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Record-setting 1953 Timossi-Ferrari V12 hydroplane is as rare as it gets

Luigino "Gigi" Barp, the head of technical service at Ferrari Classiche, the company's restoration and certification division, says it is impossible to put a value on the 1953 Timossi-Ferrari Arno XI hydroplane racing boat. It's a one-of-a-kind piece with a one-of-a-kind engine that was specially designed to beat and set the world speed record on water. With Achille Castoldi behind the wheel, it achieved that goal back in 1953. In 2019, after a restoration and some time at the Ferrari Museum, it's for sale on DuPont Registry.  Although numerous Ferrari automobiles have set many records and earned countless first-place finishes on land, there is only one world-record-holding Ferrari-powered boat. The details and timelines of how it all came together are a bit murky, depending on the source, but it all centers around Castoldi, a world-class boat racer from Italy. According to RM Sotheby's, Castoldi had success with Alfa Romeo in lower-weight-class racing in the '40s before deciding he wanted to set the water speed record in the 800-kilogram class. Castoldi was reportedly friends with people at Ferrari, and he was fortunate enough to secure a Tipo 375 V12 engine for a three-point hydroplane built at Cantieri Timossi boatyard in Italy. That's the same engine Ferrari was using for its F1 Grand Prix cars of the time. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. After realizing the engine was still not powerful enough in its original form, Castoldi reportedly worked with Scuderia Ferrari’s chief race engineer Stefano Meazza to up the power. The engine, which started at roughly 385 horsepower, reportedly gained two superchargers and twin four-choke carburetors and boasted more than 500 horsepower in methanol-fueled race tune. It also received a dual-magneto ignition system, and each cylinder used two spark plugs. Castoldi called the boat Arno XI, and on October 15, 1953, he set the water speed record for the 800-kg class by averaging 150.19 mph during a two-way run. Some years passed, and racer Nando Dell'Orto later took ownership. He reportedly made some aerodynamic tweaks, including the shark nose intake and the rear shark fin before eventually retiring the boat from serious racing. In 2012, the Arno XI emerged from the shadows as lot No. 371 at an RM Sotheby's auction, where it sold for ˆ868,000, or roughly $966,000.

Ferrari 212 Barchetta highlights RM auction at Villa d'Este

While show-goers sip champagne and basque in the glow of some of the most beautiful classics and most notable concept cars at the Concorso d'Eleganza Villa d'Este, at the Villa Erba just down the shore, collectors bid on some of the most tempting automotive creations. And this year was no exception. Highlighting RM Sotheby's auction this year was a rare classic 1952 Ferrari 212 Export Barchetta. The Touring-bodied competition roadster from Ferrari's early days fetched an incredible ˆ6,720,000 – nearly $7.4 million at current exchange rates – to set a new record for that model. According to Sports Car Market, the previous record was held by a 212 Export coupe that sold for $3.2 million early last year. A Barchetta failed to sell for a high bid of $1.97 million in 2008, which just goes to show how far this auction raised the bar for the 212. Though it was by far the top lot of the day, it wasn't the only million-dollar sale of the day. Heck, it wasn't even the only million-dollar Ferrari sold. A quartet of Ferrari supercars – including a 288 GTO, F40, F50 and Enzo – each fetched seven figures, as did a 250 GT Berlinetta Lusso and a 250 GT Cabriolet. So did a Lamborghini Miura, a '73 Porsche 911 Carrera RS 2.7 and a '53 Fiat 8V Cabriolet, if you can believe it. Other notable lots included a 1949 Alfa Romeo 6C 2500 SS Villa d'Este Coupe, a '74 Lancia Stratos and a rare stick-shift Ferrari 599 HGTE. All told, RM Sotheby's racked up nearly $30 million in sales at its first European auction since merging and rebranding, selling 34 out of the 39 lots consigned, but that stunning 250 California Spider did not appear to be among them.

Jeep Grand Cherokee Trailhawk and a Final Four of automakers | Autoblog Podcast #723

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Consumer Editor Jeremy Korzeniewski. We start out with news on the Lotus Eletre and Ferrari Purosangue. These two high-end crossovers are followed by discussions about the new inline-six engines from Stellantis and an overabundance of Hummer EV orders. Next we try something we've never tried before: ranking automaker blue bloods. We took inspiration from the current NCAA tournament, which features Duke, North Carolina, Villanova and Kansas — very much traditional blue-blood basketball programs — to name our Final Four automakers. Let us know if you agree or disagree with our picks and what your definition of a blue blood car brand is. We wrap up with a discussion about the Jeep Grand Cherokee Trailhawk that Jeremy's been driving all week. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #723 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Lotus Eletre Ferrari Purosangue Stellantis inline-six Hummer EV orders Cars we're driving Jeep Grand Cherokee Trailhawk Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Green Podcasts Ferrari Hummer Jeep Lotus Crossover SUV Electric Luxury Off-Road Vehicles Performance