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Formula One speeds towards radical thousand-horsepower shakeup

The teams, the drivers, the fans, the circuits... few, if any, were satisfied with how Formula One has shaped up since the current regulations took hold last year. But that doesn't mean they aren't working on it. At a recent meeting of the F1 Strategy Group, the leading parties in the sport outlined a new framework that would radically shake up the cars themselves while keeping costs in check. And the biggest change could see the engines producing around 1,000 horsepower. Although a proposal put forth by Ferrari to ditch the current V6 hybrid engines in favor of new twin-turbocharged units was rejected by Honda and Mercedes, the members of the group approved in principal to increase the fuel flow in the existing engines to dramatically boost output. As it stands, the current 1.6-liter turbocharged V6 engines develop around 600 horsepower, with an additional 160 or so kicked in by the electric Energy Recovery System, for a combined output of about 760 hp. What's not clear at the moment is whether the increased fuel flow would necessitate either the return of mid-race refueling (currently banned) or the installation of larger fuel tanks. Red Bull and McLaren also submitted proposals to radically redesign the shape of the cars as well, however a more evolutionary approach was adopted instead. Though far from finalized, the new design would keep the same basic form of the current chassis, but with adjustments to make them more aesthetically pleasing while producing more downforce. Wider tires are also said to be part of the mix. With more power and more grip from the tires and aero, the resulting cars would most certainly end up going much faster than the current ones, which are already starting to nudge the lap records at some of the circuits, many of which were set during the V10 era. The F1 Strategy Group is made up of representatives of the FIA, Formula One Management and six leading teams. The next step will be for the teams' technical directors to iron out how to implement what their bosses have agreed to. If they settle the details fast enough, the revised regulations could be pushed through in time for next season. News Source: AutosportImage Credit: Mark Thompson/Getty Motorsports Ferrari Honda Infiniti McLaren Mercedes-Benz F1

Top tier supercars go for top dollar at RM Sotheby's Pinnacle Portfolio auction

Ferraris continue to rake in money during classic car auctions, and the sale of RM Sotheby's Pinnacle Portfolio collection during Monterey Car Week is only further proof of that. The Prancing Horse grabbed four of the top five spots among the 25 vehicles crossing the block. The leader among them was a 1964 Ferrari 250 LM with an extensive racing history that went for $17.6 million, according to the company's unofficial numbers sent to Autoblog. The only vehicle to keep Ferrari from locking out the top five was a 1998 McLaren F1 LM-Specification that went for $13.75 million. It's claim to fame included being the second-to-last road version of these famous supercars built. Plus, the coupe is only one of two with the LM spec package, which included the 680-horsepower racing version of the V12. Showing more modern Ferraris are also appreciating, a 2005 Enzo went for $6.05 million, taking third place. This example was the last one ever made and was originally gifted by the company to Pope John Paul II. However, he had the car sold for charity. Similarly special, fourth went to a 1994 F40 LM racecar for $3.3 million. Finally, a 1967 275 GTB/4 rounded out the top five also at $3.3 million. Amazingly, the vehicles in the Pinnacle Portfolio came from just one person who the company only identified as a "private US-based gentleman collector." Check out the gallery to see all 25 rolling across the block, including a Toyota 2000GT, Porsche 959, and Jaguar XJ220.

McLaren weighing dedicated P1 Track version

Start drawing parallels between Ferrari and McLaren and you're not likely to be left with much white space on the page when you're done. Both are Formula One racing teams first and foremost, and only started building cars for the road once they'd proven themselves on the racetrack. They both top the leaderboards for the most F1 championships, and have probably swapped more drivers (not to mention sponsors) than any other teams on the grid, but have both fallen behind in recent years and fired their team principals as a result. Their road-going supercars compete for largely the same customers, from the ~$250k, mid-engined V8s of the 458 and 650S all the way up to the latest million-dollar, 900-plus-horsepower hybrid hypercars. But Ferrari is a bigger company and has been in the game much longer, and as a result offers its customers two things that McLaren does not. One is front-engined GTs like the F12 Berlinetta, FF and California. The other is the exclusive XX track program. While McLaren may be showing no intention of taking on the former, the latter could be in the cards. In correspondence with Autoblog, McLaren spokesman Wayne Bruce confirmed a report from Autocar stating that, following requests from a number of P1 owners, the company has contacted all 375 buyers to gauge interest in a dedicated track-only version of the P1. Similar to the Ferrari FXX or the upcoming LaFerrari XX, the P1 Track would be set up specifically for the circuit. According to Bruce, "the P1 'Track' will have (even) more power and (even) torque than the road legal P1. It will also have (even) more extreme, aero tuned styling and an (even) more minimalist interior." All of which sounds pretty promising, considering the starting point is a hybrid hypercar with 903 horsepower and 664 pound-feet of torque on tap. But that's not all: "McLaren will organise a series of track events dedicated to the P1 'Track' and its owners. There will be one-to-one driver training for this very exclusive group, too." In other words, a similar approach to what Ferrari takes with its top clients, only likely without the pretense of paying to serve as a factory test driver. Production of the P1 Track would only start once all 375 road-going versions were completed, and though "the number to be produced has not been established yet... we envisage it being in the low double digits," with application open exclusively to existing P1 owners.