$8.8m ’58 Ferrari 250 GT California Spider highlights RM’s Arizona auction

1958 FERRARI 250 GT LWB CALIFORNIA SPIDER SETS NEW ARIZONA AUCTION RECORD AT RM’S $45.5 MILLION TWO-DAY SALE

– RM Auctions 15th annual Arizona sale generates more than $45.5 million in sales with 85 percent of all lots sold
– Two-day sale features exceptional offering of 125 automobiles, one boat and one motorcycle
– Ten automobiles achieve million-dollar plus results with multiple new auction records set
– Top-seller: 1958 Ferrari 250 GT LWB California Spider sells for an outstanding $8,800,000
– Full results are now available online at www.rmauctions.com
– RM continues its 2014 auction calendar with its debut sale in Paris, France, February 5 during the world famous Retromobile week

PHOENIX, Arizona (January 18, 2014) – RM Auctions, the world’s largest collector car auction house for investment-quality automobiles, kicked off its 2014 auction season on a fantastic note once again this week, realizing an impressive $45,563,450 million in sales* with 85 percent of all lots sold at its 15th annual Phoenix, Arizona sale.

Within a beautiful setting and stunning presentation at the Arizona Biltmore Resort & Spa, the results represent a new high for the international auction house in Arizona. The two-day sale saw ten million-dollar-plus transactions and numerous auction records set, headlined by the top-selling 1958 Ferrari 250 GT LWB California Spider. Reflecting RM’s international clientele and the global appeal of the well-established event, bidders hailed from 20 countries around the world.

“RM Auctions continues to prove that the combination of great cars, knowledgeable clients and a beautiful auction venue is a winning formula for both buyers and sellers,” says Ian Kelleher, Car Specialist, RM Auctions. “This year’s two-day sale was an unqualified success and set a terrific benchmark for the entire Arizona auction week, not to mention a fantastic start for the 2014 auction season.”

Top sale honors went to the highly desirable 1958 Ferrari 250 GT LWB California Spider, chassis 1055 GT with coachwork by Scaglietti, selling for an incredible $8,800,000 before a packed auction room, making it the most valuable car ever sold in Arizona auction week history. The 11th of only 50 long-wheelbase California Spiders ever built, 1055 GT goes to its new owner in remarkably well-preserved condition. Continuing RM’s outstanding track record for the sale of important Ferraris at auction, additional Ferrari highlights from the two-day sale include: the beautifully restored 1963 Ferrari 250 GT/L ‘Lusso’, chassis 5215 GT, which sold for $2,447,500, setting a new record for the model at public auction; a wonderfully preserved 1966 Ferrari 275 GTB, chassis 8349, which sold for $1,815,000; and a 1966 Ferrari 275 GTS, chassis 08353, which sold for $1,485,000.

Additional impressive million-dollar-plus sales include the brilliantly restored, ex-Bob Donner and Don Wester 1961 Porsche 718 RS 61 Spyder, taking the number two spot at $2,750,000. Representing the diverse roster of automobiles, a 1930 Duesenberg Model J ‘Disappearing Top’ Convertible Coupe, offered for public sale for the first time since new, sold for a fantastic $2,200,000.

RM Arizona 2014 – Top Ten Sales:

1. Lot 112
1958 Ferrari 250 GT LWB California Spider
$8,800,000.00

2. Lot 51
1961 Porsche 718 RS 61 Spyder
$2,750,000.00

3. Lot 89
1963 Ferrari 250 GT/L ‘Lusso’
$2,447,500.00

4. Lot 22
1930 Duesenberg Model J ‘Disappearing Top’ Convertible Coupe
$2,200,000.00

5. Lot 100
1966 Ferrari 275 GTB
$1,815,000.00

6. Lot 104
1995 Ferrari F50
$1,650,000.00

7. Lot 110
1966 Ferrari 275 GTS
$1,485,000.00

8. Lot 83
1956 Mercedes-Benz 300 SL Gullwing
$1,292,500.00

9. Lot 99
1935 Hispano-Suiza J12 Cabriolet deVille
$1,045,000.00

10. Lot 20
1958 Mercedes-Benz 300 SL Roadster
$1,045,000.00

Further notable sales from the Arizona auction include:
Lot 21 – 1958 Bentley S1 Continental Coupe – $511,500 (Record for a Bentley S1 Continental at public auction)
Lot 18 – 1970 Mercedes-Benz 280 SL ‘Pagoda’ – $165,000 (Record for a Mercedes-Benz 280SL at public auction)
Lot 43 – 1986 Toyota Celica IMSA GTO – $242,000
Lot 88 – 1961 Bentley S2 Continental ‘Flying Spur’ – $297,000 (Record for a Bentley S2 Continental ‘Flying Spur’ at auction)

