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288gto-mecum

By Andrew Nabors –  August 05, 2016

Award-Winning 1985 Ferrari 288 GTO heading to Monterey

If you find the electronic wizardry of the LaFerrari too complicated, allow us to take you back to a simpler time. Group B racing was one of the most popular (and deadly) forms of motorsport. Without restrictions on engine power, manufacturers turned their engineers loose to outdo each other. All Ferrari supercars in the last 3 decades have been inspired by the a contender in Group B racing, the 288 GTO. Engine size was limited for the class, so Ferrari chose a small V8 with two large turbochargers. Styling was inspired by the 308, but looks are the only similarity.Starting with a tube frame chassis, the engine is mounted north-south instead of the transverse layout of the 308 & 328. With a displacement of only 2.85L you might think it would be underpowered. But being small has the advantage of revving faster than the competition. Quickly able to awaken the turbos, the factory rated power is 400 hp and 366 lb-ft of torque. The body was fashioned of race-weight kevlar and fiberglass for a curb weight of only 2,555 lbs. Offering a power to weight ratio better than most modern performance cars, the 288 GTO was a dominating force in the racing world. A series of high-profile accidents proved Group B cars were overpowered, and the series was canceled at the end of 1986.With only 272 cars produced, the 288 GTO stands as the predecessor for the F40, F50, Enzo, and LaFerrari. Being certified by Ferrari Classiche, it has won awards at Concourso Italiano in Carmel and Concorso d’Eleganza in Italy. The odometer reads 11,980 kilometers (7,445 miles) which is incredible for the 31-year-old car. If you enjoy the art of analog driving, this race-ready GTO will be offered by Mecum Auctions as part of their primetime lineup on Saturday in Monterey.View Listing

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By Edward Jones –  February 05, 2016

Wrecked and Repaired Ferrari Enzo Sells For High Price

The legend is that Bo Stefan Eriksson crashed his Ferrari Enzo back in 2006, leaving the car pretty damaged. Luckily, the car was not damaged beyond repair and the wizards at Ferrari Technical Assistance Service brought the car back to life.Their team, after repairing the car to the point of Ferrari Classiche certification, added quite a few modern features on top of its new Nero Daytona Finish. These included: Satellite Navigation Bose Stereo System Reversing Camera Power Windows Rear Spoiler with “Enzo Script” Now, if you don't think a repaired Enzo like this wouldn't be worth a lot, you'd be sorely mistaken.RM Sotheby's had this Enzo, chassis 135564, cross their block at their Paris event this week and it went for an astounding €1,568,000, which translates to roughly $1,745,000 USD at the current exchange rate of publication. This price was right in between RM Sotheby's estimated price of $1,635,000 – $2,180,000 USD.Want an Enzo for yourself? Click the link below to see the multiple examples we currently have for sale.Ferrari Enzo For Sale 

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By Edward Jones –  December 11, 2015

1956 Ferrari 290 MM Sells For $28 Million

RM Sotheby's New York City auction, called "Driven by Disruption," was an absolute blockbuster of an event. Earlier we covered Janis Joplin's Porsche, which sold for $1.76 million. Now, I get to inform you of the auction's star of the night: a 1956 Ferrari 290 MM, built for Formula One driver Juan Manuel Fangio.After a spirited auction, the hammer down with a final bid of $28 million. According to RM Sotheby's Facebook post regarding this lot, the crowd reacted to the final bid with applause. What's more, the pre-auction estimate for the car was $28 million - spot on. Needless to say, their experts at RM Sotheby's know how to value their lots.This exact 290 MM was chassis #0626 and was one of four examples ever built. It was purchased by Temple Buell in New York in the spring of 1957. Buell then sold the car in 1958, and it continued to be raced up until 1964. After being owned by world-renowned Ferrari collector Pierre Bardinon for 34 years, it was then passed to a new owner, who had the car regularly maintained for 12 years.Now, the famed 290 MM is in the hands of a new owner and we wish them a fruitful ownership.Gallery (Source: RM Sotheby's)

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By Caitlin Duffy –  October 20, 2015

1956 Ferrari 290 MM by Scaglietti Could Sell For $28 Million

Ferraris fetching high prices at auctions may be part of an overall trend, but the numbers being shouted at the block continue to amaze each time.And, as it seems, RM Sotheby's Dec. 10 event in New York City, "Driven by Disruption," will be no exception. An extremely rare, historic and beautiful Ferrari is listed among their lots, offering up an unparalleled opportunity to own an undamaged piece of racing history.The 1956 Ferrari 290 MM by Scaglietti was crafted for one famous driver in particular, Argentinian five-time Formula One World Champion Juan Manuel Fangio Déramo. Chassis number 0626 with engine number 7, this particular Ferrari, as a release from the auction house describes, is one of the most significant ones to come from Maranello.“Driven by the greatest drivers of the 1950s and built for possibly THE greatest driver in history, this is a car with which Enzo Ferrari was personally involved and is a fundamental part of Ferrari folklore," describes RM Sotheby's Car Specialist Peter Wallman in the lot description.It was created for Fangio to drive during the 1956 Mille Miglia, a 1,000-mile race in which he and this model finished in fourth place despite grueling weather and intense rains. It was not one of the many cars that crashed during that race, and, in fact, has never crashed at all.Of course, just because it's never crashed doesn't mean it couldn't use a little sprucing up. It is, after all, nearly 60 years old, and a Ferrari of this stature demands the utmost care. It was recently restored and certified by the Ferrari Classiche department, and includes all relevant documentation, including the original Mille Miglia entry form.(See Also: LaFerrari Powerslides Out of a Roundabout)A car of this magnitude and quality will not go cheaply - in fact, it's estimated that the final bid could reach as high as $28 million, making it one of the most valuable Ferraris ever sold.Learn more about this listing from its official lot description on RM Sotheby's website, and stay with us to learn more about this auction opportunity. In the meantime, find yourself another one of Ferrari's creations from our exclusive listings.Ferraris For SaleGallery (Source: RM Sotheby's) See More Ferrari News

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