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$11.55 million 1964 Ferrari 250 LM highlights RM Auctions' first night in Monterey

Some of the biggest auto auctions of the year are held during the weekend of the Pebble Beach Concours d'Elegance. Millionaires gather in hopes of outbidding their contemporaries for incredibly rare cars. As Bonhams' record sale on Thursday of a 1962 Ferrari 250 GTO for $38 million showed, these days the world's most expensive vehicles are found at auctions, often with a prancing horse on the nose.
RM Auctions' Friday sale reinforced this even more when a 1964 Ferrari 250 LM topped the evening by bringing in $11.55 million, after the 10 percent commission. It wasn't the only million-dollar vehicle of the event, though. A 1965 Ford GT40 Roadster Prototype garnered $6.93 million, and a 1966 Shelby Cobra 427 brought $1.705 million. Even a classic 1948 Tucker 48 had a final price of $1.57 million.
Surprisingly, some rather new cars actually brought in quite big money, too. A 2013 Bugatti Veyron 16.4 Vitesse Le Ciel Californien sold for $2.42 million, and a 2006 Ford GT with just 13 miles sold for $407,000.

Take a peek inside the cockpit of the Ferrari SF90 Stradale

The Ferrari SF90 Stradale has just been revealed, and the most important thing to know is that it's Ferrari's most powerful production car yet with 986 horsepower. The next most important thing to know is that it's a plug-in hybrid with a turbocharged V8. The powertrain features Ferrari's most powerful V8 yet making 769 horsepower and 590 pound-feet of torque on its own. It also has three electric motors with two at the front and one in the back, and combined they can provide up to 217 horsepower. This also means that the SF90 Stradale is all-wheel-drive. Getting power from the internal combustion powertrain to the wheels is an 8-speed dual-clutch transmission that shifts 100 milliseconds faster than the transmission in the 488 Pista, but it also weighs about 22 pounds less than Ferrari's existing 7-speed dual-clutch transmission. This is due in part to not needing a reverse gear, since reverse is handled by the front motors. In total, the SF90 weighs in at 3,461 pounds. And at 155 mph, the aerodynamics add 860 pounds of downforce. When everything is deployed on pavement, it hits 62 mph in just 2.5 seconds. And for Ferraristi, it lapped the Fiorano test track in 1 minute and 19 seconds. Of course being a plug-in hybrid, it does have a full electric range. It's a bit short at 15.5 miles. Then again, this isn't entirely about fuel economy; the electric motors allows for torque vectoring, and provide extra traction on launch and help fill in any throttle lag from the gas engine. Ferrari SF90 Stradale interior View 3 Photos The interior is high-tech, too. The instrument cluster is a huge 16-inch display. The steering wheel now features touch pads for controlling the instrument cluster, too. You won't see Ferrari's traditional manual transmission selector between the seats. Shifting duties are handled by paddles mounted to the steering wheel. It's also worth noting that this is the first Ferrari that features a head-up display. Want one? Deliveries are scheduled to begin in the first quarter of 2020.

$3M Ferrari FXX K already sold out [w/videos]

When Ferrari took the wraps off its new FXX K track machine in Abu Dhabi last week, it conspicuously left out some key details. Sure, the Prancing Horse marque told us how much power it produced, and what it had done to the aero package to make it hug the track even closer than the road-going LaFerrari on which it's based – but it didn't tell us just how fast it will go, or how much it will cost. The latest reports, however, seek to fill in those blanks. According to Ferrari marketing chief Nicola Boari in speaking to Top Gear, the FXX K will lap the company's Fiorano test track in 1 minute 14 seconds. That would make it five seconds faster than the LaFerrari, a solid second ahead of the 599XX Evoluzione and two seconds faster than the original FXX. However it seems to fall short of the eight- to nine-second gap those previous XX derivatives opened up over the road-going models on which they in turn were based. So it seems, for the time being at least, that the 1:11.9 lap time recorded by the 333 SP – an open-cockpit sports prototype from the late 1990s – will remain for now the fastest car this side of an F1 racer ever to lap the circuit. The outright record stands at under 56 seconds and belongs to Michael Schumacher in the ten-cylinder F2004 he drove to his seventh and final world championship. As for the FXX K's production, Top Gear reports that Ferrari will build fewer than 40 of them, and that they've all been spoken for – at a price of ˆ2.5 million (more than $3M) apiece. If you're not one of those forty fortunate souls to have put down their deposit, your best chance to see this rare beast in its natural habitat (at least until one of the XX track days hits a race track near you) are the live images above and the handful of videos below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.