RM Auctions continues its exciting 2014 calendar with its debut sale in Paris, France, February 5 at Place Vauban. Held during the world famous Retromobile motoring week, the sale will present a spectacular selection of more than 50 automobiles from all sectors of the collector car market. The Paris sale is closely followed by RM’s 16th annual Amelia Island, Florida sale, March 8, the official auction of the renowned Amelia Island Concours d’Elegance.

Full results from RM’s Arizona sale along with details on upcoming events are available online at www.rmauctions.com.

*Please note, results are in USD and are inclusive of a 10 percent buyer’s premium on automobiles and 15 percent on all other lots.

Source Article from http://www.autoblog.com/2014/01/20/ferrari-250-gt-california-spider-rm-auctions-arizona/
$8.8m ’58 Ferrari 250 GT California Spider highlights RM’s Arizona auction
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Barrett-Jackson 2014: Michael Schumacher’s 1998 Ferrari F300 earns round of applause, $1.7M bid [w/video]

1998 Ferrari F300

There isn’t much in the world that can aurally match the screeching wail of a Formula 1 car at redline. We obviously can’t say whether or not the showmanship of starting this 1998 Ferrari F300 in front of the assembled masses at Barrett-Jackson and slowly taking it up to its 18,000-rpm redline had any effect on bidders, but it did, at the very least, result in a round of applause.

This ’98 Ferrari F300 was driven 38 times by Michael Schumacher, and there was another round of applause for the driver, who’s currently in a medically induced coma and listed in stable condition after a skiing accident. This particular example is number three of nine total built for the ’98 season. Power comes from a 3.0-liter V10 engine producing 805 horsepower at 17,500 rpm.

After it was all said and done, bidding ended at $1.7 million (plus another 10 percent in fees). Check out our live images from the auction floor above, and scroll down below for a spine-tinglingly loud auction video and to read its official description.

Car chasis no. 183. 805bhp, 2,997cc DOHC V10 engine, 7-speed button-shift transmission, independent front and rear push rod activated torsion arm suspension and 4-wheel ventilated carbon-ceramic composite disc brakes. Wheelbase: 116.25″. The precursor to Ferrari’s millennial F1 dominance. On January 7, 1998 Ferrari debuted a car that would change the company’s racing future in Maranello, Italy. It is arguably one of the most important cars in Ferrari F1 race history. The 1998 Ferrari F300 played a crucial role in the Italian car company’s return to dominance in F1 racing, setting up legendary driver Michael Schumacher to win five world championships. Driven 38 times around the world by Schumacher, this third chassis off the assembly line of nine total F300s (Chassis number 183) is widely credited as one of the most important of the principle test cars during early proving sessions. It is no coincidence that Ferrari had six consecutive winning seasons after the introduction of this car. It should be noted that Schumacher won six races and had 11 total podiums in 1998 alone. It is a rare occasion when such an important piece of racing history, a truly pivotal chapter in Ferrari’s dominance in the F1 sport, is offered for sale at auction. What made this car special was its novel aerodynamic design approach which, in the years to come, would ensure Ferrari’s superiority over its rivals. This chassis 183 F300 met those demands. Powering this car was the new Tipo 047, a V10 engine with opposing cylinders set at an 80-degree angle and capable of 805hp @ 17,500rpm. In 2011, it was once again invited to take part in Ferrari F1 Clienti events in Mugello in April followed by an appearance at Imola in June and then at the Ferrari Finals in November. The car is in pristine condition. It is worthy of being displayed in the Smithsonian, toured with world-class events, donated to charitable causes, kept in private collections or driven with the Ferrari F1 Clienti Program. Accompanied by its Classiche certificate and Ferrari documents showing the car was driven by Michael Schumacher 38 times, this car has been fully restored by Ferrari and is eligible for a number of historic events. As an actual verified Ferrari that has been piloted by seven-time World Champion Michael Schumacher. We believe the 1998 F300 Chassis 183 was an integral part in re-establishing Scuderia Ferrari’s dominance in Formula 1 racing. Michael Schumacher’s five championships with Ferrari began with the time he spent driving this car.

