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Ferrari Challenge 2017, Mazda Raceway Laguna Seca

Ferrari Challenge 2017, Mazda Raceway Laguna Seca

The first round of the 2017 Ferrari Challenge was just concluded at the Mazda Raceway Laguna Seca in a three-day outing, May 12-14. Affable weather accompanied the event, and although I diligently applied my sunscreen in the morning, I never felt excess heat. Just the right amount of cool air movement kept the sunny skies from overheating.

A new model is taking part in the 2017 Ferrari Challenge racing series. It comes in the form of the 488 Challenge, introduced last December as the sixth Ferrari model to take part in this one model racing set which Ferrari initiated in 1992. The Challenge was initiated by Ferrari for their clients who had a special zeal for racing. The 488 Challenge represents two firsts in the Ferrari Challenge. It is the first turbocharged Ferrari as well as the most powerful to compete in this racing series.

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2015 Ferrari F60America

2015 Ferrari F60America

Ferrari has been selling delicate, aggressive and beautiful cars with the Prancing Horse emblazoned across the hood for 60 years here in the United States. From legendary machines like the 250 GTO, to modern marvels like the Ferrari FF, the Italian company has been showing the world what a supercar should be. Now to celebrate this milestone of six decades, Ferrari has created an ultra-limited model exclusively for its American customers. Dubbed the Ferrari F60America, this special edition machine comes with a V-12 engine, no roof and a price tag of $2.5-million.

The car is based on the most powerful GT car that Ferrari currently sells, the F12 Berlinetta. The 6.3-liter carries on unchanged, but visually the car has received a very thorough overhaul. Every piece of this car’s design has been created to pay homage to the previous 60 years of Ferrari heritage. Only ten of these cars are being produced, a nod to the 10 GTS4 NART Spiders that Ferrari imported for US customers on the request of Luigi Chinetti. Luigi Chinetti was the founder of Ferrari’s North American Racing Team, and the white stripe across the exterior of the car pays tribute to the team’s preferred livery.

This is easily one of the most limited and sought after Ferrari models in decades. As such, all 10 models were already sold before the car was even announced.

Updated 01/25/2016: The first out of ten F60 American units was delivered during this weekend during the 25th annual Palm Beach Cavallino Classic.

Continue reading to learn more about the 2015 Ferrari F60America.

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1953 Ferrari 340 MM

1953 Ferrari 340 MM

Back in the days when Ferrari developed engines quicker than they could do gearboxes or bodies, as per Enzo’s belief that those who rely on aerodynamics can’t put together proper engines, many memorable roadsters were built using the 4.0-liter Lampredi V-12 as the centerpiece. Other configurations sprouted from this 1951-designed powerplant as the company continued to use this layout all throughout the decade. One of the most emblematic models of the 340 series is the 340 MM, which appeared as an evolution of previous 340 iterations in 1953.

As with other Ferrari cars, MM stood for Mille Miglia, the race for which the car was originally conceived and which its forerunner, the 340 America, had won in 1951. In truth, the MM was the real replacement of the America, being a real step forward from the so-called 340 Mexico from which it evolved.

With only 11 examples built, the 340 MM is an extremely rare car, especially since both Carrozzeria Touring Superleggera and Carrozzeria Vignale dealt with building spyder bodies while Pininfarina crafted the coupes. This means that nearly each example is unique in its own way. Couple this with the racing history of certain chassis and you get part of the reasoning behind the prices for which these cars change hands. One of the many in the myriad of Ferrari ultra-exotic rarities.

Continue reading to learn more about the 1953 Ferrari 340 MM Competition Vignale Spider.

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Larry Roth Takes Delivery of America's First Ferrari F12berlinetta

Larry Roth Takes Delivery of America’s First Ferrari F12berlinetta

Remember when Ferrari decided to auction off the first F12berlinetta in the U.S. as part of its contribution to relief efforts stemming from Hurricane Sandy?

Long Island resident Larry Roth won that auction, paying $1.125 million for the Italian supercar. It might have been way more than the $315,888 retail price of the F12berlinetta, but since it was for a good cause, we don’t think Roth had any problem opening up his checkbook.

After months of waiting, Roth’s generosity and patience has finally paid off after he took delivery of the first production F12berlinetta in the U.S. Good things come to those who wait and we assume that Roth is pretty thrilled to finally have the supercar in his hands.

