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Ferrari 488 GTO would be fastest V8 car ever from Maranello

It should surprise absolutely no one to learn that Ferrari may be cooking up an even hotter variant of the 488 GTB. If a report from Autocar is true, the new car will resurrect the hallowed GTO moniker and pack more than 700 horsepower from its twin-turbocharged mid-mounted V8. It would be the successor to the wild and wonderful Ferrari 458 Speciale, the swan song for the naturally aspirated V8 in Maranello. This will be the fourth time Ferrari has used the name GTO. The first was in the 1960s on the 250 GTO and then again in the 1980s on the 288 GTO. Most recently, a more track-oriented variant of the 599 GTB was released as the 599 GTO. Each of these cars eschewed most pretense of comfort and civility in the pursuit of power and performance. While they didn't carry the GTO moniker, the 430 Scuderia and the 458 Speciale were designed with a similar philosophy. Since the standard 488 GTB already makes 661 horsepower, it doesn't seem like a stretch to up the boost and strengthen the internals to move the needle past 700. Ferrari can't let the new 710-horsepower McLaren 720S have all of the fun. The 488 GTO should use lighter components and lose some interior trim and sound deadening to drop weight. Autocar believes the new model will dip below 3,000 pounds, absolutely svelte for a car this size. The car should have better aero, a revised suspension, and higher performance wheels and tires. For non-Ferrari comparison, think Porsche 911 GT3. We've seen some s py shots of a new Ferrari recently, but at the time we thought this might be the rumored Dino. It's unclear if that's still the case, but either way, look for something big from Ferrari sometime later this year. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Buy a McLaren P1 GTR, Porsche 918 Spyder, and a Ferrari LaFerrari all in one place

The McLaren P1, Porsche 918 Spyder, and Ferrari LaFerrari, are arguably the three greatest hypercars yet. Of course, their extremely limited production meant that some ultra-wealthy individuals may have missed out on picking one up. In fact, to get a LaFerrari, you needed to have owned a certain number of Ferraris, and be in good graces with the company. However, if there are any super-rich car enthusiasts reading this right now, your chance to buy one or all of these three supercars is coming up next month at the RM Sotheby's Villa Erba auction in Italy. It will occur on May 27, and feature a McLaren P1 GTR, Porsche 918 Spyder Weissach, and Ferrari LaFerrari. 2016 McLaren P1 GTR McLaren fans, will RM Sotheby's won't offering just any McLaren P1, but rather the hardcore, track-prepped GTR variant. In fact, the GTR is so hardcore that it isn't legal for the street. This particular version went to specialist Lanzante to be converted for road use. Take note that it's only road legal in the UK, and it may not meet laws for other countries. However, that's still more than most GTRs can boast, and if you have the money for this, you shouldn't have any issue taking it to the UK to unleash the P1 GTR's 986 horsepower on public roads. This car could use some driving, too, as it only has about 223 miles on it, some of which included just one track event. RM Sotheby's expects this McLaren to go for between $3.4 million and $3.85 million. 2015 Porsche 918 Spyder Weissach View 31 Photos The Porsche 918 Spyder going up for auction is a special one as well. The first difference you'll notice is that it has been painted a custom color called "Arrow Blue," a hue specially mixed up as part of Porsche's custom paint service. It also features the lightweight Weissach package, which loses a few extra pounds by replacing an assortment of parts for lighter components. Among them are magnesium wheels and wheel bearings, carbon fiber roof, windshield frame, rear fenders, and rear view mirrors, and even titanium-backed brake pads. According to RM Sotheby's those pads have been replaced with fresh 918-spec pieces. The previous owner clearly enjoyed his or her 918, as it has just over 6,800 miles. In case you're interested in a well-loved 918, the auction house expects it to sell for just under $1.3 million to about $1.5 million.

Ferrari 400 Superamerica leads $60M RM Sotheby's sale at Amelia Island [w/video]

Just last month, two of the most venerated auction houses came together under one roof. And this past weekend, the newly christened RM Sotheby's held its first event at the Amelia Island Concours d'Elegance, selling a record $60 million worth of classic automobiles. The event's highlight was surely the gorgeous 1960 Ferrari 400 Superamerica SWB Cabriolet pictured above. Resplendent in dark green over a red leather interior, this particular Superamerica set a record for that model when it sold for $6.38 million, with proceeds going towards a children's education charity. That price far outstrips the record $4 million that Gooding & Co. got for that sleek white Aerodinamico coupe in Scottsdale earlier this year. Among the other seven-figure items were of course some other Ferraris, including a rare '72 Daytona Spider that went for $3.3 million, along with a smattering of Jaguars, Mercedes, Alfas, Lamborghinis and Bugattis. A rare 2007 Ferrari 599 GTB Fiorano with a manual transmission sold for nearly triple its estimate at $682,000, and the Daytona-winning, Castrol-liveried 1988 Jaguar XJR-9 sold for over $2 million. Of course RM Sotheby's wasn't the only company holding an auction during the Florida concours. But as the event's official auction house, it brought in more than all the other participating auctioneers combined, setting a record for Amelia Island in the process. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.