Hot Wheels Elite

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Ferrari 458 recalled after Italian sports car redefines too hot to handle

A Ferrari spokesman said the source of the problem is a wheel-arch heat shield that comes too close to an exhaust pipe. The adhesive that secures the shield can smoke or catch fire due to excessive heat. Dealers have contacted Ferrari 458 owners, the spokesman said, and have asked them to bring their cars in as soon as possible for modification. The Daily Mail newspaper in England reported five Ferrari 458 Italias have caught fire as a result of the flaw. The Ferrari spokesman confirmed that “four or five” fires had been reported in 458 models but added that only one had occurred in the United States. He said that the destroyed vehicles would be replaced at no charge to

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Monterey Auto Week records: 16 cars, Ferrari to Jaguar, auctioned for at least $1 million, $67M in total sales

Sixteen vehicles were sold for more than $1 million, the most recorded by any single auction house during this year’s Monterey auto week. The 1933 Delage D8S de Villars Roadster, owned by The Patterson Collection in Louisville, Kentucky, and restored by RM Auto Restoration, was named ‘Best of Show’ at the Pebble Beach Concours d’Elegance. RM Auctions’ 2010 ‘Sports & Classics of Monterey’ Million-Dollar-Plus Sales: 1938 Talbot-Lago T150-C Lago Speciale Teardrop Coupe, $4,620,000 1954 Ferrari 375 MM Berlinetta, $4,620,000 1949 Delahaye Type 175 S Roadster by Saoutchik, $3,300,000 1959 Ferrari 250 GT LWB California Spyder, $2,612,500 1955 Jaguar D-Type, $2,090,000 2007 Ferrari FXX Evoluzione, $1,925,000 1959 Ferrari 410 Superamerica Series III Coupe, $1,760,000 1933 Packard Twelve Coupe, $1,622,500 1958 Ferrari

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Great 1980s cars time's forgotten, Audi to Toyota, BMW to Ferrari

Neither age makes the respective car ancient. Nevertheless, article offers unique insight and states that the 1980s was a far superior decade for cars than the 1970s. AUTOMOTIVE RESOURCES Auto Shipping Quote, Car Financing, Car Insurance Quotes, Car Loans, Online Car Insurance, Rental Cars, Used Cars The article’s premise is that the 1980s was great decade for prominent, groundbreaking cars—the BMW 5 Series, Honda Civic CRX and Ferrari F40. Writer John Pearley Huffman also offers: “A few machines have somehow faded from our collective consciousness. They’re essentially unappreciated, but their innovations or performance mean they deserve more prominence.” In his description of the 1983 BMW 5 Series, Huffman writes: “Luxury machines like the 1983 BMW 5 Series changed what the

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Rare Ferrari 250 Testa Rossa set for Monterey Auto Week auction

Delivered new to Brazilian Jean-Louis Lacerda Soares, 0738 TR was raced for several seasons in South America under the Esquardari Largatixa banner where it recorded a number of successful finishes. Continuing RM’s global leadership in the presentation of historic Ferraris at auction – holding seven of the top 10 all-time auction records for the marque – 0738 TR is joined by no less than 22 other exceptional vintage Ferraris in Monterey. Notable entries include: a highly-desirable, covered headlamp 1959 Ferrari LWB California Spyder, s/n 1489 GT, (Est. $2,750,000 – $3,250,000) delivered new to Prince Vittorio Emanuele di Savoia; a rare 1959 Ferrari 410 Superamerica, s/n 1323 SA, (Est. $1,600,000 – $2,200,000) one of only 12 Series III Superamericas built; a

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Looking for a Ferrari? Tour de France rider George Hincapie may have a Ferrari F430 for you

About nine months ago, Hincapie purchased a 2006 Ferrari F430. But he’s now likely to sell the car because he just doesn’t have the opportunity to drive it much. During a recent trip to California to ride in a cancer awareness event for his work with Breakaway From Cancer and to help launch to new location of the U.S. Bicycling Hall of Fame, Hincapie discussed his 4.3-liter, 490-horsepower V8 (Red) Ferrari. Hincapie, 36, lives part-time in Greenville, S.C. He will compete May 16-23 in the Tour of California and then participate in the Tour de France for the 15th time, beginning July 3 in Rotterdam, The Netherlands. During a wide-ranging, exclusive interview, Hincapie was asked about his Ferrari. The Weekly

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Ferrari announces six new models, including hypercar, to debut before 2013

According to the Italian luxury sports car manufacturer, a new variety of the entry-level 458 Spider will be debut the new offerings and is scheduled for 2011. AUTOMOTIVE RESOURCES Auto Shipping Quote, Car Financing, Car Insurance Quotes, Car Loans, Online Car Insurance, Rental Cars, Used Cars A new generation of the 612 Scaglietti will follow and likely provide the base for Ferrari’s first hybrid model. Codenamed F151, the 612 Scaglietti successor’s name is still unknown. In 2012, the next hypercar Ferrari will debut, based on the small production mystique of the Enzo. A new version of the 599 GTB Fiorano, currently known as F152, will also debut in 2012. The Ferrari California will receive a major facelift in 2013 and

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