He deserves it too after the tremendous bid he put up to win the auction. We just hope he takes real good care of it seeing as he paid quite a premium to own it.

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Ferrari Collects $1.125 Million From First US-Spec F12berlinetta for Hurricane Relief

Ferrari Collects $1.125 Million From First US-Spec F12berlinetta for Hurricane Relief

For all of the esteem Ferrari receives as one of the most famous automakers in the world, you can’t deny the fact that it also has a soft spot for aiding those in need. We remember Ferrari auctioning off a 599XX Evo some months ago to raise money to help those affected by earthquakes in Italy.

Recently, the Italian supercar manufacturer put on their generosity hat once more by auctioning off the first U.S.-Spec Ferrari F12berlinetta to aid those affected by Hurricane Sandy.

With great interest in the car, seeing as it’s the first U.S.-spec F12 to be released, the auction ended up being a tremendous success with a winning bid of $1.125 million, a sum paid for by Long Island resident, Larry Roth. The amount, together with donations made by Ferrari dealers, clients and friends amounting to $345,000, will all be donated to the Red Cross.

It’s a testament to Ferrari’s social and civic awareness that it can have an auction like this to help out people in need. Credit is due to Mr. Roth, too. He dug deep into his pockets to scoop up the F12. He might have to wait for the supercar, though, as delivery of the model isn’t expected until the middle of next year.

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Ferrari Will Auction off the First F12berlinetta to Benefit Hurricane Sandy Victims

Ferrari Will Auction off the First F12berlinetta to Benefit Hurricane Sandy Victims

The northeast U.S. is still in recovery mode after Hurricane Sandy rolled through and left it in shambles. Ferrari is now stepping in to help out the recovery process by not selling the first-run F12berlinetta in a traditional fashion. Rather, Ferrari will offer the first F12berlinetta sold in the U.S. to the highest bidder. No, Ferrari is not trying to increase it profits; it is taking all of the proceeds from the auction and donating it to the American Red Cross, which will then use that money to help out the victims of Sandy’s wrath.

This auction will take place on November 17th at the Formula 1 United States Grand Prix, which kicks off in Austin Texas. The auction will start at 9:00 p.m. EST and the car will be given to the highest bidder. If you cannot attend the auction, you can still bid, but you’ll have to any Ferrari dealer to place your absentee bid.

The F12berlinetta will carry a $315,888 base MSRP, but as expected, the first-run example will pull in a lot more money than the typical model. Look for this to pull in somewhere near the $500 to $600K mark, maybe even more, if folks are feeling generous.

In addition to auctioning off its newest supercar, Ferrari and the American Red Cross have teamed up to launch a donation page, so you can sign up to give blood, volunteer or donate cash. What a wonderful act by Ferrari and something that many of these supercar companies just don’t get into all that often.

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2012 Ferrari FF "Ian Poulter" Edition

2012 Ferrari FF "Ian Poulter" Edition

Technically, there’s really no Ferrari FF "Ian Poulter" Edition, but seeing as this unique FF is a ’one-off’ that was delivered to British golfer Ian Poulter, then you can understand why this car holds special regard in our eyes.

Presented at the 2012 Pebble Beach Concours d’Elegance, this particular FF also holds distinction as the first Tailor Made car in the US with an interior design that fits right up Poulter’s tee. No golf pun intended.

For his custom-spec’d model, Poulter opted to deck the interior of his pristine white Ferrari FF with a "Sabbia" triple-layer livery that’s finely complemented by black Poltrona Frau leather and tartan. Matching the peculiar chose of trim is the prevalent use of carbon fiber and high-tech fabric sports elements, which also comes as a first for Ferrari.

Despite earning fame as a professional golfer, Poulter is also a known car enthusiast with a garage that includes a Ford GT, a Bentley Continental GT, and a Ferrari California. With all due respect to those cars - and they’re fine machines by any stretch of the imagination - Poulter’s new, one-off Ferrari FF should definitely have a garage of its own.

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Supercar Frankenstein: Piecing Together the Ultimate Supercar

Supercar Frankenstein: Piecing Together the Ultimate Supercar

Every car nut has daydreamed about building a car. Hell, we do on a daily basis, and building one in real life would cost more money than we could ever imagine having in our checking accounts. Let’s suspend reality for a tick here and imagine that someone handed you a blank check and asked for you to build the ultimate supercar.

