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1962 Ferrari 250 GTO for sale in Germany at $64 million

Prices keep climbing for the Ferrari 250 GTO with virtually no end in sight. In 1969 one sold for just $2,500, but by the 1980s they were trading for hundreds of thousands, then millions, then tens of millions to the point that the last last year, one was reported to have changed hands at $52 million. But now there's a GTO for sale in Germany that could eclipse even that gargantuan price tag.
Ferrari made 39 examples of the 250 GTO between 1962 and 1962, and the item listing on mobile.de doesn't give much in the way of specifics as to which exactly we're looking at. But last we checked, there were only two GTOs in Germany, and the other one was silver. That leaves chassis number 3809GT, which was delivered new in '62 to Switzerland and participated in numerous endurance races and hillclimb events throughout the early 60s. 3809GT has been owned until now by one Hartmut Ibing, who bought it in 1976 when values were in the tens of thousands, not tens of millions. Given how his asset has appreciated so dramatically, and with less than 10,000 miles on the odometers over 52 years, we could understand how Ibing would want to cash out.
Of course we could be mistaken and we could be looking at an entirely different example - the vast majority were, after all, painted red and fitted with blue upholstery just like this one - but either way, we're looking at a price tag of 47.6 million euros. That's nearly $64 million at today's rates, inclusive of Germany's 19 percent VAT rate that adds a staggering $10 million in taxes to the pre-tax price of 40 million euros, which comes in under $54 million but would still be the most ever paid for a GTO (or really, just about any car ever made).

Ferrari California replica from Ferris Bueller is so choice

We like car auctions well enough, but often the high-end affairs are a bit too much like outdoor museums - very beautiful and very cold, and you're not allowed to touch anything. A perfect case in point is the upcoming Mecum auction during the 2013 Pebble Beach weekend, which will feature the legendary replica Ferrari 250 GT California Spyder used in none other than Ferris Bueller's Day Off. Only three were made. The current owner spent ten years restoring this car. It is his love, it is his passion. (Well, it was before he decided to auction it, anyway.)
Actually built by Modena Design and Development in El Cajon, CA, the official name of the stunning replica is Modena Spyder California. Built up on a tube frame, with a meticulously maintained interior and powered by a 500-horsepower small block V8 the car is so choice. If you have the means, we highly recommend picking one up.
Mecum hasn't suggested a predicted auction price for the Hollywood relic as of yet, but with the perfect pedigree to pull Gen X heartstrings, and the proliferation of stupid-wealthy fourtysomethings in and around northern California, we wouldn't be surprised to see a decent value. Just don't wait on it, life moves pretty fast around Pebble Beach. If you'd like to read a full description of the car with fewer script-quotes, look, it's real simple, scroll down.

Ferrari still finalizing LaFerrari hardware? [w/videos]

McLaren, Ferrari and Lamborghini helped make this year's Geneva Motor Show one of the most exciting in recent memory, but the LaFerrari might be a little further away from production than its McLaren P1 hypercar rival. According to GTSprit.com, it sounds like Ferrari is still trying to hammer out the the car's details to ensure the lucky 499 souls laying down $1.5 million aren't left in the dust by a brightly colored McLaren.
While it's not clear what sort of things Ferrari is still working on, the continued development aspect is somewhat substantiated by the fact that the 949-horsepower hybrid supercar is still running around Italy wearing camouflage - albeit light camo. As proof of this, the site also found a pair of enthusiastic amateur spy videos that get some good rolling shots of the LaFerrari out testing. They also show how well the car can handle a roundabout. Both videos are posted below.