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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.

Ferrari teases more specs on its Enzo successor

On its web site, Ferrari has divulged a little more info about the supercar that will succeed the Ferrari Enzo. The Ferrari magazine reported that everything the Scuderia has learned in Formula One has gone into its soon-to-be-revealed animal, and this latest disclosure shows just how much that's true. We don't know its length or width, but Ferrari says one of the targets for the car was "a reduction in height and wheelbase to match that of the 458 Italia."
Rory Byrne, the Ferrari F1 designer that's been involved in 11 world championships for the team, has spent three years contributing to chassis development. That chassis will be laid up by hand in the company's F1 composites department, each chassis composed of different kinds of carbon fiber and cured in an autoclave, F1 monocoque-style. That's part of where the lighter weight and vastly heightened torsional and beam rigidity versus the Enzo comes from. Just behind the tub - and behind the driver's back - will be the batteries and fuel tank, again, just as on an F1 car.
The cockpit will be personalized to the driver in a way that is rare among road cars, with each seat made-to-measure for the driver and then set in a fixed position in the cabin. The steering wheel and pedal box will move to accommodate pilots. What's more, we're told that "the occupant's feet are at the same level as the driving position." That, and the angle of the seatback, will provide "an extraordinarily racy feeling."

Meet the man that discovered and restored the oldest existing Porsche

Luciano Rupolo is an absolutely fascinating gentleman. He was born in France but spent nearly his entire life in Italy as an auto mechanic running his own shop. His grandfather and father instilled a love of sports cars in him that he carried on by historic racing in Italy for decades. He saw his life-long automotive passion repaid when he found and restored the car that might have been the first Porsche registered for the road.
You can spot in his garage a split-window Corvette, Ferrari 250 GTE and other exotics, but Rupolo's most interesting automotive story concerns his Iso Grifo Competizione (pictured above). The sports coupe was found in the Canary Islands as little more than a shell, but Rupolo got help from a prestigious source for its restoration. The result is a motoring masterpiece.
Rupolo is a fantastic storyteller with a captivating, tale to tell. Settle in, scroll down and watch the bittersweet documentary about his life with one of the first Porsches.