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Will this 1966 Ferrari three-seater surpass $20M at Pebble Beach auction?

With a week of lavish automotive events coming up centered around the Pebble Beach Concours d'Elegance in August, some of the highest profile auto auctions in the world are about to take place. Hearing about Ferrari Testa Rossas and 250 GTOs going for tens of millions of dollars during these events is commonplace, but Gooding & Company is bringing a unique Prancing Horse to sell in California that could be a record-breaker for the company.
The car in question is the drop-dead gorgeous 1966 Ferrari 365 P Berlinetta Speciale with just 7,900 kilometers (4,910 miles) on the clock that's pictured above, and it checks all of the boxes to make it incredibly desirable. First off, just look at it. The flowing lines and giant, tinted moonroof really make this Ferrari a head-turner. Inside, it has the distinctive feature of three seats with the driver slightly forward in the middle, kind of like the McLaren F1. And what a view from behind the wheel with all of the expansive glass in front of and above the driver. According to the auction listing, Pininfarina displayed the Speciale at a variety of international motor shows in 1966 and 1967.
If the looks aren't enough, then the provenance puts this Ferrari over the top, for sure. Underneath those gorgeous lines is the chassis from a Ferrari 365 P2 endurance racer. The sale claims that this was the first mid-engine, Ferrari 12-cylinder model created from the start as a road car. After touring with Pininfarina, it went to Luigi Chinetti, the first man to sell a Prancing Horse in the US and the boss of the company's North American Racing Team. He sold it twice, but the Speciale has been in the hands of the Chinetti since 1969.

Race Recap: 2014 German Grand Prix is relapse and recovery

The 2014 German Formula 1 Grand Prix is the hump-day race in the season and the penultimate chance for drivers and teams to rack up points before the summer break. Trying to stay on top after his first DNF of the year at the British Grand Prix, Mercedes AMG Petronas driver Nico Rosberg didn't have to wait until the race for misfortune to find Lewis Hamilton; his British teammate crashed out of the Q2 qualifying session due to a brake failure, then had to change his gearbox due of the crash, a calamity that left him starting 20th on the grid.
Rosberg took pole ahead of the Williams duo of Valtteri Bottas and Felipe Massa, with Kevin Magnussen surprising everyone with a fourth place in his McLaren. Daniel Ricciardo put the first Infiniti Red Bull Racing in fifth, ahead of teammate Sebastian Vettel, Ferrari pilot Fernando Alonso, Toro Rosso driver Daniil Kvyat, the Force India pair of Nico Hülkenberg and Sergio Perez finishing the top ten.
In a replay of events in Britain but with a German accent, a first-lap incident brought out the Safety Car and the same Brazilian was taken out of the race.

Ferrari 330 P4 is a stunning red bolide

There are many beautiful cars in the world, and then there is the Ferrari 330 P4 that outdoes practically all of them. Combining more curves than Christina Hendricks and the singing voice of Adele, it might just be one of the most aesthetically pleasing cars ever made. In its latest video, Petrolicious takes a look at the sole remaining original P4 in existence and talks to the lucky man who gets to drive it.
Ferrari Corsa instructor Nick Longhi has the enviable task about getting behind the wheel of the V12 racer in this video, and he says it doesn't drive the way you might think. The P4 isn't out to bite drivers who aren't paying attention. Instead, he claims that the car just does everything right and helps the person at the controls be that much better.
Historically, the P4 was Ferrari's attempt in the 1967 season to take on the dominating Ford GT40. The Prancing Horse's major achievement that year was a 1-2-3 finish in the 24 Hours of Daytona, but it couldn't quite beat the Ford at the famous race at Le Mans.

Ferrari patents new electronic steering assist

Automobiles keep getting more and more advanced, with computers playing an ever-increasingly vital role in their operation. But some things remain the same. Despite more advanced (if not necessarily better) technologies available, we still burn fossils to fuel our engines, we still check what's behind us in actual mirrors and (with few exceptions) we still turn a steering wheel mechanically connected to the front wheels to change directions. But that doesn't mean automakers aren't working at new solutions.
We've sampled electric steering systems developed by Japanese automakers like Honda and Infiniti that disconnect the front wheels from the steering column, but while those systems may be the way of the future, they leave the driver feeling physically disconnected from the road. Ferrari, however, has a different idea.
Instead of either relying completely on a traditional system or replacing it with an entirely digital one, Ferrari appears to have found a sweet spot in the middle. According to a patent filing obtained by Evo, Ferrari is developing a system that still uses a direct mechanical steering linkage, but enhances it through the use of software that corrects for certain inconsistencies.

LaFerrari XX prototype pushed so hard that its suspension fails

Ferrari has a real challenge on its hands. It made the new LaFerrari hybrid hypercar so extreme already that it left little room to crank it up to 11 and turn it into an XX development prototype like it did with the Enzo and the 599 before it. So it's really going to have to push the envelop to take it that extra step.
That's what it has apparently set out to do with this LaFerrari prototype at Monza, where the Prancing Horse marque was spotted preparing the upcoming LaFerrari XX. In fact, testers ran the prototype so hard that they broke the car's right rear suspension. Which is bound to happen, we guess, when you try to find that extra bit of performance in a vehicle that's already one of the most capable ever devised, but only goes to show how much deeper Ferrari will have to dig to find that even sharper edge.
Either that or Ferrari's working on some sort of four-wheel steering system with automatic camber adjustment... See for yourself in the video below.