Well, we are going to go over all of the supercars and lay out what pieces from which cars would come together to create the ultimate supercar Frankenstein. Now, there are some rules here. We have to make sure things are feasible. Things like slapping a W-16 Veyron engine into a Lotus Elise will not work, therefore it flat out can’t be done.

We’ll review our favorites in each of the three major categories — body and chassis, engine, and transmission — and end it all up by giving you our estimated specifications for our new vehicle.

Click past the jump to experience our build.

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1957 Ferrari 500 TRC by Scaglietti

1957 Ferrari 500 TRC by Scaglietti

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.

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1960 Ferrari 250 GT LWB California Spider Competizione

1960 Ferrari 250 GT LWB California Spider Competizione

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.

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US to be 2014 Ferrari Enzo's biggest market despite price hike over original

US to be 2014 Ferrari Enzo’s biggest market despite price hike over original

The Ferrari Enzo’s successor has been in the pipeworks for upwards of five years now and with its launch creeping closer and closer every day, additional details are being released frequently. The latest information to be released is in regards to sales of the car codenamed the ‘F70’ and just which markets Ferrari plans to targets with its latest halo car.

The U.S. has always been one of, if not the largest sales market for Ferrari. Ever since the brand’s inception in 1929, Americans have enveloped the Italian marque and as a result of this long history between duo, Ferrari aims to target the U.S. significantly. It also hopes it will be the car’s largest market when it goes on sale next year.

A company insider who was speaking to Bloomberg released the information as well as a few other juicy details including the new car’s rumored price of $850,000 in the U.S., which will put it right in the same realm as the incredible Porsche 918 Spyder. Even though the U.S. is said to be the F70’s largest market when deliveries begin in mid or late 2013, less than 100 units are expected to make their way here if the 399 units of the Enzo which were produced are a guide as to how many of its successor will be produced.

Ferrari expects the F70 to completely reshape the automotive industry as it should pave the way for other supercars to follow and if the rumors are to be believed, it’ll feature an incredible V12 engine pumping out 800HP by itself or 920HP when combined with the advanced KERS system.

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Kobe Bryant scores a Ferrari 458 Italia for $329,000

Kobe Bryant scores a Ferrari 458 Italia for $329,000

For "normal" folks like us, making a six-figure purchase is tantamount to being kicked out of the house and forced to sleep on the curb. But for people like professional basketball player, Kobe Bean Bryant, $329,000 is pretty much chump change.

Sure, his recent divorce cost him half his fortune, but Kobe’s still got plenty of Benjamins coming his way, which makes his recent purchase of a 2012 Ferrari 458 Italia not much of a big deal to the Mamba. He paid for it full, too, with a check, which pretty much tells you that this is like buying groceries for this guy.

The price Kobe paid for his 458 Italia is about $100,000 more than the MSRP price of the Italian supercar, which leads to speculation - at least from our end - that he probably tricked out his new toy with plenty of additional options.

Either that or Kobe just got hosed for 100 grand by the dude who sold him the car.

In deference to the man, we’d prefer to believe the former since Kobe has never been shy about his growing fleet of exotics, particularly those with Italian heritage to it.

After all, he did grow up in Italy.

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2012 Ferrari 458 Italia Grand Am

2012 Ferrari 458 Italia Grand Am

Ferrari and their out-of-house tuning firm, Michelotto, have wrapped up their initial development for the new Ferrari 458 Italia Grand Am and have begun testing the vehicle on the Fiorano Circuit. If the name for this new racer doesn’t give it away, the 458 Italia Grand Am was produced as the first factory-sanctioned Ferrari to compete in the Grand-Am’s Rolex Sports Car Series GT class under the current GT rules.

The Ferrari 458 Italia Grand Am is based on the GT3 version of the V8-powered Ferrari Berlinetta. The difference between the new 458 Grand Am model and the European version is that the Grand Am develops a total of 500 HP (and not 470 HP like other 458 Italia racing cars) at maximum revs of 8000. Slowing the North American Grand Am down is a 48 mm restrictor and less efficient aerodynamics than the GT version. Compared to a standard 458 Italia, the Grand Am model features a revised braking system (since the car is lacking ABS and traction control) and a roll-over bar which gives greater lateral protection thereby increasing safety. The car is fitted with tires from the Grand Am series’ sole provider, Continental.

