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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).

Enzo Ferrari museum to open in March

“The Origins of the Myth” is the first exhibition scheduled for display when the Museo Casa Enzo Ferrari opens to the public on March 10. The museum complex is dedicated to Enzo Ferrari and motorsport in Ferrari's hometown of Modena, Italy. But celebrations in Modena will begin nearly a month earlier, marking the birth of the great car builder on Feb.

Lexus RC F Sport completes coupe lineup

An F Sport trim joins the Lexus RC 350 and the RC F to complete the brand's coupe trifecta for the 2015 model year. All three models are set to launch this fall in the U.S. The Lexus RC F sport is slated to make its debut at the Geneva motor show beginning next week.