Haas pens partnership with Ferrari

Gene Haas is undertaking quite the initiative by starting his own Formula One team instead of simply buying an existing one. And he's making it even harder on himself by laudably insisting on quartering the operation at his home base in North Carolina. But to get onto the grid by 2016, he's going to need some help.
Fortunately that appears to be just what he's getting thanks to a new partnership with no less accomplished an outfit than Ferrari - which, despite not having won a championship since 2008, remains far and away the most successful team in the history of grand prix racing, with sixteen constructors' championships, fifteen drivers' titles and 221 grand prix victories to its name.
Haas Automation, the CNC machine manufacturer over which Gene Haas presides and which funds his various racing activities, has just signed a sponsorship deal with Scuderia Ferrari that has already seen the Haas logo appear on the F14 T that Fernando Alonso and Kimi Raikkonen drove in the British Grand Prix this past weekend. More than a sponsor, Haas Automation has become an official supplier to the Maranello squad, but is expected to lead to even closer cooperation that will help get the American F1 team up and running in time for the 2016 world championship.

Celebrating the Ferrari F40 and the man who raced it

The Ferrari F40 has become one of the iconic cars of the last 50 years. It presaged the supercars of the future with its extensive use of carbon fiber and turbocharged engine, but it was also old school with no traction control, stability control or even anti-lock supervision to save the driver if they got in over their head. In its latest video, XCar Films takes a look at the F40 through the lens of a man in the UK who specializes in keeping them on the road and occasionally races these quintessential sports cars.
John Pogson has spent his entire life surrounded by engines. His father was a transport manager for a trucking company and he used to accompany him out on repairs. When he was old enough, John started repairing vehicles at a Lancia dealer, and from there, he started working for Ferrari. Eventually, he saved up enough money to open his own, independent Italian car garage. His new business proved successful, and Pogson's customers started asking him to race their Ferraris, including the F40 - something he did with great success. How could you say no to that opportunity?
While Italian cars are his specialty, Pogson also has a soft spot for all performance cars. The video shows him driving his AC Cobra with a claimed 600 horsepower and doing some smoky donuts in it. Scroll down to learn more about the F40 from one of the people that knows it best.

Raikkonen likely to retire from F1 after 2015 [w/poll]

Though his irreverent demeanor party-goer image might suggest otherwise, make no mistake about it: at 34 years old (and with 37-year-old Mark Webber out of the race), Kimi Raikkonen is the oldest driver in Formula One. He's three months older than Jenson Button, a good year older than his former wingman Felipe Massa, three years ahead of Adrian Sutil and a good decade beyond the latest crop of up-and-comers on the grid. So it's only natural that we should start wondering how much longer he'll stick around, and now we may have our answer.
Speaking with motorsport journalists at the British Grand Prix this past weekend, the 2007 World Champion and winner of 20 grands prix, Raikkonen indicated that the next season will likely be his last. According to numerous racing news outlets, when asked how long he plans to stay on the grid, the famously terse Finn responded: "Until my contract is finished, and then I will probably stop. That is what I think is going to happen."
Kimi was a relatively unknown entity when Sauber gave him his first drive in F1 back in 2001, upon which he finished in the points on his first race. He moved to McLaren the following season, racked his first podium finishes, and took his first win the season after that. He finishes second behind Fernando Alonso the next season, well ahead of the rest of the pack, and switched to Ferrari two seasons later in 2007, winning the world championship on his first season in red. After just three seasons, Ferrari showed him the door and Kimi left F1 entirely, trying his hand at everything from the World Rally Championship to NASCAR. He returned to F1 with Lotus in 2012, and in a rare move for Maranello, was invited back for this season on a two-year contract.

Race Recap: 2014 British F1 Grand Prix readjusts the balance of power

Qualifying for the British Formula One Grand Prix was just as much a surprise for fans as it was for teams. Certain team weather radar displays didn't accurately pinpoint storm systems over the track, and in the case of at least two teams, the lack of data was compounded by poor decision making. That's how both Ferraris and both Williams got kicked out of qualifying in Q3 - the drivers already on track took advantage of a dry spell between rains, but Ferrari and Williams waited too long to get back out, and by the time they did it had started raining again.
Rain-induced bewilderment hit the front of the field as well. When all appeared resolved in Q3 but the clock hadn't yet run down to zero, drivers including Lewis Hamilton and Daniel Ricciardo pulled into the pits thinking the day was done. However, a drying last sector of the Silverstone circuit meant the drivers still out could suddenly improve their times by four seconds in just that sector. When the bell tolled, those who fought to the last were those who lined up first: Nico Rosberg in the first Mercedes AMG Petronas, Sebastian Vettel in the first Infiniti Red Bull Racing, Jenson Button in the McLaren, Nico Hülkenberg in the first Force India and Kevin Magnussen in the second McLaren.
Hamilton had fallen all the way to sixth on the grid, a mortifying blow to his race and his championship challenge. He was followed by Sergio Perez in the second Force India, Ricciardo in the second Infiniti Red Bull Racing, Toro Rosso teammates Daniil Kvyat and Jean-Eric Vergne completing the top ten.

Ferrari 250 GTO heading to The Quail with no reserve

It's not every day that a Ferrari 250 GTO changes hands. It is, after all, one of the most highly coveted cars ever made, and there were only 39 of them built in the first place. So when one goes up for sale, it tends to fetch millions. Tens of millions, actually, and the prices keep escalating.
Throughout most of the 1980s they were trading hands for six figures. In 1989 one sold for $10 million. A few months later, $13 million. Prices fluctuated in the 90s, but by 2012, one sold for a whopping $35 million, eclipsed the following year at $52 million. Nobody knows what the next one will sell for, but we're about to find out.
That's because Bonhams has got one consigned for its upcoming auction at the Quail Lodge during Monterey weekend next month. And it's offering it without reserve, meaning that it could sell for the opening bid (however unlikely), it could break the previous record or it could land anywhere in between or beyond.