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Ferrari 250 GTO may have set new sale record at $52M

Records are made to be broken, and it seems that one may have just been snapped again. An Italian website is reporting that a Ferrari 250 GTO, owned by American collector Paul Pappalardo, recently sold for $52 million.
Now, this is far from confirmed - Pappalardo responded to questions about the sale saying, "I do not confirm these things, I have no comment about!" - and if it's a private sale, it's unlikely that we'll ever know the exact amount of the transaction. If that figure is correct, though, it easily eclipses the $35 million made in a 250 GTO sale in April of 2012, as well as the $27.5-million sale of a 1967 Ferrari 275 GTB/4 NART Spider sold at RM's Monterey auctions in August.
What makes a car that had 39 examples built more valuable than one that had only 10 units produced? Racing pedigree. The 250 GTO is a racing legend, with each car having a unique provenance that is more than enough to add some serious value. According to 0-100.it, the GTO in question, 5111GT, found its first owner in French racer and winner of the 1964 24 Hours of Le Mans, Jean Guichet, back in 1963. The Frenchman used the V12-powered racer to win the GT category of the Tour de France Automobile in that same year.

Driver, track worker survive horrific Ferrari 458 crash at Suzuka

Two people are lucky to be alive after a brutal crash during a recent Ferrari 458 Challenge event in Japan. Driver Shigeru Terajima lost control of his machine on the Suzuka Circuit start/finish straight, left the course at nearly 200 miles per hour and struck the inside wall where a corner worker was standing and monitoring the race. The 458 immediately disintegrated, sending bits of carbon fiber bodywork, suspension components, wheels and tires scattering into the infield and across the race course. The passenger cell spun through the air before coming to a stop on its roof.
Miraculously, both Terajima and the corner worker survived the incident. While the driver was transported to a local hospital in serious condition, he's expected to make a full recovery. The track worker, meanwhile, saw the incident coming and dove out of harm's way at the last possible moment, saving him from the brunt of the impact. You can watch an observer's frightening footage of the Ferrari crash by scrolling below.

Ferrari planning special Schumacher tribute to mark injured racer's 45th birthday

Michael Schumacher may have completed his Formula One career with Mercedes-Benz, but the German racer will forever be associated with the Scuderia Ferrari, where he spent the better part of a decade winning just about everything. And as the seven-time World Champion continues to fight for his life following a skiing accident, the Tifosi are in the midst of organizing to pay tribute to one of their greatest heroes as his 45th birthday approaches.
According to the Scuderia's Facebook page, it's calling on Scuderia Ferrari Clubs from across Europe to show up at the Grenoble Hospital where Schumacher is being treated for a "silent and respectful" event to honor the injured champion, whose birthday is tomorrow. There's also a tribute being run on the Scuderia's website passing along the team's thoughts as Schumacher tries to recover from his injury.
The latest reports on Schumacher indicate that his condition continues to be stable, but he remains in a medically induced coma. News of the circumstances surrounding his ski mishap continue to trickle out, with the latest report from The Mirror heartbreakingly suggesting that Schumacher was actually attempting to help a friend's daughter who had fallen herself when he had his own tumble.