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Barrett-Jackson 2014: Michael Schumacher’s 1998 Ferrari F300 earns round of applause, $1.7M bid [w/video]
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LaFerrari racing prototype spotted in Southern Europe

Ferrari LaFerrari racing prototype

Rumors have been circulating for a few months now that Ferrari could be gearing up to challenge for outright victory at Le Mans once again with an LMP1 racer of its own. First the head of the sports racing division hinted at the prospect, then the head of the Formula One team lent it more credence, and most recently, the chairman of the company itself confirmed the possibility. We’ve even heard some rumors over who could drive the thing. But what we haven’t seen yet is any solid proof that the Prancing Horse marque has actually been working on such a racecar.

That could be what we’re looking at it here, but then again, it might not be. Spied undergoing testing in Southern Europe, this camouflaged test mule appears to be based on the new LaFerrari supercar, but with some key modifications that indicate this isn’t the road-going version. The revised aero is a dead giveaway, with that giant front splitter jutting out like a swollen lip and a massive rear wing protruding from the back. The headlights are different, it’s got center-lock wheels fitted at each corner and there’s a big snorkel air scoop protruding from the engine bay.

What’s clear is that this is test mule has definitely been set up for the race track. The only question is, to what end? Even with all the add-ons, it’s still nowhere near as extreme as the purpose-built prototypes that Audi, Toyota and Porsche will be fielding in the FIA World Endurance Championship this year, and it’s missing key features like the mandatory center tailfin. It could be a platform for testing components to use on an upcoming LMP1, but if not for the aforementioned Le Mans rumors, our money would have been on something else – be it a GT racing version of LaFerrari like Maserati did with the Enzo-based MC12, or a customer track toy to follow in the footsteps of the (also Enzo-based) FXX and the 599XX that followed.

We suppose we’ll find out soon enough, but one thing’s for sure: Ferrari isn’t working on this just for the heck of it, so expect something wicked this way to come within the next year or two.

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Watch how fans honored Michael Schumacher on his 45th birthday outside his hospital

Michael Schumacher's 45th birthday is celebrated by fans outside his hospital.

Michael Schumacher remains in a medically induced coma six days after a skiing accident in the French Alps. While the racing legend spent his 45th birthday in the hospital, listed in stable but critical condition, racing fans from all over Europe descended upon the clinic in which he lies in Grenoble, France, to pay their respects.

The event was arranged by Ferrari, the manufacturer with which Schumacher is most often associated after winning 72 individual races for the Italian marque between 1996 and 2006. In total, Schumacher won 91 races, stood on the podium 155 times and won seven F1 Driver’s Championships over the course of his illustrious 19-year career.

Schumacher’s family was deeply touched by the outpouring of support and has issued a short statement thanking Ferrari fans for their “incredible sympathies.” We’ve gathered a few videos together showing scenes of support from outside the hospital, and you can see them, along with the family’s official statement, below.

In related news, USA Today reports that a helmet camera worn by Schumacher at the time of his accident has been provided by his family to French investigators. No further news conferences are planned before Monday.

3.1.2014

Message from Michael’s family

We are overwhelmed!
The incredible sympathies shown today by the Ferrari Fans outside the hospital has utterly overwhelmed us and moved us all to tears. We are deeply grateful for it and also for all the heartwarming and heartfelt wishes for Michael to get well soon, which have reached us from all over the world.

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Having been there, Road & Track editor offers thoughts on Schumacher’s recovery odds

Updates on the current condition of Michael Schumacher remain few and far between, but at last word, the seven-time Formula One World Champion is still in a medically induced coma due to an epidural hematoma he suffered as a result of his recent ski accident. Robin Warner (above), road test editor at Road & Track, suffered a similar head trauma following a 38-foot fall during an SRT Viper vs. Mercedes-Benz SLS AMG photo shoot last February.

Having fully recovered from injuries that sound very similar to those Schumacher is dealing with right now, Warner tells his remarkable story of recovery in a bid to give hope to family and fans of the Formula One champion. Head on over to Road & Track for the whole story, and keep Schumacher in your thoughts and prayers.

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Having been there, Road & Track editor offers thoughts on Schumacher’s recovery odds
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