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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).

Ferrari 250 California record headlines $28.5M Baillon barnfind collection

Barn finds arise from time to time, bearing undiscovered treasures hidden away in some shed for decades before being unearthed and brought to the auction block. But few have ever compared to the Baillon Collection. And now its liquidation is complete, bringing in millions in sales on the back of frenzied bidding. Discovered just months ago, the Baillon Collection comprised some 100 vehicles said to have been rescued from the crusher by one Roger Baillon, a French transport magnate who intended to eventually put the cars on display in a museum. Unfortunately that never came to pass, but when the cars were found in sheds on his estate in rural France, the world took notice. In dire condition and in need of much TLC, 59 of the cars (those worth selling) were consigned to the auctioneers at Artcurial, which just handled their sale during the Retromobile classic car show this weekend in Paris. The highest price was fetched by a rare 1961 Ferrari 250 GT SWB California Spider with the highly desirable covered headlights found in the barn under a pile of old magazines. One of just 37 made, the drop-top Prancing Horse sold to an unnamed international collector for a record $18.5 million – far above initial estimates and, despite its condition, the most ever paid for a 250 GT of any kind. An American collector paid $2.2 million for the 1956 Maserati A6G bodied by Frua, also well above its pre-sale estimate range. A '49 Talbot-Lago T26 bodied by Saoutchik more than doubled even the top of its estimated value at $1.9 million, sold to a European collector. All told, the Baillon Collection brought in a staggering $28.5 million in sales, comprising over half the value of the lots, 89 percent of which Artcurial sold at the Retromobile auction.

Haas F1 names Esteban Gutierrez second driver

The 2016 Formula 1 grid is nearly complete with the announcement that Esteban Gutierrez will join the Haas F1 Team. To make the most of the signing the Mexican's appointment was announced during the Mexican Grand Prix weekend, and if the crowds at the grand prix are anything to go by then Haas can count on an instant and large fan base as of right now. The 24-year-old Gutierrez will drive alongside Romain Grosjean, who was announced at the end of September at Haas' US base in Kannapolis, North Carolina. Gutierrez spent a little more than two years as a test and reserve driver for Sauber, plus another two years as a Sauber race driver in 2013 and 2014 before being let go at the end of last year and signing on as a Ferrari test and reserve driver. Haas' relationship to Ferrari and Gutierrez' local fans made him - politically, at least - a viable candidate. Manor is expected to be the only team that might have vacancies, but with recent upheavals there it's yet to be seen if they'll make the grid next season. The press release below has more information on the Haas F1 Team signing. Related Video: Haas F1 Team Names Gutierrez to 2016 Race Seat MEXICO CITY (Oct. 30, 2015) – In a press event inside the main lobby of the Soumaya Museum, Haas F1 Team founder and chairman Gene Haas named Mexican driver Esteban Gutierrez to a race seat with his team when it makes its 2016 debut in the FIA Formula One World Championship. Gutierrez will race alongside driver Romain Grosjean, who was previously announced by Haas on Sept. 29 in a press conference at the team's U.S. headquarters in Kannapolis, North Carolina. Haas F1 Team is the first America-led Formula One team in 30 years. The 24-year-old Gutierrez is currently the third driver at Scuderia Ferrari, the technical partner of Haas F1 Team. Gutierrez joined Scuderia Ferrari in 2015 after spending the 2013-2014 seasons with the Ferrari-powered Sauber F1 Team. "I got to know Esteban through our relationship with Ferrari, and after looking at the success he's had to earn his role there, it became clear he was an excellent choice for our race team," Haas said. "He's young and hungry, but not inexperienced. His two years running a full F1 schedule has given him some very good race experience, and having spent this season at Ferrari as their third driver allowed him to see firsthand the methodology that makes Ferrari such a power in Formula One. "We're very happy to have Esteban as a part of our race team.