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Ferrari 400 Superamerica Aerodinamico fetches record $4.4M

RM Sotheby's moved an impressive $38.6 million in vintage metal at Amelia Island this year. And the top lot was the sleek classic you see here. It's a 1962 Ferrari 400 Superamerica LWB Coupe Aerodinamico, and its $4.4 million final tally is a record for its type. That's well past what it was estimated to sell for, with pre-sale expectations ranging from $2.7-3.3 million. Sports Car Market records that the previous high-water mark stood only a few hundred grand less at $4.07 million, achieved by a similar example sold by Gooding & Company last January. This particular example was the show car at the 1962 Turin Auto Show and has belonged to Erwin Goldschmidt and his family for the past four decades. As much as it sold for, of course, the Superamerica wasn't the only lot on the docket at RM Sotheby's Amelia Island sale. Other top sellers included a 1984 Ferrari 288 GTO and '68 330 GTS that sold for $2.6 and $2.2 million, respectively, a Pagani Huayra that topped $2 million, and a Bentley R-Type Continental Fastback that went for a high bid of $1.8 million. There was even a highly sought-after 1985 Ford RS200 Evolution that found a new home for $522,500 and a 2003 Aston Martin DB AR1 that went for $363,000. Check out the action in the high-resolution image gallery above, the videos below, and the press release at bottom for the full recap. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Related Video: BEST-OF-CATEGORY AUTOMOBILES DRIVE RM SOTHEBY'S $38.6 MILLION AMELIA ISLAND CONCOURS D'ELEGANCE SALE · RM Sotheby's generates $38.6 million in sales with 89 percent of all lots sold at its 18th anniversary Amelia Island, Florida sale · Top seller: 1962 Ferrari 400 Superamerica LWB Coupe Aerodinamico surpasses estimate at $4,400,000 to set new auction record · Bidders from 20 countries spur lively bidding contests, propelling numerous lots to above-estimate prices · Complete results from RM Amelia Island available online at www.rmsothebys.com · RM Sotheby's continues its global calendar of events in Monaco, May 14, during the Grand Prix Historique de Monaco weekend AMELIA ISLAND, Florida (13 March, 2016) – RM Sotheby's, the official auction house of the Amelia Island Concours d'Elegance, celebrated its 18th anniversary sale in Amelia Island yesterday (March 12) with $38,685,100* in sales and 89 percent of all lots sold.

2015 Mexican Grand Prix is a lot like old times

The last time Formula One visited Mexico, in 1992, 26 cars powered by eight engine manufacturers (counting Honda and Mugen-Honda separately) lined up on the grid; it would have been nine engine makers but the Brabham-Judd cars failed to qualify. In 1992 Lewis Hamilton was seven years old, Sebastian Vettel was five, Max Verstappen was still five years away from being born. Two of the current Sky Sports F1 commentary team, Martin Brundle and Johnny Herbert, were drivers. The starting three were Nigel Mansell on pole – 39 years old, this the year he'd win his only World Championship – and Riccardo Patrese both driving Williams-Renault cars, followed by Michael Schumacher in a Benetton-Ford. Only 13 of the 26 starters would finish. The circuit is has been reworked to today's safer standards, the track surface is brand new and slippery, but the atmosphere and packed grandstands haven't changed. Nico Rosberg was another point of consistency, scoring pole position for the fourth race in a row to beat his now-World-Champion teammate Hamilton by almost two-tenths of a second. The last time Rosberg turned pole position into a victory? The Spanish Grand Prix back in May. Vettel locked up third for Ferrari, followed by the Infiniti Red Bull Racing duo of Daniil Kvyat and Daniel Ricciardo. Williams went two-up as well, Valtteri Bottas in sixth ahead of Felipe Massa in seventh. Max Verstappen turned in a great late lap to reserve eighth place, Sergio Perez did all he could in front of his home crowd to get ninth, teammate Nico Hulkenberg the caboose in the top ten. In that 1992 race the first three on the grid finished the race in the same order after Mansell dominated, and it was almost the same in 2015. If Rosberg had driven the whole season like he drove today the Driver's World Championship would still be up for grabs. He got a great start and held his line through the first corner, coming out ahead of Hamilton through the initial kinks, pulling away as soon as he got to the straight. Hamilton was never more than a few seconds behind, but every time the Brit inched closer the German found a few more tenths to keep his distance. The field got bunched up when the Safety Car came out on Lap 53 after Vettel spun and got stuck in the barriers, but Rosberg handled the restart perfectly. Both drivers made small mistakes in the last few laps while driving on the edge, but Rosberg earned a strong victory, crossing the line two seconds ahead of his teammate.

Ferrari USA boss takes over as F1 team principal steps down

Stefano Domenicali, the team principal of Ferrari's struggling Formula One team, has resigned. Domenicali's term at the helm of the legendary F1 team started with a bang, as the Scuderia captured the constructors' title in 2008, but went downhill rather quickly.
In his tenure, Domenicali, above, has witnessed Red Bull assert its dominance of F1 while the red cars from Italy have languished, failing to even challenge for a championship during the past four seasons. Ferrari's best season under Domenicali was 2012, and it still finished 60 points behind Red Bull.
Domenicali issued a statement saying he took "responsibility, as I have always done, for our current situation."