UPDATE 12/06/2011: Ferrari has confirmed that their 458 Italia Grand Am will be making its world debut at the Daytona 24 Hours, which takes place from January 26-29, 2012 at Florida’s Daytona International Speedway. The 458 Grand Am will be crewed all year by Daytona 500 winner Michael Waltrip, North American Rally Champion, Travis Pastrana, and two endurance race veterans, Rui Aguas and Robert Kauffman.

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AutoMotorPlex makes a 14-year-old girl's supercar wish come true...repeatedly

AutoMotorPlex makes a 14-year-old girl’s supercar wish come true...repeatedly

There are two things you need to know about 14-year old Maddy Wagner: she loves supercars and she has autism.

The former may sound trivial compared to the latter, but Maddy doesn’t think of herself any less even with her condition. She has her dad to thank for that. Her father said that it was important for “Maddy not be defined by her autism. I’ve taught both my kids that they can accomplish whatever they believe they can accomplish. Yes, she’s autistic, but in every other way, she’s just like every other teenage girl. I hope people don’t see her as being autistic but rather as being a beautiful young lady who can accomplish anything she sets her mind to.”

And what Maddy set her mind to was a fascination for exotics and one of her holiday wishes was to get a chance to ride in one.

Last week, her wish became a reality, except that instead of riding in one supercar, Maddy was able to sit shotgun in 13 of them. From Bentleys, Ferraris, Lamborghinis, and even a Caterham, Maddy’s holiday wish came true with the help of some selfless supercar owners.

Full story after the jump.

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Walt Disney World Speedway adds Exotic Driving Experience

Walt Disney World Speedway adds Exotic Driving Experience

Whether you’re a kid or not, the name "Walt Disney" should instantly ignite a certain amount of joy. We’ve all been flipping through the television channels and stopped at a Disney cartoon just for a few minutes. Disney has been around for years bringing that kind of long-lasting joy for people, and now they are bringing it once again with the new additions to the Walt Disney World Speedway.

The Walt Disney World Speedway is a racing facility located on the grounds of the Walt Disney World resort near Orlando, Florida, but don’t expect to see Lightning McQueen racing around the track. The speedway has recently added a new Exotic Driving Experience that includes some of the most amazing supercars in the world – the Ferrari F430, Ferrari 458 Italia, Lamborghini Gallardo LP560-4, Lamborghini Gallardo LP570-4, Audi R8, and Porsche 911 GT3 RS 997.

If you are interested, the experience will officially begin on January 16, 2012.

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The Car Show: Season 1 Episode 8

The Car Show: Season 1 Episode 8

This week’s episode of The Car Show packed many of the things that were vacant from the last week’s episode. Yes, we said it, there was much more Car Show and a lot less filler crap.

Some of the mini segments did make their way into the show, including 0-60 (one of our favorites), Behind the Wheel, and of course, One for the Road. Aside from that, there were more celebrity appearances with two different interviews and a trip up the German Autobahn and down the Pacific Coast Highway in an Audi R8 V10 Spyder.

If anyone finds Adam Carolla the least bit annoying then you’ll be happy to know that he participates in Red Bull’s SoapBox Derby and falls a little short of the finish line. One nasty scrape later and he still finds a way to piss people off. All for the love of cars.

Hit the jump for more details on The Car Show: Season 1 Episode 8.

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Ferrari FXX crashes at Laguna Seca

Ferrari FXX crashes at Laguna Seca

The 2011 edition of the Ferrari Racing Days at Laguna Seca was supposed to be a fun day of merry-making amongst owners of the Prancing Horse.

The weekend-long event featured a number of races involving cars from the Ferrari Challenge Trofeo Pirelli, including that of the new 458 Italia, as well as the FXX and the 599 XX.

Unfortunately, one owner of a rare Ferrari FXX didn’t have as good a weekend as his contemporaries after crashing his supercar out on the infamous ’Corkscrew’ section of the racetrack. While the damage doesn’t appear to be as serious as it should have been - FXX models are not meant for collisions - the dings and scratches are still noticeable enough to leave a pretty big dent in the owner’s wallet.

He could probably still afford paying for the damage done to his street-illegal sports car, but for a vehicle that could fetch millions of dollars in the market, the owner of this FXX should probably take good care of his prized stallion the next time he takes it out on the race track.

