Thursday, January 19, 2017

Hennessey Venom GT - Sold Out

Some consider the Hennessey Venom GT to be the fastest production car in the world. It was able to achieve a top speed of 270.49 mph on a runway a couple of years ago, and set the Guinness world record for quickest car from 0-300 km/h. But its top speed run was never made official, so the Bugatti Veyron SuperSport remained the official title holder.
Hennessey sold 12 of its $1.2 million Venom GTs in its six-year production run. But now, the era of the Venom GT has ended. Hennessey Performance unveiled the final Venom GT today. It has already been sold.
Like all other GTs, it's powered by a 7.0-liter twin turbo LS7 V8 that produces 1451 horsepower, and weighs just 2743 pounds.

Wednesday, January 18, 2017

Supercar Carnage

Wreckage of a Ferrari Enzo that crashed on the Pacific Coast Highway in 2006.

Eddie Griffin crashed his Ferrari Enzo at the Redline "Race For A Cause" charity car race at the Irwindale Speedway.

Japanese police officers inspecting damaged Ferrari sports cars on the Chugoku highway in 2011

Wreckage of a Ferrari driven by Ling Jihua, 23 the son of a top presidential aide. He died in the crash, which was covered up and caused a political scandal.

A 27-year-old driver crashed his $1.2 million McLaren P1 near Dallas last week — less than 24 hours after he picked it up.

A Ferrari 250 GT Spider (about $ 10m) didn't survive a hurricane very well.

Bugatti Veyron. ($1.6m) video captured the driver crashing into a lake. It is believed to be a case of insurance fraud.

Tuesday, January 17, 2017

Celebrity Cars on the Auction Block

Tom Selleck was the star of the Magnum P.I. television series (1980 - 1988) and his signature car was the Ferrari 308 GTS, which was upgraded as the series evolved. This 1984 Ferrari 308 GTS QV is one of the cars driven by Selleck during the 1984-1985 shooting season.

The official estimate of $150,000 to $250,000 is thought to be polite. If you can buy it for anything like those figures, it's a pure gold investment.
Famous for his role as crime boss Tony Soprano in The Sopranos, James Gandolfini has sold several cars at auction that demonstrate his popularity with much-higher-than-book-value prices. As his personal car, this one might surprise.

Known as the "Bada Bing," this customized 1972 Oldsmobile 442 Convertible was shipped to California as his personal wheels during the filming of The Sopranos. The car will sell without reserve.
Teen heart-throb Justin Bieber is offering his customized 2011 Ferrari 458 Italia F1 Edition. How much his star status will add to the value of the car is a mystery.

Unlike most Barrett-Jackson offerings, there is a reserve on the car. It will be interesting to see if anyone agrees with his perceptions of its worth.
The official estimate for this car characterizes the sale, $500k to $ 3m. Three decades ago, Lennon's famous gypsy Rolls-Royce was once one of the most valuable cars ever sold. His pop culture gravitas might make this car very valuable, or it may not, as the 230SL was produced in large numbers.
The Hennessey Venom GT Spyder is a very special car. The mid-engined twin turbo 427ci (7.0 liter) V8 produces 1,244 hp, and has been timed at 265.6 mph (427.4 km/h). Aerosmith lead singer Steven Tyler ordered the first one at a cost of $1.1 million in 2012. The four-time Grammy winner is selling the car to benefit charity. It has no reserve and will reveal the value of Tyler's fame. Sadly, it won't reveal how a 68-year-old can retain so much hair.

Monday, January 16, 2017

Best Investment Automobiles

Hagerty is the largest insurance provider for vintage cars in the United States and knows its classic cars. Here are a few of Hagerty's top picks.
If you can get your hands on an Enzo it's only going to appreciate.
When Ferrari names a car after its founder you know it has to be something special. And the Enzo absolutely was. This carbon fiber supercar cost $659,430 new, but now it fetches more than $2 million. A total of 399 were built for sale and a 400th was built and donated to the Vatican to be auctioned off for charity. It made $6.05 million

A 6.0-liter V-12 provides 650 proud Italian horses. The car could hit 60 mph in 3.3 seconds and blast through the quarter mile in 11.2 seconds. Carbon ceramic brakes provided stopping power. Most of this is standard on supercars today, but it was groundbreaking stuff 14 years ago.
1970 Plymouth Superbird ($233,000) The Plymouth Superbird is one of the rarest and most specialized cars of the muscle car era. Production estimates range from 1,920 to nearly 3,000. Based on the Road Runner, only 135 were sold for street duty with the 425-horsepower, 426-cubic inch Hemi V-8. The other cars had the 440-cubic-inch V-8.
2007-'11 Porsche 911 GT3 RS ($180,000) The Porsche 911 is a special car and the 911 GT3 RS is a very special car.

