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The Ford Mustang Shelby GT500KR was officially launched at the 2007 New York International Auto Show where it was displayed as a celebratory piece for the 40th Anniversary of the original 1968 Shelby Cobra Shelby Cobra GT500KR. This car was so amazing, that Carroll Shelby himself grabbed up a model to put in his garage. Now, the model he drove can be yours as it will be put up for auction at Vicari’s 16th annual Biloxi Auction set to take place from October 7-14, 2012

Carroll Shelby’s car is painted in Ebony Black combined with a Satin Ebony Stripe. Only 236 units like this were built in 2009, making the muscle car a unique piece of machinery. The GT500KR is powered by a supercharged 5.4 liter V8 engine that delivers a total of 540 HP at 6,250 RPM and a peak torque of 510 lbs.-ft at 4,500 RPM. The car can sprint from 0 to 60 mph in just 4.3 seconds and runs the quarter mile in 12.5 seconds.

This is one of those rare opportunities where one lucky person can be the proud owner of a vehicle once driven by an automotive legend. It’s not going to come cheap, but it will be absolutely worth it.


Ford is continuing its list of charitable donations by offering up another special edition Mustang to follow the Boss 302 Laguna Seca Alley Edition , the Roush Stage 3 Mustang Special Edition , and the Ford Mustang Shelby GT500 by Melvin Betancourt . The newest charity vehicle is a one-off, unique Candy Red Boss 302 which will be auctioned during the Cattle Baron’s Ball to benefit the American Cancer Society.

This special edition features a one-of-a-kind paint scheme created for the event. The goal in customizing the Mustang Boss 302 Laguna Seca is to create a vehicle that will attract the highest bids from car collectors. If anyone is interested in this unique opportunity, the auction will be held on Saturday, Sept. 29, 2012 at the Joe Louis Arena in Detroit.

"Like many people, my family has been personally affected by the challenges of cancer and I am proud to chair Cattle Baron’s Ball in Detroit," said Jim Farley, Ford Motor Company group vice president for Global Marketing, Sales and Service. "As a fan of the powerful, historic Mustang, I am especially pleased to provide this American icon for auction."


The final of a series of four Ferraris being auctioned on behalf of the late Sherman Wolf’s estate is an ultra-rare 1953 Ferrari 340 Ferrari 340 MM Competition Vignale Spider. Only a total of 10 340 MM models were ever produced, with chassis No. 0350 AM, the example scheduled for auction, being the final of the 10 built.

Bodied by Vignale, this fine example boasts an elongated hood, rounded and some what bug-eye-like headlights, a large open mouth, and curvy front fenders. You also get a short windscreen that actually is in an “M” shape, giving in a unique look. Down the side of this classic Ferrari racer, there’s a set of port holes to extract heat from the engine and a forward-pointing arrow with the number “64” on it.

The backside of this 340 MM is as short as the front end is long and it is rather round. It boasts a pair of small brake lights and a pair of heat extractors for the rear brakes. Protruding from the underside are a pair of exhaust pipes that the engine exhales through.

The corners of this 340 MM boast wire wheels, just like it had in its racing days. The entire body is draped in a white undercoat with a blue strip that circles the entire car, front to rear. The body and paint are in their original and un-restored condition, so expect a few bumps and bruises here and there. For the most part, however, the body looks to be in excellent shape.

Under the hood of this 340 MM is a Aurelio Lampredi-designed 4.5-liter V-12 engine that pumps out 375 horsepower. This engine is known more for its lightweight design and efficiency, as its cylinder heads and block are from a cast alloy, which is both strong and lightweight.

This super-rare Ferrari will not come cheap, however, as Gooding & Company expects it to fetch between $4.5 and $6.5 million.

Hit the jump for the official press release.

Posted on by Brad Anderson

In the late-1960s, the Corvette was one of the “cars to beat” in varying racing series. It was also one of the few American cars that stood a chance against the likes of Ferrari , Aston Martin , and Porsche . One car, however, has topped every other Corvette throughout its lifespan: this is the 1968 Chevrolet L-88 Corvette Owens/Corning FIA/SCCA Racing Car with the chassis No. OCF/T.P.I. 002-68.

With its numerous victories in SCCA and FIA races throughout its life, particularly in the ’60s and `70s, this L-88 Corvette is often referred to as the most victorious racing Corvette ever. Now, documentation is scarce on some other Corvettes, so that is technically an unofficial title, but regardless, it is one accomplished piece of machinery.

