1979 Replicakit Makes Ferrari Daytona 365 Gts Daytona on 2040-cars

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That aluminum-bodied '69 Ferrari Daytona barn find sold for $2.2M

Barn finds are a strange thing. The idea that some beautiful or rare car can simply be locked away and forgotten about seems unthinkable to many enthusiasts. Still, there's entire communities and several television shows dedicated to unearthing these vehicles. One of the most notable finds in recent memory was the sole road-going aluminum-bodied 1969 Ferrari 365 GTB/4 Daytona in existence. The car just sold for about $2.2 million at an RM Sotheby's auction this past weekend. According to the auction house, this is the 30th of just over 1,200 Ferrari Daytonas ever built. This particular car was found stowed away in Japan, having sat collecting dust and dirt for nearly 40 years. While five aluminum-bodied Daytonas were built for racing, this is the only known street car with aluminum body panels. According to an evaluator, the engine and transaxle are both numbers matching. The odometer reads 36,390 kilometers, or about 22,611 miles. That number is believed to be accurate. All the aluminum body panels wear the correct Scaglietti markings. This car has Rosso Chiaro paint over Nero leather (red over black). Other options include Plexiglas headlamps and power windows. The interior is said to be in surprisingly good shape. The car sold for just more than its initial estimate. Let's hope the new owner gets it back into running condition. Related Video: Featured Gallery 1969 Ferrari 365 GTB/4 Daytona Berlinetta Alloy View 25 Photos News Source: RM Sotheby's Ferrari Auctions Coupe Classics

Why this 1964 Ferrari 250 GTO will sell for at least $45 million

A 1962 Ferrari 250 GTO by Scaglietti will be up for auction by RM Sotheby's in Monterey next month. Actually, perhaps "the" 1962 Ferrari 250 GTO would be more appropriate, because the list of its accomplishments, claims to fame and reasons for being extremely expensive are probably more than the rest. And by "rest," we mean 36. And by "extremely expensive" we mean an expected sale price of between $45 million and $60 million. View 47 Photos If you want to read in vivid detail about the car in question, RM Sotheby's provides a lengthy tale of "the world's most important, desirable, and legendary motor car." Trying to regurgitate it here really wouldn't do it justice. Instead, here are some of the bullet points. No. 3 of 36 Ferrari GTOs built. Known as 3413. Considered by experts to be one of the most authentic and original of those 36, all of which survive One of only 4 of those 36 to receive upgraded at the time with Series II GTO/64 body work by Scaglietti. It is more aggressive in appearance, more aerodynamic and many say attractive Won the 1962 Italian GT Championship First in class at the 1963 Targa Florio in its original body work First in class at the 1964 Targa Florio in the Series II body work you see today, as detailed in the Sotheby's story Won its class in the 1964 Targa Florio, helping Ferrari win the 1964 International Championship for GT Manufacturers More than 15 class and overall wins from 1962 to 1965 Last purchased in 2000 for $7 million – There's a reason German banks are suggesting adding a classic car to your investment mix. 3413 has actually been driven during that time, making appearances at countless classic events and vintage races Purchase includes exclusive access to some of the world's most prestigious events and rallies, including the GTO club and tours – Value! Currently fitted with a 250 GT engine block built to GTO specification to allow the car to be driven to those countless classic events and vintages races – The original block has been removed for preservation and comes with the car. This Ferrari's expected price of between $45 million and $60 million would make it the most valuable car ever put up for auction. A 1963 250 GTO sold for $70 million in a private sale. Another sold at auction in 2013 for $52 million, so the upper level of 3413's sale estimate definitely seems feasible. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Fiat gives outgoing Ferrari chairman $35M severance package

Luca di Montezemolo may not have wanted to leave Ferrari this way, but don't feel too bad for the departing chairman, because he'll be hitting the ground with a golden parachute so big that he'll never have to work again.
According to the latest reports, Fiat will pay Montezemolo 26.95 million euros (nearly $35 million) in severance pay. A little more than half of that will be paid in a lump sum of 13.71 million euros ($17.7M, equivalent to five times his annual salary) on January 31, 2015, with the rest to be paid within the next 20 years.
The payment is contingent on Montezemolo not going to work for a competitor, so don't expect to see him replacing Stephan Winkelmann at Lamborghini or Wolfgang Dürheimer at Bugatti any time soon. At least not until March 2017. Of course with that much cash on hand, the 67-year-old marquis need never work again, but considering how busy he's used to keeping himself, we'd be surprised if he didn't pop up again somewhere.