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Ferrari 250 California fit for Ferris may sell for millions

Planning on playing hooky for a day of adventure in, say, Chicago? You're going to need the right set of wheels. Something like the Ferrari you see here ought to do the trick. Coming up for auction at Amelia Island, this 1961 Ferrari 250 GT SWB California Spider is one of just 56 made – only 37 of which have those highly sought-after covered headlights. The short-wheelbase model followed the previous long-wheelbase version and featured a number of upgrades, including timeless coachwork by Scaglietti, a more nimble chassis, and four-wheel disc brakes. This particular example – bearing the VIN 2871 GT in classic red over black – starred alongside Sophia Loren in the film Ieri, Oggi, Domani. It was sold new in 1961 to Italian industrial designer Giangranco Frattini, who owned it for 17 years before selling it to one Terzo Dalia in 1978, who in turn sold it to its current owner in 1985. This represents the first time it's being offered for public sale. Gooding & Company anticipates it will fetch a good $16 million (give or take) when it crosses the auction block on March 11. That would, according to the records at Sports Car Market, put it right in the range of what California Spiders have been selling for in recent years – the record currently standing at $18.6 million paid for the Baillon barnfind example in Paris a year ago. If you have the means, to paraphrase our childhood hero, we highly recommend picking one up. Related Video: Gooding & Company Unveils Iconic 1961 Ferrari 250 GT SWB California Spider To Highlight Amelia Island Auction The Quintessential Ferrari 250 GT with Limited Ownership from New and Cinematic History SANTA MONICA, Calif. (February 12, 2016) – Gooding & Company, the auction house acclaimed for selling the world's most significant and valuable collector cars, is privileged to announce the addition of a 1961 Ferrari 250 GT SWB California Spider (estimate $15,000,000-$17,000,000) to be sold at the Amelia Island Auction on March 11, 2016. This highly coveted Ferrari is the 22nd SWB California Spider built and one of only 37 covered-headlight examples produced. Remarkably, it has been in the loving care of the current owner for over 30 years. "We are thrilled to present this California Spider to our clients," states David Gooding, President and Founder of Gooding & Company.

Scuderia Ferrari F138 unveiled in Maranello

This is the F138, the Formula One challenger that Ferrari CEO Luca de Montezemolo describes as "hopeful" and the eighth and final version of a Scuderia Ferrari Formula One car with a V8 engine - for now. The last digit in this car's name pays homage to that cylinder count, while the first two digits represent the year; next year the regulations will mandate 1.6-liter turbocharged V6s.
The Scuderia did well in pre-season testing last year but at the first race found itself almost two seconds down on the other top teams. With no significant changes to the regulations for 2013, Ferrari focused on weight loss, making components smaller and making the package more rigid, refining every aspect of a car that's essentially an evolution of last year's F2012. The front suspension has been redesigned for aero benefit, and the rear suspension is completely new. The front and rear wings are evolutions, and there's a new air intake design above the cockpit and redesigned intakes on the sidepods. The rear bodywork forms a much narrower package around the redesigned exhaust system, and the KERS is smaller and lighter.
Getting a jump on the 2014 car that will be a clean-sheet design under the new technical regime, Ferrari has integrated the spec TAG 320 electronic controller unit to this year's car. Forbidden from raising the power performance of the engine, the F1 team has worked on maintaining that performance over the three-race life of the engine. And yes, that's a vanity panel over the stepped nose in front.

Ferrari embroiled in legal battle over 21-year-old's Facebook page

Ferrari is facing a court battle in Switzerland due to alleged copyright infringement over taking over a Facebook fan site. If the suit is successful, it could cost the company millions and harm its reputation on social media.
Sammy Wassem started the Facebook fan page for Ferrari when he was 15 and eventually grew it to over 500,000 followers. In 2009, the company congratulated the him on the site's success, but said that "legal issues" forced it to take over the administration, according to Automotive News Europe. Wassem could still use the site, but managers had oversight.
Wassem asked Ferrari for financial compensation to keep working on the page but continued creating content on it for the next four years. Eventually, the company terminated his administration rights, and In 2013, the he and his father Olivier filed the lawsuit against the business alleging it owes payment over 5,500 hours of work and copyright infringement for taking over the page. They are asking for 10 million Swiss francs ($11.3 million).