After its retirement, this particular model was lost in the shuffle and wasn’t found again until its previous owner decided he had to have it. After hiring Corvette specialist, David Reisner, to find this classic `Vette, he finally met the Corvette he had been searching for. It was found at Road Atlanta when a colleague of Reisner overheard a racer claiming his `Vette as being an ex-Jerry Hansen and Owens/Corning car.

After all of this time and money spent searching for this car, it is now being presented at auction by RM Auctions in August 2012.

Click past the jump to read our full review.

Source: RM Auctions

The newest Ferrari in the Sherman Wolf estate that is up for auction at Pebble Beach on August 18th and 19th, 2012 is this 1985 Ferrari 288 GTO. The 288 GTO saw very limited production, as its models were only produced to allow homologation into FIA Group B Series. To get into this series, Ferrari had to build at least 200 models, but went a little further and created 272 examples.

FIA canceled the series, which resulted in the 288 GTO becoming a road car that was sold to the public. This 288 GTO example only has two previous owners, Wolf and Ronald Stern, and boasts just 6,000 miles. The body is coated in a bright red that looks like it just rolled off of the showroom floor, though there is no mention of a restoration.

Behind the driver sits a 2.8-liter V-8 engine that boasts a pair of IHI turbochargers and Weber-Mareli fuel injection. This engine pumps out 395 horsepower at 7,000 rpm and 366 pound-feet of torque at 3,800 rpm. From 0 to 100 km/h (62 mph), the 288 GTO takes only 4.8 seconds. Add on an additional 4.4 seconds and you are at 160 km/h (100 mph). It runs the 1/4-mile in just 12.7 seconds and has a top speed of 305 km/h (190 mph).

On the front and rear, you get independent double-wishbone suspensions with coil springs. In addition, you also get 225/50R16 high-performance tires on the front, 255/50R16 tires on the rear, and vented disc brakes all the way around.

Gooding & Company expects this Ferrari to pull in between $750,000 and $900,000 at auction.

Click past the jump to read the full press release.


Another member of the four Ferraris heading to auction as a part of the late Sherman Wolf’s estate is a 1957 500 TRC by Scaglietti. The TRC is often recognized as one of the most beautiful Ferraris ever manufactured, much of which is accredited to Sergio Scaglietti’s work on this body. Only 19,500 TRCs were ever built and this particular model was initially sold to John von Neumann, then went to Dr. Frank Becker, then to Thor Thorson, and finally to Mr. Wolf about 20 years ago.

This car’s body looks to be in superb shape and is draped in a bright red, but there is no mention of it having ever been restored. Helping increase this 500 TRC’s value is that this model has 100 percent matching numbers.

Under the hood is a 2,498 cc (2.5-liter) 4-cylinder engine with twin ignition. This engine pumps out a healthy 220 horsepower at 6,500 rpm and 190 pound-feet of torque at 5,400 rpm. It hits these high power numbers without the aid of any forced induction, which is rather amazing. The engine links up to a 4-speed manual transmission that serves up this power to a 3.78-to-1 rear axle.

Though it was considered a racecar, this 500 TRC boasts old-style 4-wheel drum brakes along with 5.25-inch spoked wheels on the front and 6-inch spoked wheels on the rear. The front suspension is an independent design with dual wishbones and coil springs. The rear suspension boasts a live axle with trailing arms and coil springs.

Gooding & Company anticipates this 1957 500 TRC by Scaglietti to fetch between $4.5 and $6.5 million.

Click past the jump to read the full press release.

The Ferrari California Spider alone is one of the most desirable Ferraris and sports cars in the world. This 250 GT LWB California Spider Competizione, which belonged to the late Sherman Wolf, is an even more desirable model, as it is one of nine examples that boast an all-alloy body and a long wheelbase. That rarity is something that will drive this car to between the $7 and $9 million mark.

This sample was actually the first Ferrari that the famed collector owned, and made its way to Wolf after first being owned by George Reed. Wolf also ran this Ferrari in the first ever Colorado Grand, just adding more to its storied history.

On the mechanical side, this 1960 Ferrari 250 GT LWB California Spider Competizione boasts full competition specifications. It has an outside plug motor that has TR heads resting on top of it, 4-wheel disc brakes, velocity stacks, and a ribbed gearbox to help keep it cool. The engine is a 2,953 cc V-12 with three Weber carbs mounted atop it and a 9.8-to-1 compression ratio. It punches out 280 horsepower at 7,000 rpm and 203 pound-feet of torque at 5,500 rpm.

