Ferrari 599 HGTE

Million-Dollar Ferraris and More at Gooding & Co. Auction in Arizona

Filed under: Luxury Cars & Autos, Auctions

It's not every day that a car like the Ferrari FXX Evoluzione goes up for auction. Or a Maserati MC12. Or a Ferrari F40, F50 or 333 SP, for that matter. But these and more are set to cross the auction block in a star-studded line-up presented by Gooding & Company.

The collection of the late Benny Caiola includes the aforementioned FXX (estimated at $2.2-2.5 million), MC12 ($1.1-1.4 million), 333 SP ($800,000-1 million), F40 ($475,000-550,000) and F50 ($750,000-850,000), along with an F430 Challenge race car ($125,000 - $150,000) and 430 Scuderia ($215,000-240,000), 599 HGTE ($275,000-315,000) and 1973 Ferrari Dino ($160,000-180,000) plus a Mercedes-Benz SLR McLaren Roadster ($240,000-325,000) and Lamborghini Gallardo LP 560-4 ($175,000-225,000) for good measure.

The most notable (and valuable) of the collection, the FXX and MC12 are both based on the iconic Ferrari Enzo supercar, but optimized for performance on the race track, while the 333 SP was the last Le Mans Prototype ever built by Ferrari. It's a rare collection to be sure, one that promises to bring in upwards of $7 million in sales when the auction kicks off on January 21 in Scottsdale, Arizona.

Gallery: The Caiola Collection - Gooding & Company

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Unique Porcelain-finish Ferrari 599 China Special Raises $1.77 Million at Charity Auction

by Noah Joseph (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

Ferraris are particularly enticing purchases for the wealthy, but special Ferraris have proven themselves even more attractive to those with the means. Case in point this one-of-a-kind 599 GTB Fiorano which was hand-painted by Chinese artist Lu Hao on the pattern of the sought-after Ge Liln porcelain from the Song Dynasty. This unique example on which we reported last month is based on the limited-edition 599 China special, and was auctioned on Tuesday for the princely sum of $1.77 million to an unnamed collector in Shanghai. Proceeds go towards scholarships opportunities for Chinese automotive engineering students to continue their studies in Italy, along with a handful of other Ferrari memorabilia under the watchful eyes of the legendary Michael Schumacher, Ferrari executives and faculty from the beneficiary institutes.

Gallery: Hand-Painted Ferrari 599 China Special by Lu Hao

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Ferrari to Auction Off Unique Hand-Painted 599 China Special in Beijing

by Noah Joseph (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions, Charity

A Ferrari's a coveted object. A limited edition Ferrari even more so. But a one-of-a-kind Ferrari is another ballgame altogether. The path to the unique creation you see here passed through all those phases, and then some.

The Italian exotic automaker recently updated its flagship 599 GTB Fiorano supercar with the Handling GT Evoluzione package and took its dynamic performance to another level. But for the Chinese market, Ferrari unveiled a limited run of 12 special editions, with unique design touches carried out by Chinese artist Lu Hao. And of those 12, one has been made even rarer.

The artist has taken this solitary example and hand painted a greenish pearl white pattern reminiscent of the coveted Ge Liln porcelain of the Song dynasty. It's the only one of its kind to be made, and will be auctioned off for charity at a special event to be held in Beijing on November 3, where one collector/benefactor will drive away in this most special of special editions.

Gallery: Hand-Painted Ferrari 599 China Special by Lu Hao

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Ferrari 599 HGTE Package Now Available from Your Local Dealership

by Noah Joseph (RSS feed) —

Filed under: Luxury Cars & Autos

Exotic automakers are constantly tweaking and fine-tuning their products to stay ahead of the competition. Just look at recent examples like the Lamborghini Gallardo Valentino Balboni edition or Pagani Zonda Cinque Roadster. But if you've already got one in your garage, you'll have to pony up all over again to get the new version...if you can get your hands on one. Ferrari, on the other hand, has taken a different approach with its revised 599 HGTE. Upgrading on the existing 599 GTB Fiorano, the HGTE package was unveiled at the Geneva auto salon just a few months ago bearing a host of improvements to the car's performance, handling and styling. But rather than leave its existing owners in a cloud of exhaust smoke and burnt rubber, Ferrari has announced that it is making the HGTE package available to existing owners of its premier V12 supercar.

Launching first in the UK, the HGTE package – complete with comprehensively revised suspension, grippier wheels and tires, a new exhaust system and more – can be had for £17,213 (about $28k in American greenbacks). For owners of newer models equipped with Ferrari's F1-derived sequential gearbox, an upgrade to the throttle response and transmission shift times is also available for an extra £2490. The kit can be installed by any certified local Ferrari dealer, and the only thing which the factory-equipped version gets that the upgrade package lacks is the interior trim kit.

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Ferrari Debuts Tweaked 599 HGTE in Geneva

by Noah Joseph (RSS feed) —

Filed under: Luxury Cars & Autos

It doesn't get much better than the Ferrari 599 GTB Fiorano. It's got the engine from the Enzo supercar in a package more suited towards everyday driving and is widely regarded as one of the most dynamic vehicles on the road. But Ferrari didn't get where it is today by sitting on their fine-leather laurels, and with that in mind the Italian sportscar company and racing team released a new package for the 599 called the Handling GT Evoluzione.

The tuned suspension on the 599 HGTE features stiffer springs, beefed-up roll bars and retuned magnetic viscosity shock absorbers, resulting in a lower ride height, complemented by new 20-inch split-five-spoke modular wheels wrapped in new tires. The advanced F1-derived transmission has also been updated, as has the exhaust system, while inside the cabin has been revised with leather, Alcantara suede and carbon fiber. No word on pricing, but considering that the existing 599 retails for over $300k, this is definately one of those "if you have to ask..." moments.

Gallery: Geneva 2009: Ferrari 599 HGTE