The first version got a 415-horsepower 3.6-liter flat-6, while the 2010 model received a 450-horse 3.8-liter flat-6. Prices were in the $132,000 range then, and now they're $180,000 and climbing. A third GT3 RS was offered for 2012. It was the GT3 RS 4.0 with 500 horsepower. If you can find one, buy it, you can't go wrong.
1968-'70 Dodge Charger. Hagerty sees a five-year high in interest in the 1968-'70 Dodge Charger. A 225-cubic inch slant-6 was offered, but all of the other engines were V-8s, including the 425-horsepower 426 Hemi and the 375-horse 440. Charger R/Ts had the 440, dual exhaust, heavy duty suspension, and Bumblebee stripes. The most famous of this era is the General Lee, a 1969 Charger from the TV show 'The Dukes of Hazzard.'

Sunday, January 15, 2017

Porsche 550 Spyder

The Porsche 550 was a racing sports car produced by Porsche from 1953-1956. The first three hand built prototypes came in a coupé with a removable hardtop. The first raced as a roadster at the Nurburgring Eifel Race in May 1953 winning its first race.
Perhaps the most famous of the first 90 Porsche 550's built was James Dean's "Little Bastard", numbered 130 (VIN 550-0055), which Dean fatally crashed on September 30, 1955.
The Porsche team raced the 550 with outstanding success.
In 2012 a 1955 Porsche 550/1500 RS Spyder sold for $3.685 million at Amelia Island setting a new record price. Advertised as "one of the most genuine 550s in existence" at least two bidders agreed. Pre-auction estimate for the 550 Spyder was $2.2-$2.6 million.
The 550 is among the most frequently reproduced classic automobiles.
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Saturday, January 14, 2017

4 Porsche Supercars Offered at Amelia Island

A collection of four Porsche supercars will be offered for sale at the 2017 Gooding and Company Amelia Island auction, to be held Friday, March 10th in Florida. The offerings include a Porsche 911 GT1 Strassenversion, Porsche 964 Turbo S Leichtbau, Porsche 997 GT2 RS and Porsche 997 GT3 RS 4.0.
Only 20 911 GT1 Strassenversions were built for road use, and all were pre-sold to Porsche’s top clients. With over 530 hp, the GT1 Strassenversion offered world-class performance, and spectacular aerodynamic bodywork built from exotic composite materials.

Delivered new in Germany, the 911 GT1 has less than 5,000 miles on the clock.

Friday, January 13, 2017

New Dodge Demon

Hellcat, Dodge's 707-hp supercharged V8 and shining star of muscle car ideals is rumoured to be the starting point for a modern version of the Dodge Demon.

In addition to the 275hp 340ci engine producing 340lb-ft of torque, the 1971 Demon 340 was equipped with a synchronized floor-shifted 3-speed manual transmission, dual exhaust, all-wheel drum brakes, a Sure-Grip differential, and wide-tread tires wrapped around 14-inch wheels. A special high-performance Rallye suspension was standard.
Equipped with a 275hp 340ci engine, the Demon gave its big block-equipped competitors a run for their money thanks to lower weight. By 1972, the Demon had proved to be less popular than expected, but Dodge continued on with the model through the 1972 model year. A decrease in power didn't help popularity and the Demon was in trouble at the end of the 1972 model year. Adding injury to insult, many Christian groups were still after Dodge for the car’s nameplate and subsequent cartoon devil logo, some even going so far as to protest against the car as well as the Dodge brand.
Details are scant but the car will likely be revealed at the 2017 New York Auto Show

Thursday, January 12, 2017

World's most Expensive Cars at Auction

1957 Ferrari 335 S Spider Scaglietti
One of the rarest Ferraris in existence became one of the most expensive cars ever sold at auction. Price tag: £25 million, or about $36 million. Only four of the 1957 Ferrari 335 S Spider Scaglietti were made.

Auction house Artcurial Motorcars put the vehicle on the block during its annual Retromobile sale in Paris in February.

A 4.1-litre V12 engine gives the car 400 horsepower, enabling it to reach a top speed of 190 miles per hour—unheard of at the time.
The car won the Cuban Grand Prix in 1958, finished second in the Mille Miglia, and set a lap record at Le Mans during its racing career, having been driven by the likes of Stirling Moss and Mike Hawthorn.

1962 Ferrari 250 GTO. Price: $38.1m. 39 were built.

1954 Mercedes W196. Price: $29.6m.

1967 Ferrari 275 GTB/4*S NART Spider. Price: $27.5m

1964 Ferrari 275 GTB/C Speciale. Price: $26.4m.

1961 Ferrari 250 GT SWB California Spider. Price: $18.5m.

1954 Ferrari 375-Plus Spider Competizione. Price: $18.4m

1957 Ferrari 250 Testa Rossa Price: $16.4m.

1961 Ferrari 250 GT SWB California Spider. Price: $15.2m.

1964 Ferrari 250 LM Price: $14.3m

1953 Jaguar C-Type Works Lightweight $13,200,000 – 2015

1953 Ferrari 240/375 MM Berlinetta ‘Competizione’ $12,812,800.

1956 Ferrari 250 GT LWB Berlinetta - $12,402,500