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Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).

Ferrari F70 caught on video

The new Enzo – the Ferrari F70 – has been caught on video around Marenello as Ferrari prepare to debut it at the Paris Motor Show. With the Paris Motor Show looming in just over a month, Ferrari are planning their biggest reveal in almost a decade, the replacement for the Enzo supercar – the Ferrari F70. The F70 will be getting a more powerful version of the V12 under the bonnet of the new F12 together with a KERS hybrid attached for a total output of over 900bhp.

Porsche Boxster and Cayman updates for 2009

The world’s most successful car company, Porsche, has announced upgrades for both its Boxster and Cayman models. The updated 2009 Porsche Cayman New engines, revised suspension and the magnificent PDK gearbox, make these far more than just cosmetic upgrades. These are real improvements, and make the Boxster and Cayman not just more powerful, but actually more economical.