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Race Recap: 2013 Bahrain Grand Prix follows the template of this year and last [spoilers]

The sand, the wind, the penalties, the contact and the one crash - all of them collided to make the Bahrain Formula One Grand Prix a surprise affair from day to day and lap to lap. Oh, and did we mention the tires? Pirelli made a last-minute swap after the amusement park ride that the Chinese Grand Prix turned into with the soft compound tire, and brought medium and hard compounds to the desert. That didn't stop things from falling apart for some teams - literally - and that didn't stop the one team that seems to love the hard compound Pirelli tire.

Ferrari 488 Spider turbocharges the topless life [w/video]

As expected, Ferrari has followed the Geneva debut of the new 488 GTB with the introduction of the 488 Spider convertible. Like the hardtop model, the new Spider builds on the old 458 cabriolet. The retractable hardtop has been retained for the new model, slated to debut at the 2015 Frankfurt Motor Show. But thanks to the new aluminum spaceframe, the 488 Spider's torsional rigidity has been increased by 23 percent over its predecessor, promising even sharper handling. The powered roof can be stowed in just 14 seconds. Beyond that, the 488 Spider boasts the same goodies as the hardtop model. A 3.9-liter, twin-turbocharged, flat-plane crank V8 sits amidships, sending 661 horsepower and 560 pound-feet of torque to the rear wheels via a seven-speed dual-clutch transmission. Even in this roofless model, 62 miles per hour arrives in just 3.2 seconds, compared to an even three seconds in 488 GTB. The top speed is a toupee-eradicating 203 miles per hour. Prices, not surprisingly, have not been published. You can look forward to much, much more on the 488 Spider when it makes its grand debut in September, at the 2015 Frankfurt Motor Show. Until then, check out the launch video for the new droptop, as well as the official press release from Ferrari. The Ferrari 488 Spider: performance and effortless driving for maximum drop-top fun Official unveiling scheduled for Frankfurt Motor Show Maranello, 28 July 2015 – Ferrari announces the launch of the 488 Spider, its most powerful ever mid-rear-engined V8 car to feature the patented retractable hard top along with the highest level of technological innovation and with cutting-edge design. Ferrari was the first manufacturer to introduce the RHT (Retractable Hard Top) on a car of this particular architecture. This solution ensures lower weight (-25 kg) and better cockpit comfort compared to the classic fabric soft-top. Just like all previous spider versions of Ferrari's models, this is a car that is aimed squarely at clients seeking open-air motoring pleasure in a high-performance sports car with an unmistakable Ferrari engine sound. Every area of the car has been designed to set new technological benchmarks for the sector: from the aluminum spaceframe chassis and bodyshell to the new turbo-charged V8, aerodynamics that reconcile the need for greater downforce with reduced drag along with the specific cabin air flow demands of an open- top car, and vehicle dynamics that render it fast, agile and instantly responsive.

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.