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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.

Man orders LaFerrari for wife, dies before seeing gift delivered [w/video]

Ferrari has been profiling some of the 499 buyers of the LaFerrari in its official magazine, and the latest issue features Austrian-born Swiss artist Cornelia Hagmann. Her husband and Ferrari collector Walter Hagmann ordered a Rosso Corsa example of the supercar for Cornelia, but Walter passed away slightly more than a year ago, before it could be delivered. There's no reason to doubt that, as Ferrari says, her husband's gift is the car closest to her heart. The video above captures some behind-the-scenes moments during the photo shoot for the magazine, and there's a press release below with a few words about the article. We've also included a video below about another Swiss citizen, Ferrari collector, and LaFerrari buyer, Albert Obrist, whose love affair with the brand began when he went to the Grand Prix of Switzerland in 1951. An encounter with an artist and the car closest to her heart Maranello, 2th January 2015 – Cornelia Hagmann is an Austrian-born painter and sculptor that has made Switzerland her home for many years. Her wonderfully rich paintings are mostly of landscapes sumptuous with greenery and flowers. She does, however, have a second great passion: for Ferrari. This enduring fascination was sparked by her late husband, Walter Hagmann, a Swiss businessman and leading Ferrari collector, who unfortunately passed away a little over a year ago before the delivery of the magnificent Rosso Corsa LaFerrari he had ordered as a gift for his wife. In an interview with The Ferrari Official Magazine, Cornelia talks not just about her art but also her love of speed and the Prancing Horse. Plus, of course, her LaFerrari: "It's a real work of art: I could spend hours just staring at it...." This video features a few moments from the photo shoot that accompanies the interview.

Ferrari LaFerrari Spider reportedly debuts privately

If the Porsche 918 Spyder didn't fulfill your dream of open top motoring in a hybrid hypercar, look for Ferrari to publicly debut a topless version of the LaFerrari (standard version above) in the near future. The Facebook page for Automotive Passion (D. Benoit) asserts the LaFerrari Spider is finally on the way and backs up the claim with a photo of a carbon-fiber box that bears the vehicle's sharp silhouette (below). Motor1 claims that Ferrari plans to build 150 to 200 examples of the LaFerrari Spider, which is less than half of the 499 coupes, and customers already snapped them all up. The Prancing Horse is reportedly charging a hefty premium over the hardtop's $1.4-million price tag for the droptop. Given the coupe's sales success, we are surprised Ferrari didn't take the LaFerrari's roof off even sooner, and rumors about the Spider go back to at least 2014. The removable top might add a few pounds, but the 949-horsepower 6.3-liter hybrid V12 should still be plenty to hustle the hypercar around. Ferrari debuted the LaFerrari Spider at a private event, according to Motor1. Showing the hypercar suggests development in nearing completion, so expect a public debut and official info sometime this year. Ferrari is bringing out LaFerrari Spider!© Private #laferrari #spider #laferrarispider #ferrari Posted by Automotive Passion (D. Benoit) on Friday, March 4, 2016 Related Video: