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Haas F1 secures engine deal with Ferrari

Plans are coming together for Gene Haas to launch his US-based Formula One team in 2016. The tooling magnate and NASCAR team owner has renamed his grand prix racing outfit from Haas Formula to Haas F1, he's setting up shop in North Carolina with a satellite location to be announced somewhere in Europe, and now he's penned an engine supply deal with Ferrari.
The deal doesn't come as such a surprise after Haas signed on as a sponsor with the Maranello squad a couple of months ago, but confirms the reinforcement of the partnership between the two teams. "The multi-year agreement," according to Ferrari in the statement below, "is for the supply of the entire power unit starting from 2016," including the engine, hybrid assist and presumably the gearbox as well. But that's not the extent of the deal.
Billed as a "technical collaboration agreement," the deal opens the door for Haas and Ferrari to cooperate even more closely than the latter does with existing powertrain customers Sauber and Marussia. "We believe this new partnership has the potential to evolve beyond the technical role of supplying our power unit and all related technical services," said Scuderia Ferrari team principal Marco Mattiacci.

These are the top 10 highest-grossing auctions of Scottsdale 2015

Scottsdale always brings some pretty high-value metal across the auction block, but this year saw a particularly pricey array of classics trade hands. In fact, Hagerty reports that, with over $292 million in total sales from the various auction houses present, this past holiday weekend saw an 18 percent increase over last year – the second-highest year-to-year increase in Arizona automobile auction history. The Pratte Collection auction handled by Barrett-Jackson sold to the tune of $35.5 million, accounting for a large portion of overall sales, but even without that staggering array of classics, there was still an enviable array of machinery on the block this year. The highest-value lot not only of this year's event but of any year prior was the 1964 Ferrari 250 LM that RM Auctions sold for $9.6 million. And as you might have guessed, Ferraris accounted for the lion's share of the top ten results this year – including the first, second, third, fifth, seventh, eighth and both the lots that tied for tenth place on the list. In fact, three out of the top ten were Ferrari 275s. Coming in second place was the 1966 Ferrari 275 GTB Competizione that Bonhams sold for $9.4 million, which – like the 250 LM – was also raced by Scuderia Filipinetti. It was followed by a '59 Ferrari 250 GT LWB California Spyder sold by Gooding & Company for $7.7 million. Barrett-Jackson sold a '66 Shelby Cobra 427 Super Snake for over $5M, Gooding handled a '62 Ferrari 400 Superamerica ($4M), and Barrett-Jackson's 1950 GM Futurliner brought in another $4M for charity. The remaining top ten was filled out by a '67 Ferrari 275 GTB/4 ($3.6M – RM), a '73 Ferrari 365 GTS/4 Daytona Spyder ($3.3M – RM), and a '54 Pontiac Bonneville Special Motorama concept ($3.3M – BJ), with a '66 Ferrari 275 GTB/2 Longnose and an '84 Ferrari 288 GTO tying for tenth place at $2.75M apiece by RM. Featured Gallery Top 10 at Scottsdale 2015 View 11 Photos News Source: Hagerty Ferrari Auctions Classics bonhams rm gooding hagerty

Tax The Rich goes slow-mo with a Ferrari F50

What is it about slow-motion video that makes everything so much cooler? Whether it's as simple as slapshot during a hockey game or as complex as a hypercar, filming in slow motion adds a new sense of depth, technicality and beauty to the subject. That's especially true when the video in question includes a rare Ferrari F50 and the team from Tax The Rich.
One Autoblog staffer called it "mesmerizing" the first time he watched it, and we're certainly inclined to agree. The F50 has never been a very pretty car, but in this setting, it's somehow incredibly compelling, as it drifts around a corner and does donuts at an agonizingly slow pace. Scroll down for the entire video, and let us know what you think in Comments.