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Ferrari vs. Ferrari: Cut convertibles unloved by collectors?

The New York Times' Wheels blog has a really interesting story on a pair of Ferraris that are set to be auctioned off in Monterey during the Pebble Beach Concours d'Elegance. While the two cars are similar on the surface, their differing histories and Ferrari's attitude towards one of them has led to a sort of experimental auction process.
On the one hand, we have one of ten 1967 275 GTB/4 NART Spiders, in the classic Rosso Corsa and appearing at RM Auctions and seen above. On the other, we have a Fly Yellow version that started life as a 1965 275 GTB Coupe, and was converted into a NART Spider. Called a "cut" car, this particular replica is one of about 100 GTB Coupes that were converted into convertibles to satiate the climbing demand for ultra-rare Spiders.
This will mark one of the first times that an original NART Spider will go toe to toe with a replica of itself at auction, and will answer a number of questions about just how important provenance is in the collector car world. Head on over to The Times blog for the full story.

Ferrari recalling 85 LaFerraris under two separate campaigns [UPDATE]

Of the recalls we see on a regular basis, million-dollar exotic supercars don't often pop up. But that's exactly what we have on our hands today as Ferrari North America and the National Highway Traffic Safety Administration have issued a pair of recalls for all 85 examples of the flagship LaFerrari hybrid hypercar in the United States. The first of the recall campaigns revolves around the headrests, which "may not absorb the required amount of energy" and therefore fail to comply with the federal safety requirements. The issue involves the larger L32 seat supplied by Lear, fitted as standard for the passenger and optional for the driver's seat. Addressing the issue will require dealers to replace the headrests. The second recall involves the Tire Pressure Monitoring System, which – in the event of a puncture – will display the wrong message. Instead of telling the driver not to proceed on the punctured tire, as apparently required under federal regulations, the system would (as currently programmed) tell the driver to keep driving, but not above 50 miles per hour. Ferrari dealers will need to update the software to fix the problem. These recalls do not represent the first time Ferrari has called in the hybrid hypercar over a potential safety issue. This past March, owners were offered the opportunity to have the fuel tanks replaced. However, unlike these latest campaigns that are being handled in coordination with the NHTSA, Ferrari insisted that the previous fuel tank issue did not constitute a recall. UPDATE: Ferrari North America confirms that no accidents or injuries have been reported to have resulted from either of these issues, which will be addressed in other markets as well - including Canada, where a further 11 units are affected. In order to fix the seat issue, "a small insert will be added to the back of the (large size only) seat headrest." Rectifying both issues "will take approximately an hour of service." Related Video: RECALL Subject : Headrest Impact Energy Absorbtion/FMVSS 202a Report Receipt Date: MAY 22, 2015 NHTSA Campaign Number: 15V305000 Component(s): SEATS Potential Number of Units Affected: 85 Manufacturer: Ferrari North America, Inc. SUMMARY: Ferrari North America, Inc. (FNA) is recalling certain model year 2014-2015 LaFerrari vehicles manufactured May 15, 2014, to March 4, 2015. The affected vehicles have L32 seats as standard equipment for the passenger seat and as optional equipment for the driver seat.

Ferrari Classiche gives 250 GT a new lease on life [w/video]

There are plenty of workshops filled with skilled craftsman who'd be glad to restore a classic Ferrari. But many are opting to sending their vintage Prancing Horses back to the factory in Maranello to be worked over by the company's own Classiche department. Like this Ferrari 250 GT SWB Berlinetta Competizione, for example. The car was delivered new to Scuderia driver Dorino Serefani, who rarely drove it and sold it in 1964 to a Frenchman who crashed it. He in turn sold it to a Belgian who brought it back to life, repainted it dark blue and gave it a black interior. Another former F1 driver Jacques Pollet bought it next and repainted it in gray, before another Belgian owner bought it in 1984 and had it resprayed yellow in 1992. That's a lot of color changes over the years, but its next owner had yet another livery in mind. He took to Ferrari Classiche in March of last year and had it brought up to spec, this time selecting a Pininfarina gray with a brown interior. The restoration process took 14 months and involved restoring the engine, bodywork, suspension, and rolling stock. Now after more than a year of work, the process is complete and the owner has retaken delivery of the classic Cavallino just the way he wanted it This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. A new lease of life for a 250 GT SWB An extensive 14-month restoration Maranello, 2 December – 14 months of meticulous work – that's how long it took the Ferrari Classiche Department to restore the engine, bodywork, suspensions and running gear of a 250 GT SWB Berlinetta Competizione to pristine condition. The car arrived in Maranello in March 2014 and work began in the summer of the same year, only finishing last week when it was returned to its delighted owner. Famous names. According to the few documents available, the 250 GT SWB Berlinetta Competizione's first owner was Dorino Serafini, a GT and Formula 1 driver who also delivered a podium position in the 1950 Italian Grand Prix for the Scuderia Ferrari. However, he rarely used this particular car, except in fairly low profile races. In 1964, the 250 GT SWB was purchased by Frenchman Rene Richard. Unfortunately, he crashed it and then sold it on to the Belgian driver Lucien Bianchi who was a brilliant mechanic. After it was repaired, the car was given a dark blue livery with a black interior.