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Mike Tyson's 1995 Ferrari F50 packs one helluva punch

Despite a reputation as a bit of a letdown following the now legendary Ferrari F40, the Ferrari F50 is still one of the most raw and unfettered sports cars to ever grace public roads. RM Sotheby's auctions is now selling a pristine 5,694-mile example that was once owned by former professional boxer Mike Tyson. Like Tyson, the F50 and its Formula One derived V12 is sure to leave a lasting impact on anyone that crosses its path. Though the celebrity tax varies from car to car, Hagerty's valuation tool says even a heavily used F50 is still a million-plus dollar car. RM Sotheby's expects the car to sell for between $2.2 and $2.4 million, slightly more than the $2.25 million estimate for a nearly flawless example, which this car appears to be. According to the listing, the car has never been driven hard and has been well maintained throughout its life. The 1990s weren't Ferrari's best years for design with soft edges and questionable fascias. Likewise, the F50 is a love it or hate it sort of design. The paint appears to be in good condition and free of any damage. The bare carbon fiber and leather interior shows little to no wear. The gated manual shifter connected to a 4.7-liter naturally-aspirated 520 horsepower V12 is a combo that's gone out of vogue. The engine is derived from the one that powered the Alain Prost's 1990 Ferrari 641 Formula One car. This car is number 73 out of 349 and one of only 50 built to US spec. Tyson sold the car with roughly 4,900 miles, with the rest accumulating since about 2005. The car's service records are incomplete, though it has had an a couple of engine-out services along a full electronic updates, a new rear seal, rebuilt oil and water pumps, the dashboard pod removed, serviced, and reinstalled, the lighting system upgraded, the ride height actuator replaced, new tires, new fuel bladders, a full brake system service, and new main seals. In addition, the car comes with two sets of tools in the front deck, owner's manuals and warranty booklet in their leather folio, wheel socket, car cover in bag, both the removable hardtop and emergency soft top with bag, utility light, its window sticker, and the "circus trunk" containing roll bars, and a carbon rear tonneau cover. Look for the car to head across the auction block on Saturday March 11. No Internet bidding, but if you have the cash to pony up the you probably can afford to be there in person. Related Video:

Chief justice invokes 'Ferris Bueller' Ferrari in Supreme Court car case

WASHINGTON — U.S. Supreme Court justices on Tuesday wrestled with the scope of police authority to search vehicles without warrants, with Chief Justice John Roberts referencing the shiny red Ferrari taken for a joyride in the 1986 comedy film "Ferris Bueller's Day Off" to make a serious legal point. The justices heard arguments in two cases in which convicted defendants are seeking to have key evidence against them thrown out because it was obtained by police officers through vehicle searches conducted without a court-issued warrant. One case involved a stolen motorcycle that was covered by a tarpaulin and parked on private property next to a house in Charlottesville, Virginia. The other involved a rental car stopped by police in Pennsylvania — driven by a man who was not named on the agreement with the rental agency — in which heroin was found. At issue is whether police in the two cases violated the U.S. Constitution's Fourth Amendment, which protects against unreasonable searches and seizures. In the motorcycle case, Roberts and other justices seemed concerned about issuing a broad ruling in favor of law enforcement that would let police officers not just inspect the immediate area outside a property without a warrant but also potentially inside a house if a vehicle is located there. Under the Fourth Amendment, police need a warrant to search a house unless there is an emergency situation. In the case of convicted defendant Ryan Collins, the motorcycle was a few feet from the house. In "Ferris Bueller's Day Off" starring Matthew Broderick, three teenagers skip school and take a ride in a red 1963 Ferrari Modena Spyder California that was parked inside a showroom-type garage apparently attached to a house. After mentioning the film's car, Roberts asked Trevor Cox, the state of Virginia's lawyer who was defending the police search, whether he was arguing that police "can just go in" to a house without a warrant because a car is "mobile and they got it in there somehow (so) they can get it out." Roberts also mentioned comedian Jay Leno, known for storing a large collection of cars. Other justices voiced similar concerns, including Neil Gorsuch, who seemed troubled about police officers being able to search garages and other outbuildings without a warrant. "Not many people live in their garage. Some people do, some people do, and in barns, but usually they're reserved for cars and for animals.

Ferrari plans 15 new models, shares name of its SUV

MARANELLO, Italy — Ferrari plans to launch 15 new models, including hybrid cars, a utility vehicle and more special editions as part of its new chief executive's efforts to double core earnings by 2022. The supercar maker shifted to a guidance range for adjusted core earnings of 1.8-2.0 billion euros ($2.1-2.3 billion) by 2022, rather than the 2 billion figure set by late Ferrari boss Sergio Marchionne. But his successor sought to reassure investors that the company can maintain recent strong growth. "This is an ambitious plan, but a doable one based on a concrete, detailed framework," Louis Camilleri said on Tuesday at the company's Maranello headquarters in Italy. Ferrari shares gained 0.6 percent by 1330 GMT, recovering from earlier losses. The stock slid more than 8 percent on Aug. 1 when Camilleri described Marchionne's targets as "aspirational." Marchionne's sudden death in July jolted investors who had expected the auto industry grandee to remain at the wheel until 2021, having more than doubled Ferrari's market value since taking it public in 2015. Camilleri and his team outlined a plan to show how a brand known for its racing pedigree and roaring combustion engines will shift to making a utility vehicle and hybrid cars and boost margins to over 38 percent without sacrificing exclusivity. The company increased its dividend payout ratio and announced a 1.5 billion-euro share buyback plan. Its marketing chief also promised a "significant increase in average retail price." Following Marchionne's roadmap With margins at 30 percent now, strong pricing power and an enviable customer waiting list, Camilleri inherits a business firing on all cylinders and is not expected to stray far from his predecessor's script. Marchionne had orchestrated Ferrari's spinoff from parent Fiat Chrysler, positioned it as a luxury brand rather than a carmaker, and managed to do what few thought possible: sail through a self-imposed production cap of 7,000 cars a year without sacrificing pricing power or its exclusive appeal. Ferrari has clocked up years of record earnings, helped by special editions and a customization program. But it could prove tough to maintain the company's high valuation as emissions rules tighten, capital spending increases and the diverging interests of investors, racing fans, owners and collectors become harder to balance.