The body is draped in a medium shade of red and was fully restored by Ferrari specialist, David Carte. The wheels are the factory-style wires and the headlights boast the full-racing covers to help add to the car’s aerodynamic look.

This 1960 Ferrari 250 GT LWB California Spider Competizione is being offered up at the Pebble Beach Auction on August 18th and 19th, 2012 by Gooding & Company. It is one of four Ferraris owned by the Wolf estate that are up for auction in Pebble Beach.

UPDATE 08/20/2012: The Ferrari 250 GT LWB California Spider Competizione has just set a record at Monterey for all-time high price. The classic, drop-top sports car was auctioned off for a whopping $11,275,000! Someone really wanted that car!

Updated 12/27/2013: A Ferrari 250 GT LWB California Spider will be put on auction by RM Auctions in Arizona on Friday, January 17, 2014. The car is expected to fetch around $7-9 millions!

Click past the jump to read the full press release.

Back in the early years of Porsche , technology was very limited and cars were, of course, far simpler than they are today. This meant that they also typically had much less power than today’s cars. There is no better example of said simplicity than looking at a Porsche from the 1950s and comparing it to today’s Porsches.

The most beloved Porsche of the `50s is far and away the 1600 Sportster. This compact roadster was far from fast, but it was always regarded as a nimble a fun-to-drive car. The 356A Sportster of the late 1950s is actually given a lion’s share of the credit for revolutionizing the sports car realm and showed that a car doesn’t need to be high-powered to be fun to drive.

With only 2,922 Speedsters ever built, it has become a true collector’s item that garners a ton of attention and money, especially when one hits the auction block. Well, that is exactly what we have, as RM Auctions is selling off a 1957 Porsche 356A 1600 Speedster in Monterey, California on August 17th and 18th, 2012.

Click past the jump to read all about this model being auctioned off.

Posted on by Brad Anderson 17

We firmly believe that the vast majority of cars only look good from certain angles, rather than every angle. In a similar vein, we believe that many cars look far better from the front than they do the rear and vice versa. Two of those cars just happen to be many previous generation Audi A4 ’s as well as the recently retired BMW 520 .

Whether you prefer the front of either to the rear, it doesn’t really matter, but what does matter is the question of joining the two best angles of each together to create a superior looking car.

Well, we recently stumbled upon an interesting sale on eBay UK where a used 1993 Subaru Impreza WRX is being sold with an Impreza interior and custom wheels but most importantly, it’s borrowed the rear-end from the BMW 520 and the front fascia from the Audi A4.

The result?

Interestingly enough, the end result is nowhere near as horrible as one may assume. The owner has managed to combine the two ends in such a way that this interesting Impreza actually looks quite impressive.

With 110,124 miles on the clock, the car has received four bids thus far with the highest bid currently being £4,000.00 (at the time of writing). Also included in the package is a “performance exhaust” and “Predator brakes” and the unnamed owner has promised that it’s been “maintained to [a] high standard.”

With just over five days left of the sale, any prospecting buyers better get a hurry-on as this truly is a unique one-off piece of machinery.

Source: eBay UK

The annual EAA AirVenture event has been, at least for the past few years, a showcase of sorts for the Ford Mustang.

That’s because every year, a special edition, aviation-themed Mustang is always in attendance, ready to be auctioned off for the benefit of the EAA’s Young Eagles Program. Last, year the "Blue Angels" Mustang was sold for a whopping $400,000 and before that the "SR-71" Mustang fetched $375,000 in 2010 and the "Dearborn Doll" Mustang went for $250,000 back in 2009.

For this year’s event, Ford and tuning shop Creations N’ Chrome are teaming up to present the latest auction-ready, aviation-themed Mustang: the Red Tails.

The “Red Tails” Mustang was designed as a tribute vehicle to the first African American aviators in the United States Army Air Corps, in particular to the legendary Tuskegee Airmen. As a way to pay homage to them, Ford specifically chose the Mustang model that carried the VIN #00051 in honor of the P-51 Mustangs the airmen flew in their time.

The Red Tails Mustang will on display from July 23rd to 26th, 2012. On July 26th, the car will head out to the auction block where it will be sold for charity.

Find out more details about the Ford Mustang "Red Tails" Special Edition after the jump


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