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Ferrari 250 GTO heading to The Quail with no reserve

It's not every day that a Ferrari 250 GTO changes hands. It is, after all, one of the most highly coveted cars ever made, and there were only 39 of them built in the first place. So when one goes up for sale, it tends to fetch millions. Tens of millions, actually, and the prices keep escalating.
Throughout most of the 1980s they were trading hands for six figures. In 1989 one sold for $10 million. A few months later, $13 million. Prices fluctuated in the 90s, but by 2012, one sold for a whopping $35 million, eclipsed the following year at $52 million. Nobody knows what the next one will sell for, but we're about to find out.
That's because Bonhams has got one consigned for its upcoming auction at the Quail Lodge during Monterey weekend next month. And it's offering it without reserve, meaning that it could sell for the opening bid (however unlikely), it could break the previous record or it could land anywhere in between or beyond.

Scuderia Ferrari F138 unveiled in Maranello

This is the F138, the Formula One challenger that Ferrari CEO Luca de Montezemolo describes as "hopeful" and the eighth and final version of a Scuderia Ferrari Formula One car with a V8 engine - for now. The last digit in this car's name pays homage to that cylinder count, while the first two digits represent the year; next year the regulations will mandate 1.6-liter turbocharged V6s.
The Scuderia did well in pre-season testing last year but at the first race found itself almost two seconds down on the other top teams. With no significant changes to the regulations for 2013, Ferrari focused on weight loss, making components smaller and making the package more rigid, refining every aspect of a car that's essentially an evolution of last year's F2012. The front suspension has been redesigned for aero benefit, and the rear suspension is completely new. The front and rear wings are evolutions, and there's a new air intake design above the cockpit and redesigned intakes on the sidepods. The rear bodywork forms a much narrower package around the redesigned exhaust system, and the KERS is smaller and lighter.
Getting a jump on the 2014 car that will be a clean-sheet design under the new technical regime, Ferrari has integrated the spec TAG 320 electronic controller unit to this year's car. Forbidden from raising the power performance of the engine, the F1 team has worked on maintaining that performance over the three-race life of the engine. And yes, that's a vanity panel over the stepped nose in front.

Race Recap: 2013 Twelve Hours of Sebring, cakewalk up front, grindfest out back [w/spoilers]

This year's 12 Hours of Sebring wasn't exactly a foregone conclusion because we're still talking about racing, and anything can happen when the speeds are as high as the adrenaline and the desire. But we're still talking about Audi bringing it's two top-spec racers - and its huge budget and its nearly neurotic attention to detail - to a race that it uses as a test bed for The 24 Hours of Le Mans and as a way to open the endurance racing season with a victory.
Besides, 12 hours is a long time, especially at Sebring, and things didn't go all Audi's way. On top of that, although it was a pretty quiet race, behind the Audis things got even grimier, with plenty of battles, plenty of mechanical issues, and the new BMW Z4 GTE and Viper GTS-R being race tested. Oh, and that brand new chromed-out DeltaWing...