Leake lands a 569-mile LaFerrari for its Dallas auction

2014 one-owner, ultra-low mileage Ferrari LaFerrari on Leake's Dallas docket | Leake Auction photos
2014 one-owner, ultra-low mileage Ferrari LaFerrari on Leake’s Dallas docket | Leake Auction photos

Leake Auction Company is known for providing a parade of nice and reasonably priced collector cars across the tandem blocks that are a feature at many of its sales. Typically, those cars sell for tens of thousands rather than hundreds of thousands of dollars.

But at the company’s recent Oklahoma City sale, every car among the top 10 in sales sold for six figures. That achievement could be surpassed at Leake’s upcoming spring sale in Dallas, where the docket will be topped by a 2014 Ferrari LaFerrari, a car expected to be the most expensive vehicle ever sold by the company that dates to 1972. Continue reading

Ferrari begins 70th anniversary with re-enactment, video

The first Ferrari, the 125 S, leaves the factory complex 70 years ago | Ferrari photos
The first Ferrari, the 125 S, leaves the factory complex 70 years ago | Ferrari photos

On March 12, 1947, Enzo Ferrari drove the first car to bear his name, the 125 S, out of the gates of his modest factory and onto the streets of Maranello, Italy. Seventy years later, on Sunday, March 12, 2017, the Ferrari company recreated that event to kick off the official celebration of the automaker’s milestone anniversary.

Ferrari also released a video (see below) to commemorate the debut. The video begins with the 125 S, a 12-cylinder engine beneath and the Cavallino Rampante on its bonnet, leaving the old factory gates on Via Abetone Inferione, and symbolically passing the baton to the 70th anniversary edition of the LaFerrari Aperta. Continue reading

Pick of the Day: 1985 Ferrari 308 GTSi Quattrovalvole

The Ferrari 308 GTSi is the more-desirable Quattrovalvole model
The Ferrari 308 GTSi is the more-desirable Quattrovalvole model

Today, Ferrari is a name brand as big as Coca-Cola or McDonalds. But in the 1970s, it was very much a niche brand known only by the few who had one of the fantastic cars from Maranello or the true car crazy people like me who lived and died by the words written in Road & Track magazine.

This all changed in 1980 when Ferrari put together the best serialized television commercial ever created with the launch of the TV show Magnum P.I. The strength of the Ferrari brand today, I feel, would never have happened if it wasn’t for Magnum and the Ferrari 308 GTS that starred alongside Tom Selleck. This to many people is the seminal Ferrari that they picture in their heads. Pretty astounding since the show went off the air in 1988. Continue reading

Festival of Ferraris highlights London Classic Car Show

A Ferrari F40 does a lap on The Grand Avenue | London Classic Car Show photos
A Ferrari F40 does a lap on The Grand Avenue | London Classic Car Show photos

Ferrari’s 70th birthday celebration was one of the features of the London Classic Car Show held last week at the ExCeL London. Of the 800 collector cars on display, a featured group of 21 bore the Prancing Horse emblem. Show organizers said it was the largest such gathering of historic Ferraris ever in London. Continue reading

Silverstone Auctions does $7 million in sales at Race Retro

1974 Ferrari Dino 246 GT sells for nearly $550,000 | Silverstone Auctions photos
1974 Ferrari Dino 246 GT sells for nearly $550,000 | Silverstone Auctions photos

Silverstone Auctions reports sales of £5.7million ($7.09 million) for its recent sale at the Race Retro show in Stoneleigh Park in Warwickshire, England. Silverstone notes that the sales total was more than £1 million ($1.24 million) more than the same sale last year and represented a record total for the event.

The  2017 sale also posted a 76 percent sell-through rate. Continue reading

Inaugural Mecum auction at Pomona scores $9.3 million

A 2006 Ford GT was the high seller, hammered at $305,000 | Mecum Auctions
A 2006 Ford GT was the high seller, hammered at $305,000 | Mecum Auctions

A trio of modern classics from the U.S. and Italy led the bidding at Mecum Auctions’ inaugural Los Angeles collector car sale, where 283 vehicles sold for more than $9.3 million, a strong result for a first-time event and despite the rainy weather.

The two-day auction held at the Fairplex in Pomona, an iconic location for Southern California hot rodders and customizers, also included the sale of 116 pieces of Road Art automobilia. Continue reading

26th Cavallino Classic: A celebration of Ferrari, and much more

Dino was the featured model at the 26th Cavallino Classic | Jim McCraw photos
Dino was the featured model at the 26th Cavallino Classic | Jim McCraw photos

The 26th running of the Palm Beach Cavallino Classic was a combination of ingredients that would be hard to top: a huge gathering of Ferraris and other classics hosted by Cavallino magazine’s publisher, John Barnes, and his staff of volunteers on the lawns of one of the greatest hotels in America, The Breakers in Palm Beach, Florida, with a side order of laps at Palm Beach International Raceway and a visit to Mar-A-Lago, the Marjorie Merriweather Post mansion currently owned by the President of the United States. Continue reading

Driven: Ferrari F50, and my continuing education

Larry Crane rides as Paul Frere masters the Ferrari F50 at the Fiorano circuit
Larry Crane rides along and learns as Paul Frere turns masterful laps in the Ferrari F50 at the Fiorano circuit

A lap of Pista de Fiorano, Ferrari’s on-site testing facility for all production and F1 cars, lived in my head. My first laps there were in a 328GTB. I returned to experience the first Testarossa and again for the 512TR. Then, on the 50th anniversary of the marque, we were given the opportunity to try the F50. Continue reading

‘Ultimate sports car list’ to be offered by Gooding in Scottsdale

The 1964 Shelby 289 Cobra has been fully restored | Brian Henniker/Gooding
The 1964 Shelby 289 Cobra has been fully restored | Brian Henniker/Gooding

Four cars from Italy, England, Germany and the United States make up what Gooding & Company calls its “ultimate sports car wish list,” to be presented during its January auction in Scottsdale, Arizona.

The cars – a 1967 Ferrari 275 GTB/4, a 1964 Aston Martin DB5, a 1955 Mercedes-Benz 300 SL Gullwing and a 1964 Shelby 289 Cobra – are landmark designs that carry pre-auction estimates ranging into seven figures. Continue reading

Final LaFerrari brings $7 million for charity

Alain Squindo, RM Sotheby's chief operating officer, leads the LaFerrari auction | Ferrari photos
Alain Squindo, RM Sotheby’s chief operating officer, leads the LaFerrari auction | Ferrari photos

The 500th and last LaFerrari produced sold for $7 million at a special RM Sotheby’s charity auction Saturday in Florida to raise money for the reconstruction of central Italy, after that region was devastated this year by a series of earthquakes. RM Sotheby’s staged the sale in partnership with Ferrari and as part of the Ferrari Finale Mondiali weekend at Daytona International Speedway. Continue reading