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Ferrari Driver Academy heads to Florida for the winter

Retirees and Girls Gone Wild camera crews aren't the only ones who go to Florida for the winter. So is a contingent of aspiring formula racing drivers taking part in the new Florida Winter Series being set up by the Ferrari Driver Academy.
The program is being set up in response to a lack of suitable weather at circuits in Europe, which would otherwise keep rising stars in formula racing from honing their skills during the off-season. Toyota runs an off-season series in New Zealand, but Ferrari is heading to the most southern of these United States to give its prodigies some much-needed track time.
Set up as more of a training program than a competitive championship, the FDA Florida Winter Series is based around a field of 15 aspiring drivers piloting the Formula Abarth-spec Tatuus FA010B, with a 195-horsepower engine furnished by Fiat Powertrain Technologies and an engineer for every three cars in the series.

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.

Is the $1.4M LaFerrari sold out?

If you look at the stratospheric sticker prices on the latest generation of hypercars and wonder how an automaker could possibly justify it, bear in mind a few factoids. For one thing, even when the sticker prices start lower, they quickly balloon past the million-dollar mark. For another, automakers charge that much because they can, and don't seem to have much trouble selling them all.
Case in point: the new LaFerrari. While presenting the state-of-the-art supercar on CNBC, Ferrari North America CEO Marco Mattiacci revealed that all 499 examples that will be made of the hybrid hypercar - including those 120 earmarked for North America - have already been spoken for. This despite the $1.4 million asking price that makes it the most expensive Ferrari ever made.
Or the most expensive new Ferrari, we should say, because prices for the most collectable machines ever to roll out the gates at Maranello continue to rise. Figure you'll save a little and get LaFerrari's predecessor? Trading hands these days at prices approaching $2 million (around three times its original $660k MSRP), the Enzo is even more expensive. And that's just the scarlet tip of the iceberg.