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1964 Ferrari 250 LM expected to net $12-15 million at RM's NY auction

If you're one of the very fortunate souls that has $12 to $15 million burning a very large hole in your pocket, we've found the perfect way to liberate yourself from the burden of so much money - buy this Ferrari, which is being put up for auction. It's a supremely rare Ferrari 250 LM, the 24th member of a 32-car run, that rolled off the assembly line on what we imagine was a brilliant, sunny Italian summer's day in July of 1964.
Officially known as Chassis 6107, this 250 LM is rare because unlike its brothers, it wasn't originally bought to be a race car. Its first owner used it more or less as a toy, both around town and on the infamous Mulholland Drive, in California. After a pair of owners, it found its way into the hands of an Ecuadorian pair, who kicked off its racing career. Its best result was at the 1968 24 Hours of Daytona, where it finished eighth overall and first in class, although subsequent runs at Daytona and Sebring were less successful. Its most recent owner was a Japanese collector, who purchased the car in 1983 and has had it on display ever since.

Ferrari design contest winner is sleek Manifesto concept [w/videos]

Ferrari asked students at a selection of top design schools around the world to submit their best ideas, and this is the one that a jury of people close to the company unanimously chose as the winner. It's called the Manifesto, and it was designed by six students at the ISD-Rubika in Valenciennes, France. The sleek design features a single line extending from the nose, rising between the arched fenders, over the greenhouse, and back to the tail. The rear wheels are spaced from the tapering greenhouse in a manner not unlike those on the Ford GT. There's a snorkel air scoop on the roof, thin strips for head- and taillights, and a split cockpit that opens with canopy-like clamshell doors. The striking shape is rendered in black with red highlights, and appears to be propelled by some manner of jet engine. The jury was made up of designers, engineers, collectors, and drivers – including Paolo Pininfarina, Sebastian Vettel, Nick Mason, and Jay Kay. Despite their varied backgrounds, Ferrari says their decision was unanimous in singling out the Manifesto as the clear-cut winner. They also made special mention of the FL, a futuristic cockpit layout designed by Roman Egorov – a Russian student at the Hochschule Pforzheim in Germany. The results from an online poll also awarded the popular Premio Speciale to the de Esfera designed by three students from Hongik University in Seoul, South Korea. Check out the winners in the gallery above and the videos below. You can also review all the entries in the supplemental gallery at bottom, and if you think the jury made the wrong call, share your thoughts in comments. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Presenting Manifesto – The Ferrari of the future Winners of Top Design School Challenge announced Maranello, 15 January – The Manifesto, the FL and the de Esfera are the three winning models in the third Top Design School Challenge, in which four prestige institutes submitted three designs each of the Ferraris of 2040. The jury comprised Ferrari exponents in the broadest sense of the term from designers to engineers, drivers and even famous collectors: Nicola Boari, Franco Cimatti, Aldo Colonnetti, Rodolfo Gaffino Rossi, Jay Kay, Flavio Manzoni, Nick Mason, Andrea Militello, Paolo Pininfarina and Sebastian Vettel.

Overnight action from the 24 Hours of Le Mans

We won't go into a recap here, but there are still leading positions being fought for in all classes - it's so close that leads are changing when a car goes into the pits. We'll let the recap wait until the end of the race, so for now enjoy some shots from last night's action at the 24 Hours of Le Mans.