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Did Ferrari block Montezemolo from becoming F1 chairman?

The Formula One Group has appointed a series of new directors to its board. But while ousted Ferrari chief Luca di Montezemolo is among them, the latest reports suggest that he was earmarked to become the group's chairman, but that Sergio Marchionne blocked the appointment. Montezemolo, for those just joining us, served as chairman of Ferrari since 1991, but was ousted just a couple of months ago by Sergio Marchionne, chief executive of parent company Fiat Chrysler Automobiles who took his place at the head of the table in Maranello. During his tenure as Ferrari chief, Montezemolo sat as the team's representative on the F1 board (and also as chairman of the Formula One Teams Association), but despite having broken ties with Ferrari, Luca was renominated to the board as an independent member. That seat on the board, however, could have been at the head of the table, according to circulating reports, had Marchionne not expressed certain reservations, if not blocked the nomination outright. Montezemolo's appointment would have meant that both the F1 Group and the FIA would have been headed up by former Ferrari men, although Marchionne was quoted as saying that if it had been his call, he would have prevented Jean Todt from being elected to the presidency of the FIA as well. The chairmanship of the Formula One Group is separate from the role held by Bernie Ecclestone, who will continue to run the sport's day-to-day operations. Ecclestone has also rejoined the board along with Paul Walsh, the former head of distilling giant Diageo who was also tipped as a favorite to chair the F1 board. That role instead will return to Peter Brabeck, the former head of Nestle, who had previously stepped down from the chair of the Formula One Group.

Ferrari 250 California record headlines $28.5M Baillon barnfind collection

Barn finds arise from time to time, bearing undiscovered treasures hidden away in some shed for decades before being unearthed and brought to the auction block. But few have ever compared to the Baillon Collection. And now its liquidation is complete, bringing in millions in sales on the back of frenzied bidding. Discovered just months ago, the Baillon Collection comprised some 100 vehicles said to have been rescued from the crusher by one Roger Baillon, a French transport magnate who intended to eventually put the cars on display in a museum. Unfortunately that never came to pass, but when the cars were found in sheds on his estate in rural France, the world took notice. In dire condition and in need of much TLC, 59 of the cars (those worth selling) were consigned to the auctioneers at Artcurial, which just handled their sale during the Retromobile classic car show this weekend in Paris. The highest price was fetched by a rare 1961 Ferrari 250 GT SWB California Spider with the highly desirable covered headlights found in the barn under a pile of old magazines. One of just 37 made, the drop-top Prancing Horse sold to an unnamed international collector for a record $18.5 million – far above initial estimates and, despite its condition, the most ever paid for a 250 GT of any kind. An American collector paid $2.2 million for the 1956 Maserati A6G bodied by Frua, also well above its pre-sale estimate range. A '49 Talbot-Lago T26 bodied by Saoutchik more than doubled even the top of its estimated value at $1.9 million, sold to a European collector. All told, the Baillon Collection brought in a staggering $28.5 million in sales, comprising over half the value of the lots, 89 percent of which Artcurial sold at the Retromobile auction.

Ferrari LaFerrari XX confirmed, seen lapping the 'Ring?

Ferrari makes road cars and they make race cars, but the automaker found a middle ground somewhere in between when it launched the FXX in 2005. Homologated neither for race or street, the FXX emerged as Maranello's first customer development prototype, "allowing" well-heeled clients to test new components for the factory from behind the wheel of one of the most extreme performance machines Ferrari had ever made.
The FXX was based on the Enzo, and was succeeded by the Fiorano-based 599XX. Given the apparent success of the program, we knew it would only be a matter of time before Ferrari would roll out the next XX prototype. But what would it be based on? The Enzo-succeeding LaFerrari? The F12 Berlinetta that replaced the 599 GTB Fiorano? Or another model entirely, like the 458 Italia, FF or California?
Well now we appear to have our answer. Speaking during the Ferrari Racing Days (an extravaganza of cavallinos prancing around a different racetrack each year, held recently in Sydney), Antonello Coletta confirmed that development is underway on a LaFerrari XX. And he ought to know, seeing as how he's the head of the company's new Sporting Activity Department that overseas all of Ferrari's on-track activities - including the XX program. The news was confirmed by Ferrari in correspondence with Autoblog. Oh, and perhaps because of the spy photos you see above, which were shot recently at the famed Nürburgring track, showing an unpainted LaFerrari of some sort making fast laps and testing various tire options.