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Nigel Mansell's Ferrari F40 sells for $870k

If you look at the $1.35 million price tag on the new LaFerrari and wonder how Ferrari can possibly charge that much for a single car, you could look at the prices of its competitors like the McLaren P1 that lists for almost as much at $1.15 million, you could look to the $2.5 million which Ferrari is said to have charged for the exclusive F60 America - or you could look at the prices at which LaFerrari's predecessors are still trading. Take, for example, this Ferrari F40 which, 25 years since it was built, just sold for nearly $870,000 at auction.
The F40 in question, a 1989 model, may be just one of 1,315 examples made, but it has a rather noteworthy provenance: the car once belonged to Nigel Mansell, the only driver ever to hold both the Formula One and Indy titles at the same time. That Mansell - a man who had access to some of the fastest and most capable racing cars ever made - selected the F40 as his personal ride of choice speaks volumes about the car's abilities and appeal. But then he did, after all, drive for the Scuderia that season, winning the Brazilian and Hungarian grands prix.
The celebrity provenance, however, may not have actually jacked the price up at all. While it may rank towards the top of the list, this was hardly the highest price paid for an F40 at auction. According to Sports Car Market, which tracks such sales, the record currently belongs to a 1993 Ferrari F40 LM that Bonhams also sold for $2.2 million at Monterey. The highest price for a standard, non-LM model was recorded at the same event at $1.43 million.

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.

Ferrari rated world's most powerful brand ahead of Apple

Ferrari has nabbed the honor of becoming the world's most powerful brand from Apple. According to Brand Finance, the Italian automaker earned the highest rating among all brands on the Global 500 list despite being worth considerably less than its competition. But the ranking takes into account more than just a company's bottom line. Brand Finance also looks at margins, average revenue per customer and less tangible notions like brand affection and loyalty.
There's no disputing those latter two categories, and this year saw Ferrari enjoy the best financial results in the automaker's history. In 2012, the company's revenue jumped by eight percent to 2.43 billion euro thanks in part to a 4.5 percent increase in deliveries worldwide.
Meanwhile, Apple squeaked out ahead of Samsung to earn the top spot as the most valuable brand at $400 billion. You can check out the Brand Finance press release below for more information.