1999 Ferrari 360 Modena Coupe F1 Only 5,934 Miles / Serviced / Silver / Black on 2040-cars

Auto blog

Classic Ferraris fight currency rates for bragging rights

Which is the most expensive car ever sold at auction? That should be a fairly straightforward question to answer, only it isn't. Due to currency fluctuations, we're actually dealing with two contenders, both of which have legitimate claims to the crown. The contenders are both classic Ferraris, each of them worth in excess of $30 million. In one corner is the 250 GTO sold at Pebble Beach in 2014 for $38 million. In the other is the 335 S sold in Paris just the other day for ˆ32 million. Resolving the bragging rights should come down to a simple matter of currency conversion, but the problem is that the rates don't stay constant. So the $38 million for which Bonhams sold the 250 GTO worked out to ˆ28 million at the exchange rates of the day. At that rate, the GTO was worth a good four million euros less than what the 335 S sold for, even though today's rates value the 335 S at "only" $35 million, or a good few million dollars short of the GTO. The answer, then, may be subject to which market you're in. But if you're looking for the tie-breaker, consider the British Pound: in Sterling, the 335 S sold for the equivalent of GBP24.7 million, which is more than the GBP22.8 million that the GTO's $38 million worked out to at the time – but less than the GBP26.5 million it would be worth today. And so we're back to where we started. But we're sure the confusion won't last (or be relevant) for too long, as there's bound to be another highly sought-after classic automobile on the auction block before too long. And it'll probably be another Ferrari. WORLD RECORD PRICE FOR A MOTOR CAR SOLD AT AUCTION* 32.1 Mˆ / 24.7 MGBP / 35.7 M$ INCLUDING PREMIUM LOT 170 • 1957 FERRARI 335 SPORT SCAGLIETTI DE 1957 • CHASSIS N°0674 FROM THE PIERRE BARDINON COLLECTION Lot 170. 1957 Ferrari 335 Sport Scaglietti • Chassis n°0674 • From the Pierre Bardinon Collection WORLD RECORD FOR A COLLECTORS' CAR AT AUCTION* Sold : 32,1 Mˆ / 24,7 MGBP / 35,7 M$ including premium (estimate : 28 – 32 Mˆ / 21,5 – 24,6 MGBP / 30 – 34 M$ ) *World record price for a car sold at auction, in euros and sterling. Previous record : 28,5 Mˆ / 38 M$, in 2014, in the US Paris – Friday 5 February 2016, shortly after 18h50, at the Retromobile Salon, Artcurial Motorcars, the collectors' car department at Artcurial achieved the world record for a car sold at auction, under the gavel of Maitre Herve Poulain.

Motor Trend hits Laguna Seca with Ferrari F12, Chevy Corvette, Porsche 911

According to the crew at Motor Trend, we should think of the video below "as an addendum to Best Driver's Car," a test the magazine put together that elevated the 2013 Porsche 911 Carrera 4S above all others in the category of driving joy. It seems the brand-new 2014 Chevy Corvette Stingray wasn't able to take part in the magazine's official test, and neither was the Ferrari F12 Berlinetta.
And so Motor Trend did the only logical thing: It procured both the 'Vette and Prancing Horse as soon as it could, and put them both on track with the Driver's Car-winning 911. Of course, these cars don't actually compete against each other - the Ferrari offers up 731 horsepower and wears an asking price of $434,144 as tested, which means you could buy four loaded Corvettes for the price of one F12, and still have money left for a garage to store them in - but that's not the point of this particular test.
The point of this test isn't to listen to the beautiful sounds coming from the Porsche's flat-six-cylinder, the Corvette's pushrod V8 or the Ferrari's luscious V12, either, but the video below is worth watching for those three reasons alone. You know what to do.

Ferrari Modulo catches fire driving through Monaco

Accidents happen when you drive a car. The one-off Ferrari Modulo concept is not immune to such a fate, as the spaceship of a car recently caught on fire while out driving. In fact, it's certainly far more likely for an untested concept car to experience more issues than any kind of a production car that's gone through years of testing and development. This particular incident was documented on Twitter by Scuderia Cameron Glickenhaus. Jim Glickenhaus and his team recently bought the Modulo concept with the intention of making it road-worthy. The car was originally shown at the 1970 Turin Motor Show. We've since seen videos of it driving around, but this last drive went all sorts of wrong. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. As Glickenhaus details in his tweets, the muffler was responsible for the blaze that damaged the rear of the vehicle. He says that an unnamed firm they're no longer involved with designed the muffler that caught fire. Glickenhaus was prepared for such an occurrence (it does have a Ferrari engine in there after all). Jokes aside, the onboard fire suppression system did its job and extinguished the fire shortly after it began, saving the rest of the car. Unfortunately, it didn't act fast enough to save it from some pretty nasty damage to the rear of the body. Glickenhaus was driving the car through downtown Monaco when the fire began, so we can assume there was an excessive amount of heat building up in there. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Surprisingly, Glickenhaus is continuing to drive about even after the fire. He tweeted a photo just an hour after the blaze showing the scarred Modulo charging up the mountains around Monaco. It's tough to trust a car right after a faulty design just caused it to catch fire, but who are we to doubt Glickenhaus? No plans for restoration were detailed yet, but we imagine the Glickenhaus team will have it looking like new as soon as it can. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. View 19 Photos