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Ferrari Lusso ownership will add some time to your morning commute

If you've ever driven a vintage vehicle on a regular basis, you know the process from getting from point A to point B is a bit more convoluted than simply hopping in and going. There are rituals to observe, checklists to run through and processes to address before ever touching the ignition. Neglect any one of a number of small tasks and you're likely to find yourself on the side of the road. James Chen, the owner of Axis Wheels, knows all about that. You see, he owns a gorgeous Ferrari Lusso, and coaxing the V12 under the hood to life requires a certain amount of procedure.
Once it's rolling, of course, all that premeditation seems entirely worth the effort. Chen does his best to keep the machine out of traffic, but refuses to keep the coupe sealed away in a museum, so he gets up early and takes to the canyon roads around LA before anyone else is awake. Atta boy.
Check out the latest video from Petrolicious below.

Ferrari FF spotted testing, may get new turbo engine

With the introduction of the turbocharged Ferrari 488 GTB at the upcoming Geneva Motor Show, the FF is about to be the oldest model in the Ferrari lineup. The Prancing Horse doesn't appear to want the 2+2 shooting brake getting too much longer in the tooth, though, if this prototype is any indication. This one wears all of its camouflage around the lower grille and hood, and the tape makes it look like Ferrari is trying to direct air to some new ducting under its bodywork. Beyond just some updated styling, these changes suggest something different is going on under the hood. One possibility stems from an earlier rumor that Ferrari's V12 models could get hybrids to be more efficient and boost power. Alternatively, other rumors suggest that the FF might get the 3.9-liter turbocharged V8 from the California T and 488 GTB to create a new, entry-level model. Ferrari has already been caught on video lapping an FF around the Fiorano test track. It looked relatively normal except for some odd exhausts poking out the rear, which weren't on display for this test car. In any case, one thing is certain: The Prancing Horse definitely has something in the works for its all-wheel drive wagon.

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.