Archive for category Ferrari Magazine

World’s Most Expensive Ferrari Bought by British Radio DJ

After taking over from the ever popular Terry Wogan, Chris Evans increased the weekly listeners to over 9.5 million, the largest radio audience in the UK on his BBC Radio 2 morning slot, beating Wogan by nearly 2 million. He must have figured the best way to celebrate was to buy a vintage 1963 Ferrari 250 GTO for an astounding 12 million. The Ginger haired Radio mogul has a large garage of classic and modern Ferraris, with his splurge more than doubling the 5 million he spent on a 250 GT SWB California Spyder last year.

The 250 GTO is extremely rare and considered the ‘holy grail’ by collectors and classic car experts. Editor of ‘Classic Cars Magazine’, Phil Bell, said he was not surprised at the price Evans paid for the Ferrari. Only 36 of the 250 GTOs were ever made and only three in this body style, they were worth 6,000 when new in 1963.

Evan’s car is capable of accelerating from 0-60 mph in 6.1 seconds and has a top speed of 174 mph. The car was so highly prized by Enzo Ferrari, who founded the firm, that he personally approved each buyer. It was raced a lot when it was new, especially in Italy and came second in a Spa 500km race in 1964, a piece of history that makes it more valuable. It was then bought by ex-racing driver David Piper who raced it himself before being sold to a collector in Japan.

Classic cars are becoming more and more collectable as their value has been increasing for some years and has seen a huge boost since 2000; however it is often difficult to value the rarest cars as they tend to change hands behind closed doors. Read the rest of this entry »

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Ferrari 458 – The Newest Ferrari is Announced

In 1973 Ferrari introduced the first of a long line of V8 road cars. This initial model was called a Dino, after Ferrari’s late son. The Dino 308GT4 was the precursor of the newest Ferrari the 458 Italia.

Ferrari has a long history of naming car models for various features of the particular car. Sometimes it related to the cubic centimeter capacity of a single cylinder and other times to the seating capacity.

The 458 Italia derives its name both from its displacement of 4.499 liters rounded to 4.5 and its engine being a V8. The name differs a little from the last two models the 360 and 430 which both reflected a 3.6 liter and 4.3 liter engine.

This latest version is truly a masterpiece. Just examine some of its specifications. As mentioned, a 4.5 liter engine but this produces 570 horsepower at 9,000 rpm, a speed that would destroy the typical car engine. 398 lbs/ft torque at 6,000 rpm. Boasting a 12.5 compression ratio this is an awesome engine that will drive the 3,042 sports car to 202 miles per hour.

“The 458 Italia is designed for owners for whom the priority is uncompromising on-road performance with occasional track day capability, but who still demand a car that is useable in day-to-day driving like all Ferrari’s recent models.” This is according to the September Pilota magazine produced by the Ferrari Owners Club.

This particular car benefits from the company’s Formula One racing experience. It is show in the technological features along with the strong emphasis of an almost symbiotic relationship between driver and car. Read the rest of this entry »

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