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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 launches 488 GTB configurator

Though it may not be as expensive as, say, a Pagani or Bugatti, the bottom line is that most of us will never be able to afford buying a new Ferrari. And most of those who can would probably get one already consigned to a dealer rather than wait on the list. But we can certainly dream. That's where configuration utilities come in, and Ferrari has just added the new 488 GTB to its online customization tool. The system demonstrates just how deeply customers can specify every detail on their new Prancing Horse, from the exterior paint and interior upholstery down to the tiniest detail. Ferrari's lets you choose the color of the brake calipers, the amount of carbon-fiber trim inside and out, the stitching on the leather seats, the color of the carpets and the seat belts. You can even play with the height of the sun in the sky to see how your choices would stand up to the changing light of day. Play around with it first-hand and you'll see, there's really no reason any two should ever have to roll out of Maranello alike. Related Video:

Ferrari 458 Speciale A trots out its 597 sun-drenched ponies [w/video]

To say that Ferrari has made some powerful drop-tops over the years would be like saying the Pope has been known to make a couple of blessings here and there. There was the F50, the 575 Superamerica and the 599 SA Aperta, to name just a few. But this is the most powerful Spider it has ever made. Taking its curtain call at the Paris Motor Show today is the new Ferrari 458 Speciale A – successor to the F430-based 16M Scuderia Spider and lovechild of the 458 Spider and 458 Speciale. That means it's got the same 4.5-liter V8 – all 597 horsepower and 398 pound-feet of it – as the Speciale coupe, but with the folding aluminum roof from the Spider. Best of both worlds, as they say - especially with a 0-62 time quoted at three seconds flat. But since Maranello will only produce less than 500 of them, you'd better check it out in our gallery of live shots above. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.