11 Updates
Ferrari 250 GTO Sells for $52 Million at Auction
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Ferrari 250 GTO Sells for $52 Million at Auction

Oct 4 2013, 1:00pm CDT | by

Could be the most expensive car ever purchased

It appears that a new record for the highest price for a vehicle sold at auction has been set. A 1963 Ferrari 250 GTO chassis number 5111GT has been sold at auction for the staggering price of $52...

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1 year ago

Ferrari 250 GTO Sells for $52 Million at Auction

Oct 4 2013, 1:00pm CDT | by

Could be the most expensive car ever purchased

It appears that a new record for the highest price for a vehicle sold at auction has been set. A 1963 Ferrari 250 GTO chassis number 5111GT has been sold at auction for the staggering price of $52 million. The vehicle on the Tour de France in 1963.

Rumors suggest the $52 million price tag and neither the buyer nor seller will confirm that price. If it's correct, it would be the most expensive car ever purchased. Another Ferrari, a 275 GTB / 4 NART Spyder was sold for $25 million not long ago.

The selling owner has apparently owned the record-setting Ferrari since 1974. It's to imagine paying $52 million for a single car.

 
Update
11

1 hour ago

Formula 1 racing back to Las Vegas?

Oct 20 2014 4:37pm CDT | Source: Autoblog

Filed under: Motorsports "There's a million countries that would like to have an F1 race," said the sport's commercial director Bernie Ecclestone to The Independent recently, "but they can't afford it." Las Vegas wouldn't fall into the latter category, but while not exactly a country unto itself, it is apparently at the top of the former list. According to a report in the British newspaper, negoti ...
Source: Autoblog   Full article at: Autoblog
 

 
Update
10

2 hours ago

Porsche 918 Spyder already almost sold out?

Oct 20 2014 3:05pm CDT | Source: Autoblog

Filed under: Car Buying, Hybrid, Supercars, Porsche Still planning on getting your hands on a Porsche 918 Spyder? You'd better act quickly, because word has it that the hybrid hypercar is nearly sold out. While Porsche has reportedly only delivered a little over 30 of the 918 examples of the Spyder it plans to manufacture in total, Automotive News says that production is sold out through late March or early April - just a few months shy of when pr ...
Source: Autoblog   Full article at: Autoblog
 

 
Update
9

3 hours ago

ONE MEEEELLION DOLLARS: James Bond Lotus Esprit Submarine Up for Auction

Oct 20 2014 2:35pm CDT | Source: Car and Driver

The Spy Who Loved Me featured perhaps the the second most famous James Bond car of all time, after the iconic Goldfinger DB5: the Lotus Esprit S1 that went from sports car to submarine with the flick of a switch. Now, thanks to an eBay auction, you can buy one—for a million bucks. Okay, so the full-size movie prop offered in this auction can hardly be called a car. This static piece, fresh from a complete overhaul on the reality show American Restoration, shows the folding wheels on t ...
Source: Car and Driver   Full article at: Car and Driver
 

 
Update
8

5 hours ago

Proof That The LaFerrari Has A Secret All-Electric Mode After All

Oct 20 2014 12:30pm CDT | Source: Jalopnik

We've been suspecting for a while that the LaFerrari can in fact move on electric power alone despite Ferrari claiming quite the opposite. Here's more proof.Rea ...
Source: Jalopnik   Full article at: Jalopnik
 

 
Update
6

6 hours ago

Brawn, Domenicali among members of new FIA Accident Panel

Oct 20 2014 11:20am CDT | Source: Formula1.com

Formula One racing's governing body, the FIA, has confirmed the make-up of its new Accident Panel, which will look into the circumstances surrounding Jules Bianchi's crash in the Japanese Grand Prix. The group, which includes former Mercedes team principal Ross Brawn and Ferrari counterpart Stefano Domenicali, will carry ou ...
Source: Formula1.com   Full article at: Formula1.com
 

 
Update
5

6 hours ago

FIA Accident Panel

Oct 20 2014 10:58am CDT | Source: Federation Internationale de l’Automobile

FIA Accident Panel The composition of a new FIA Accident Panel, as announced by FIA President Jean Todt in Sochi on 10 October 2014 following the accident involving Jules Bianchi at the Japanese Grand Prix, has been established. Mon 20.10.14, 5:05PM The group will carry out a full review of the accident to ...
Source: Federation Internationale de l’Automobile   Full article at: Federation Internationale de l’Automobile
 

 
Update
4

8 hours ago

Porsche 918 Spyder almost sold out

Oct 20 2014 8:57am CDT | Source: Driving Canada

If you’ve been one of the few with deep enough pockets to be eying the Porsche 918 Spyder, time is running out. That’s because Andre Oosthuizen, Porsche’s vice president of marketing in North America, told Automotive News that production of the hybrid hypercar, capped at 918 examples, will end next July and planned production is sold out through the end of March 2015. Also Read: Our review of the Porsche 918 Spyder Oosthuizen didn’t detail just how many 918 ...
Source: Driving Canada   Full article at: Driving Canada
 

 
Update
3

1 day ago

Charger Hellcat Priced, Autonomous Audi RS 7 Races, Ferrari F60 Launched: The Week In Reverse

Oct 19 2014 7:00am CDT | Source: Motor Authority

This was a surprisingly busy week in the car world, with the 2015 Dodge Charger SRT Hellcat priced from $63,995 plus $995 delivery, an Autonomous Audi RS 7 set to take the track at the Hockenheim Ring, and Ferrari’s F60 America launched in Beverly Hills. You’ll find all of this in more in The Week In Rever ...
Source: Motor Authority   Full article at: Motor Authority
 

 
Update
2

1 day ago

Autocar Best Driver’s Car 2014

Oct 19 2014 6:36am CDT | Source: Car Articles

In this video courtesy of Autocar, some of the best driver’s cars of 2014 are examined. Of the Porsche 911 GT3, Ferrari 458 Speciale and Ariel Atom 3.5R and more, which floats your boat? This is a thorough test and really shows what some of these performance cars are actually capable o ...
Source: Car Articles   Full article at: Car Articles
 

 
Update
1

1 day ago

Corvette gets slidey with Britain's best performance cars

Oct 18 2014 7:05pm CDT | Source: Autoblog

Filed under: Coupe, Sedan, Performance, Videos, Supercars, BMW, Chevrolet, Jaguar, Porsche, Ferrari, Alfa Romeo, McLaren Autocar wants to find Britain's best driver's car, and it's challenging a murderers' row of some of the world's best performance vehicles to find out, including the latest Chevrolet Corvette Stingray. All of them were therefore assembled at the Castle Combe Circuit to fin ...
Source: Autoblog   Full article at: Autoblog
 

 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Shane is a self described car aficionado. He loves muscle cars, but also knows how green cars work. He has years of experience in testing cars and writes about cars with deeply felt emotions.

 

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