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The sunniest Ferrari collection you've ever seen, shot for Forza mag

There's a stable of about 40 beautiful prancing horses hiding in a Tennessee garage. These thoroughbreds aren't out to win the next Triple Crown, though. Instead, this is one of the best collections of Ferraris in the world where you would probably least expect it.
Photographer and auto journalist Clint Davis went there to write a story about collector Phil Bachman for the Ferrari-focused Forza magazine, and he took some dazzling photographs to go along with his words. At the same time, he brought along a friend to film their day meeting Bachman and his sublime collection.
Amassing this many sensational vehicles would be amazing anyway, but Bachman takes his Ferrari obsession even further. He prefers to get his cars in yellow and tries to get the last production example of a given model. In fact, he already has a reservation for the final LaFerrari. You can probably figure out in what color. Keep your eyes open here for glimpses of a plethora of vintage beauties, but the star of the show might be a yellow FXX.

1962 Ferrari 250 GTO hits record $38 million sale at Bonhams' Monterey auction

This weekend's Pebble Beach Concours d'Elegrance brings together some of the rarest and most expensive automobiles in the world onto a tiny peninsula in California jutting out into the Pacific Ocean. But this year, there has been one vehicle on everyone's lips - a 1962 Ferrari 250 GTO. Bonhams put up this incredibly rare Prancing Horse at no reserve for its auction at the Quail Lodge, meaning it could have sold for just a dollar. It didn't though, this ex-Jo Schlesser owned Ferrari sold for a staggering $38.115 million. That makes it the most expensive car ever sold at auction, beating out Bonhams' sale of a Mercedes W196R last year for $29.65 million.
Ferrari only built 39 of these racers, and they have been million-dollar cars for years. One reportedly sold privately for $52 million last year, and one built for Stirling Moss went for $35 million privately in 2012.
While the spectacle of seeing a 250 GTO drive across the auction block with no reserve and then set a record price was certainly amazing, it wasn't the only rare Ferrari up for sale during the evening. Bonhams also handpicked some of the most collectible Ferraris in the world and brought them to the stage. The ten cars included a 1962 250 GT Short-Wheelbase Speciale Aerodinamica that went for $6.875 million, a 1953 250 Mille Miglia Berlinetta driven to racing victory by Phil Hill for $7.26 million and even a 1978 312 T3 Formula One car for $2.31 million. All told, the group of them sold for $65.945 million.

FIA approves new F1 elimination qualifying rules

The FIA has confirmed the new regulations for Formula 1's elimination qualifying, after the rules cleared the final approval for introduction on Thursday. As Motorsport.com revealed, the F1 Commission unanimously approved changes to the sport's Sporting Regulations that will result in a tweak to the qualifying format from the season opening race in Australia. It came despite concerns that Ferrari could opt to block the change, amid its skepticism about the benefits of moving away from the previous qualifying format that had proved popular. With the changes approved, the new rules have now been declared official in changes to Article 33 of F1's Sporting Regulations. The new rules are: a) From 14.00 to 14.16 (Q1) all cars will be permitted on the track. Seven minutes after the start of the session the driver last in the classification will be eliminated and will no longer be timed, he must then return to the pit lane and may take no further part in the qualifying practice session. The same procedure will then apply after 8m30s, 10m0s, 11m30s, 13m0s and 14m30s leaving sixteen cars eligible to continue. At the end of the session all drivers on the track may complete the lap they are on and, once these final laps have been completed, the driver last in the classification may take no further part in the qualifying practice session. Lap times achieved by the fifteen remaining cars will then be deleted. b) From 14.24 to 14.39 (Q2) the fifteen remaining cars will be permitted on the track. Six minutes after the start of the session the driver last in the classification will be eliminated and will no longer be timed, he must then return to the pit lane and may take no further part in the qualifying practice session. The same procedure will then apply after 7m30s, 9m0s, 10m30s, 12m0s and 13m30s leaving nine cars eligible to continue. At the end of the session all drivers on the track may complete the lap they are on and, once these final laps have been completed, the driver last in the classification may take no further part in the qualifying practice session. Lap times achieved by the eight remaining cars will then be deleted. c) From 14.46 to 15.00 (Q3) the eight remaining cars will be permitted on the track. Five minutes after the start of the session the driver last in the classification will be eliminated and will no longer be timed, he must then return to the pit lane and may take no further part in the qualifying practice session.