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Watch boxer Errol Spence cartwheel Ferrari in injury crash

DALLAS — Welterweight boxing champion Errol Spence crashed a speeding Ferrari in Dallas early Thursday and was badly injured but is expected to survive, police said. The crash happened just before 3 a.m., when Spence's Ferrari crossed a median into oncoming traffic and flipped over several times, ejecting Spence, who wasn't wearing a seatbelt, police said. Spence was taken to a hospital and placed in the intensive care unit. "Spence is awake and responding and his condition is listed as stable. He did not sustain any broken bones or fractures but has some facial lacerations. He is expected to make a full recovery," the Spence family said in a statement Thursday evening. Police said they're still investigating the cause of the crash, but they noted that the Ferrari was speeding at the time. Last month, the 2012 U.S. Olympian added the WBC welterweight title to his IBF strap with a thrilling split-decision victory over Shawn Porter in Los Angeles. With his rangy athleticism and virtuosic skill, Spence, who is 26-0 with 21 knockouts, has captured fans with a series of crisp victories in recent years. He won the IBF title in 2017 by stopping Kell Brook in England, and he defended it three times, culminating in a one-sided thrashing of undersized Mikey Garcia in March. Spence, 29, emerged victorious from his bout with the veteran brawler Porter (30-3-1), which featured several wild exchanges and had the Staples Center crowd of 16,702 on its feet throughout the 12th round and roaring for both fighters when they embraced after the final bell. Heading into the fight in which he was a heavy favorite, Spence had a lot of attractive options ahead, including a possible fight with the resurgent Manny Pacquiao and a potential bout with fellow unbeaten champion Terrence Crawford after that. Celebrities Ferrari Performance

Alfa Romeo considering Ferrari-developed engines for new product lineup

A report in Bloomberg adds more details to the plans for Alfa Romeo's fourth turnaround plan in Fiat CEO Sergio Marchionne's tenure, and this time Ferrari is apparently going to be part of the show. In December Automotive News Europe reported that a new Maserati-derived rear-drive architecture would be the centerpiece at Alfa Romeo, as well as coming Chrysler and Dodge products. At the time, ANE said the platform would support a new midsize sedan and wagon perhaps to be called Giulia, a fullsize sedan and a midsize crossover, with retail appearance of the product initiative commencing perhaps as soon as next year. It would be part of Fiat's $12.3-billion spend on new models and European recovery.
The Bloomberg report says that particulars haven't been finalized, but the plan is to have six new Alfas appear over the next five years, two of which would be SUVs. The futures of the Mito and Giulietta, two of the three cars Alfa currently sells and 99 percent of sales last year, aren't assured, meaning that the lineup in six years could be seven cars (including the 4C), six of which we haven't any definitive clue of yet. The top-tier versions of those cars, according to the report - perhaps the Quadrifoglio Verde - "will be equipped with motors developed by Ferrari."
Marchionne wants to get sales up to 300,000 units per year when the lineup is complete, pairing Alfa sales with Jeep's global dealer network to open up the retail channel. That kind of volume would get Fiat's Italian plants back in business properly, even though Marchionne's stance on Italy-only Alfa production would mean the end of the anticipated roadster that was to be twinned with the coming Mazda MX-5 Miata. Alfa's direction will be laid out in Detroit in May as part of the overall strategy presentation for Fiat Chrysler Automobiles NV.

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.