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Multimillion-dollar Ferraris line up for Pebble Beach

Wherever high-value classic cars are being sold, you can bet that vintage Ferraris will be topping the list. Especially at Pebble Beach. And that's precisely the auction for which Gooding & Company has lined up a trio of multi-million-dollar examples. Arguably the most enticing (and sure to fetch the highest price) of them all is a classic red 1961 Ferrari 250 GT SWB California Spider, complete with the highly-coveted covered headlights – just like the one in Ferris Bueller's Day Off. Chassis number 3095 GT is one of just 37 made in this configuration. It's been fully documented and certified, but not restored. This is the first time this particular example will be offered in the United States, and Gooding expects it will fetch around $17 million - placing it at the high end of the Sports Car Market database of prices paid for 250s of any kind. Joining the California Spider is a striking 1957 Ferrari 410 Superamerica – the fastest road-going sports car of its time with a top speed in excess of 150 miles per hour. Painted in metallic grey with a contrasting dark red roof and red leather interior, this Series II coupe was purchased by Mohammad Reza Pahlavi, the last Shah of Iran. It went with his wife following their divorce, and was awarded first in class at Pebble Beach in 1978. It's projected to raise between five or six million in financial scholarships, potentially eclipsing any record for Superamericas to date. Finally, in what could be a footnote only in this rarefied company, is a 1965 Ferrari 500 Superfast that boasts similarly lofty provenance, having been delivered new to Prince Sadruddin Aga Khan. In stunning dark blue with red leather, chassis 6049 SA is anticipated to sell for over $3 million (over a million more than any Superfast yet) when the gavel drops at the Concours d'Elegance next month. Gooding & Company Announces Multiple Show-Stopping Ferraris Including a 1961 Ferrari 250 GT SWB California Spider to Headline Pebble Beach Auctions This quintessential open-air Ferrari is expected to set record-breaking numbers when it crosses the block this August SANTA MONICA, Calif. (July 14, 2015) – Gooding & Company, the official auction house of the Pebble Beach Concours d'Elegance®, is pleased to announce the addition of three unparalleled classic Ferraris to its sale in August – a 1961 250 GT SWB California Spider, a 1957 410 Superamerica Series II Coupe, and a 1965 500 Superfast.

Ferrari shows California with unique upholstery at Goodwood

Order up a new Ferrari and you can get it just about any way you want it. That's what the company's Tailor Made program is all about. And it's showcasing some of the possibilities at the Goodwood Festival of Speed this weekend with the unique cabrio you see here. This one-of-a-kind Ferrari California T has been done up in a special blue and white livery. Its three-layer Bianco Italia paintjob is overlaid with a pair of offset blue stripes, complimented by a set of 20-inch alloys in blue and silver. The interior is similarly done up in blue and white, but it's the material with which that's done that's the most interesting bit. Maranello has upholstered and trimmed the interior of this particular California with a new high-tech material called Mycro Prestige. It's less than a millimeter thick and weighs only a third of what the leather would, but it's flameproof and water resistant while being porous and breathable. Sort of like Alcantara, but more advanced. Of course these are only some of the options Ferrari can offer through its Tailor Made program. Clients are set up with their own personal designer who'll walk them through the endless choices available through three collections, dubbed Scuderia, Classica and Inedita, the latter offering the most out-there choices. So if what you really want is a Prancing Horse swathed in cashmere or denim, Ferrari will be only too glad to oblige your open checkbook. Related Video: "TAILOR MADE" FERRARI CALIFORNIA T SHOWCASES NEW LIGHTWEIGHT MYCRO PRESTIGE FABRIC Maranello, 24 June 2015. Ferrari will be showcasing a very special "Tailor Made" California T at the Goodwood Festival of Speed, inspired by the passion and colours of Polo and Horse racing. The California T encapsulates the ethos of personalisation, with a Bianco Italia three-layer exterior with a double-asymmetric stripe in Blu Hellen mirrored by a sumptuous Blu Sterling interior with Bianco elements and highlights. The car is finished off with 20" forged wheels which have been painted in Blu Hellen and Argento Nurburgring. This particular California T showcases a new high-tech "Mycro Prestige" fabric material that has been specifically made exclusively for Ferrari. Mycro Prestige is a highly resistant material that offers an exceptional level of grip, and, thanks to its unique mixture of fibres which are only 0.7mm thick, it is only one-third the weight of traditional leather.

Ferrari to be spun off from Fiat Chrysler

The recently merged Fiat Chrysler Automobiles empire has ambitious plans for growth, and it's going to need some big bucks in its coffers in order to enact them. Part of that cash injection is coming from the floating of its IPO on the New York Stock Exchange, but now FCA has announced a further capital campaign to be based on the enormous asset that is Ferrari.
FCA's board of directors has just approved the separation of Ferrari from the rest of the group as a separate entity. Once that separation is complete, Ferrari will put 10 percent of its shares on the stock market "in the United States and possibly a European exchange" as well.
This isn't the first time that the idea of a Ferrari IPO has been raised. Sergio Marchionne, chief executive of Chrysler, Fiat and Ferrari (pictured above), first raised the idea four years ago. Former Ferrari chairman Luca di Montezemolo nixed the idea, but now that he's been discharged, it appears there's nothing to get in the way of Marchionne's desires.