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A spotter's guide on the cars running at the 2011 12 Hours of Sebring

A spotter’s guide on the cars running at the 2011 12 Hours of Sebring

Are you ready to have your 2011-racing itch finally scratched? With the 2011 Formula One season getting delayed by political unrest in Bahrain, the racing community turns its attention to the opening of the 2011 American Le Mans racing season this weekend with one of the most iconic endurance races in the world, the 12 Hours of Sebring.

Always one of the most eagerly anticipated races of the year, the 12 Hours of Sebring kicks off the 2011 ALMS season in grand fashion with the reigning champs from Peugeot Sport Total ready to defend their 2010 title against a field of heavyweight contenders, including headlined perennial contender, Audi, and last year’s runner-up, Aston Martin.

This year, Peugeot will be bringing the new Peugeot 908 HDi FAP to compete against the likes of the Audi R15+TDI and the Aston Martin Lola B08.

In addition to the top-of-the-field LMP1 class, the 2011 12 Hours of Sebring will also feature races from a number of different classes, including the new LMPC class, led by PR1 Mathiasen M/Sport’s Oreca FLM09, and the always-competitive GT class, which has a formidable entrant in the form of the recently-revealed Risi Competizione’s new Ferrari 458 GTC.

To keep you updated with all of the cars scheduled to participate in all of the weekend’s races, the folks over at SpotterGuides.com have provided everything you need to know about each and every car that will see the green light this weekend. Keep tabs on some of the favorites and be on the look-out for dark horses, because this weekend’s 12 Hours of Sebring endurance race is expected to be one for the books.

If you’re going to keep tabs on all the action from the confines of your own home, you can watch the race in its entirety online on ESPN3.com, or if you have an Xbox, you can catch the action through live streaming. If you miss out on watching the race live, ABC will have a recap from 12:30 – 2:00 pm EST with ESPN2 airing the same recap show next Tuesday, March 22, 2011.

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2011 Ferrari 458 GTC by RISI Competizione

2011 Ferrari 458 GTC by RISI Competizione

RISI Competizione is going into the 2011 racing season armed with a positive attitude and a newly modified Ferrari 458 Italia just in time for the 12 hours of Sebring in central Florida.

"This new car offers a great opportunity for us to show what, I believe, we do best at Risi Competizione," said Risi Competizione’s Founder and Team Principal, Giuseppe Risi, "which is to technologically develop our cars to race and win GT events at the highest level of competition. I am confident that our total race car preparation will be better than our competitors, and that will allow us to concentrate our efforts on the areas of development and evolution that new race cars inevitably present."

The "Rosso Red" Ferrari 458 Italia GTC follows along the same path as the Italian brand’s typical Gran Turismo vehicles, but has been modified for better handling and grip on the track. Its suspension is also stiffer, allowing the Ferrari to have approximately 50% less movement or roll than the F430. Some similarities between the F430 and the 458 GTC is the mid-engined V8 producing 465hp. This engine is mated to a significantly revised gearbox and an improved traction control system which will allow drivers to pinpoint the directionality of the car through corners.

Ferrari drivers, Jaime Melo, Toni Vilander, and Mika Salo, will be onhand in Sebring to sit behind the wheel of the Michelotto-developed Ferrari 458 GTC. Only four examples of the Ferrari will be in attendance when the 12 Hours of Sebring kicks off on March 19, 2011.

Hit the jump to check out what the drivers have to say about the Ferrari 458 GTC by RISI Competizione.

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First production Ferrari FF headed for Boca Raton Concours auction

First production Ferrari FF headed for Boca Raton Concours auction

Despite being only five years old, the Boca Raton Concours d’ Elegance in Florida has become a prime event for auto enthusiasts because of the number of first edition production cars being auctioned off there. In recent years, the Concours has been able to sell off first production models of the 2010 Audi R8 V10 5.2 FSI Quattro, the 2010 Ferrari California, the 2011 Ferrari 458 Italia, the 2011 Mercedes-Benz SLS AMG, and the 2011 Audi R8 V10 Spyder, to name a few.

This year, two new highly anticipated supercars are scheduled to be in attendance at the Boca Raton Concours and, as has been the custom for this event, the first edition models of these two cars are going to be up for auction. Prepare to open your checkbooks, gentlemen. The 2012 Ferrari FF and the Mercedes-Benz SLS AMG Roadster are coming to Boca Raton.

