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These are the top 10 highest-grossing auctions of Scottsdale 2015

Scottsdale always brings some pretty high-value metal across the auction block, but this year saw a particularly pricey array of classics trade hands. In fact, Hagerty reports that, with over $292 million in total sales from the various auction houses present, this past holiday weekend saw an 18 percent increase over last year – the second-highest year-to-year increase in Arizona automobile auction history. The Pratte Collection auction handled by Barrett-Jackson sold to the tune of $35.5 million, accounting for a large portion of overall sales, but even without that staggering array of classics, there was still an enviable array of machinery on the block this year. The highest-value lot not only of this year's event but of any year prior was the 1964 Ferrari 250 LM that RM Auctions sold for $9.6 million. And as you might have guessed, Ferraris accounted for the lion's share of the top ten results this year – including the first, second, third, fifth, seventh, eighth and both the lots that tied for tenth place on the list. In fact, three out of the top ten were Ferrari 275s. Coming in second place was the 1966 Ferrari 275 GTB Competizione that Bonhams sold for $9.4 million, which – like the 250 LM – was also raced by Scuderia Filipinetti. It was followed by a '59 Ferrari 250 GT LWB California Spyder sold by Gooding & Company for $7.7 million. Barrett-Jackson sold a '66 Shelby Cobra 427 Super Snake for over $5M, Gooding handled a '62 Ferrari 400 Superamerica ($4M), and Barrett-Jackson's 1950 GM Futurliner brought in another $4M for charity. The remaining top ten was filled out by a '67 Ferrari 275 GTB/4 ($3.6M – RM), a '73 Ferrari 365 GTS/4 Daytona Spyder ($3.3M – RM), and a '54 Pontiac Bonneville Special Motorama concept ($3.3M – BJ), with a '66 Ferrari 275 GTB/2 Longnose and an '84 Ferrari 288 GTO tying for tenth place at $2.75M apiece by RM. Featured Gallery Top 10 at Scottsdale 2015 View 11 Photos News Source: Hagerty Ferrari Auctions Classics bonhams rm gooding hagerty

Father's ultra-rare Ferrari to leave family for a good cause

It isn't every day that the rarest of Ferrari models change hands. In fact, you can count your fingers to get the number of 275 GTB/4*S N.A.R.T. Spyders that ever existed. The 1967 Ferrari you see here is one of those ten Spyders, and it has stayed in the same family since it was bought new.
The car was bought through Luigi Chinetti, Ferrari's US importer at the time, by the late Eddie Smith Sr., a Ferrari collector and businessman from North Carolina. Smith kept it - and kept driving it - until the day he died six years ago. Since then, this remarkable machine has been collecting dust. Smith's son, Eddie Smith Jr., spent some time with Petrolicious to give a history of the car and explain why he and his family are going to do the one thing his father never could: sell it. The catch? All of the money it earns on the auction block will be donated to charity.
"It'll be a bittersweet thing, because we know the fact that all the money is going to charities that he would approve of," Smith Jr. said about his father, and it "will really make him smile, because he loved to give back."

Sebastian Vettel to leave Infiniti Red Bull at end of 2014

Things are going to look very different in the Formula 1 paddock come 2015. Official word came down from Infiniti Red Bull Racing that Sebastian Vettel, who won four driver's titles while with the energy-infused fizzy drink and marketing company, will be leaving the team after the 2014 season comes to an end. Taking Vettel's well-worn seat at Red Bull will be Daniil Kvyat, who will join Daniel Ricciardo for 2015. Feel free to read that official announcement below.
While no official announcement has yet been made, rumors swirl that Sebastian Vettel will drive for Ferrari in 2015, taking the place of Fernando Alonso, who many believe will end up at McLaren, which itself is in line for a major driver and team shakeup next year as it switches to Honda power. It's not clear where the rest of the current crop of F1 drivers will land, but as this first blockbuster domino falls into place, expect the rest to fall in line in the coming weeks and months.