The event is scheduled to kick off next weekend, February 26th, 2011, where it is expected to draw even more attendees, most of whom are looking to grab a piece of the first-edition models of the two aforementioned machines. If these people fail to scoop the big kahunas, they can still opt for some awesome “consolation” prices, including the first Audi R8 GT in the US, the first of only 30 Mercedes CLS63 AMG ‘C’ Limited Edition vehicles, and, if you’re a fan of Jay Leno, an opportunity to take a tour of his world-famous garage.

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Ferrari releases 2011 Ferrari Challenge Race Schedule

Ferrari releases 2011 Ferrari Challenge Race Schedule

Despite its well-documented history – recent as it may be – of reliability issues, the Ferrari 458 Italia is still considered one of Ferrari’s crown jewels. It’s no surprise that the Prancing Horse has given the 458 Italia its own racing iteration - the 458 Challenge - which is going to participate in the 2011 Ferrari Challenge series.

Recently, Ferrari North America unveiled the official schedule of the racing series, taking it a number of renowned race tracks across North America, including two in Canada with one at Montreal where it is expected to once again support the Formula One Canadian Grand Prix and the other at Toronto where it will be held for the first time as a support race for Izod IndyCar Series.

The 2011 schedule will take place in the following locations in the corresponding dates: April 28th-May 1st at the Infineon Raceway, Sonoma, California; May 20th-22nd at the Laguna Seca, Monterey, California; June 10-12 at Montreal, Quebec, Canada as a support race for the Canadian Grand Prix; July 8th-10th at Toronto, Ontario, Canada as a support race for the IndyCar Series; July 29th-30th at Lime Rock Park, Lime Rock, Connecticut; Sept 23rd-25th at Homestead Miami Speedway, Homestead, Florida.

Despite it being a short calendar series, the 2011 Ferrari Challenge Series is shaping up to be a can’t-miss event among auto racing aficionados who are interested to know how the 458 Challenge is going to handle the competition from its equally high-powered Ferrari brethren.

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Reggie Jackson's 1973 Ferrari 365 GTB/4 Daytona Spyder is up for auction

Reggie Jackson’s 1973 Ferrari 365 GTB/4 Daytona Spyder is up for auction

Mr. October himself, Reggie Jackson, has a 1973 Ferrari 365 GTB/4 Daytona Spyder bearing chassis number 16835, one of the rarest Ferraris you can find on the planet. The good news is that the baseball legend has put this specific car on the auction block. The bad news is that if you want to buy it, you’re going to need at least $1 million.

Such is the plight of the average folks. No matter how much we want to own a car of this magnitude, the closest thing we can settle for is pictures and the occasional daydreams.

If you just so happen to be one of the lucky ones that do have the money to make such a purchase, you’d be glad to know that the car will be one of the featured items at RM Auctions’ annual Automobiles of Arizona sale, which is going to be held on January 20th-21st in Phoenix, Arizona. Who knows, you might end up becoming the new owner of this classic Ferrari that was once owned by not just Reggie Jackson, but also iconic daredevil Evel Knievel.

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Video: 1985 Ferrari 288 GTO becomes fastest Ferrari in the world

Video: 1985 Ferrari 288 GTO becomes fastest Ferrari in the world

Who would’ve thought that the fastest Ferrari in the world would be a car that was built 25 years ago? Okay, there’s still that matter of authenticating the time, but still, the feat itself is pretty darn impressive.

Using a stock-bodied 1985 Ferrari 288 GTO, the folks over at P4 by Norwood, led by owner Steve Trafton, were able to run the Ferrari at the Bonneville Salt Flats in Utah at a record speed of 275.4 mph averaged over two trials. Pretty impressive, huh?

Not only were they able to stake claim as the running the fastest Ferrari on the planet, but they also managed to become the fastest sports car in the world, beating the previous record by well over 3mph.

Now, here’s where it gets a little tricky. Despite the body being that of a 1985 288 GTO, the car was able to reach that speed without the help of an Italian engine underneath. What they put in under the hood of the 288 GTO was a 540 cubic-inch General motors V8 with a couple of Borg Warner 80-mm turbos to give the car some added oomph.

Regardless of what’s under that hood of the 1985 Ferrari 288 GTO, 275.4 mph is still beyond ridiculous. Let’s see somebody try to go faster than that.

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