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1948 Ferrari Sets Record as Broad Arrow Celebrates First European Auction at Villa d'Este
1948 Ferrari Sets Record as Broad Arrow Celebrates First European Auction at Villa d'Este

Yahoo

time30-05-2025

  • Automotive
  • Yahoo

1948 Ferrari Sets Record as Broad Arrow Celebrates First European Auction at Villa d'Este

⚡️ Read the full article on Motorious Broad Arrow Auctions achieved a historic milestone at its inaugural European sale this past weekend, held during the prestigious Concorso d'Eleganza Villa d'Este. Headlining the event was a 1948 Ferrari 166 Spyder Corsa, which shattered auction records for the model, selling for an astonishing €7,543,750. The sale, conducted over two days at Villa Erba, marked Broad Arrow's debut on the European stage and its first as the official auction partner of BMW AG. The event drew global attention both in person and online, with more than 8,000 viewers tuning in via Broad Arrow's livestream. In total, 78 percent of lots found new owners, generating a sales total of €31,172,625, including post-auction transactions. 'This sale was not only a commercial success, but a historic one,' said Joe Twyman, VP of Sales for Broad Arrow's EMEA region. 'The setting, the cars, and the energy in the room all came together in spectacular fashion.' The record-setting 1948 Ferrari—believed to be one of the most original examples of the early Spyder Corsa models—was previously never offered for public sale. With Mille Miglia and Targa Florio provenance, the car captivated bidders worldwide, eventually selling after a spirited round of telephone bids. Additional highlights included a 2003 Honda NSX-R that realized €934,375—setting a new auction record for the model—alongside a €2,312,500 result for a 1989 Ferrari F40 Competizione. A rare 1980 BMW M1 built to Procar specification also achieved €602,500 during the BMW-exclusive segment of the auction. Kenneth Ahn, President of Broad Arrow, reflected on the weekend's success: 'This extraordinary debut on the shores of Lake Como underscores our commitment to global growth. We are honored by the support from collectors, our partners at BMW AG, and the Concorso d'Eleganza Villa d'Este.' Broad Arrow's next auction is slated for August 13–14 at the Monterey Jet Center in California, where it will once again present a premier selection of collector cars in conjunction with Motorlux.

Historic 1948 Ferrari 166 Spyder Corsa Set for Broad Arrow Auctions
Historic 1948 Ferrari 166 Spyder Corsa Set for Broad Arrow Auctions

Yahoo

time20-03-2025

  • Automotive
  • Yahoo

Historic 1948 Ferrari 166 Spyder Corsa Set for Broad Arrow Auctions

⚡️ Read the full article on Motorious An extraordinarily rare 1948 Ferrari 166 Spyder Corsa, considered among the most historically significant and original examples in existence, will soon cross the auction block at the prestigious Concorso d'Eleganza Villa d'Este. Bearing chassis number 004 C, this Spyder Corsa is one of Ferrari's earliest customer competition cars. The Ansaloni-bodied model retains its original components, including the handmade aluminum bodywork, chassis, 2.0-liter Colombo V12 engine, and rare five-speed racing transmission. Marque expert Marcel Massini and Ferrari's Classiche certification confirm its unmatched originality. Chassis 004 C was initially delivered to Italian aristocrat and amateur racer Soave Besana in March 1948. Soon after delivery, it entered the renowned Targa Florio, finishing sixth overall. The car also competed in other iconic events including the 1948 and 1949 Mille Miglia, as well as numerous Formula Two races and hill climbs throughout Europe. After its competitive years concluded, 004 C eventually made its way to France, remaining largely unused until American automotive historian Stan Nowak discovered it in the mid-1960s. It was soon acquired by prominent collector Henry Austin Clark Jr., who meticulously restored it. Remarkably, the Ferrari remained within the Clark family for 50 years—from 1965 until 2015—achieving numerous awards and accolades, including a podium finish at the 2004 Pebble Beach Concours d'Elegance and multiple Cavallino Classic honors. Never before offered publicly, this iconic Ferrari has consistently captivated enthusiasts for its purity and historic significance. Auction house RM Sotheby's estimates its value between €5.5 million and €7.5 million, reflecting its exceptional provenance and rarity. As one of only two 166 Spyder Corsas initially purchased by the Besana brothers, and among the few surviving models from Ferrari's foundational years, chassis number 004 C provides collectors with an unprecedented opportunity to own a piece of automotive history. Its forthcoming auction at Villa d'Este will surely draw significant interest from international collectors eager to acquire a car emblematic of Ferrari's earliest racing endeavors.

Ferrari's 12Cilindri Spider Is a Sensory Experience
Ferrari's 12Cilindri Spider Is a Sensory Experience

Yahoo

time24-02-2025

  • Automotive
  • Yahoo

Ferrari's 12Cilindri Spider Is a Sensory Experience

"Everything else is a derivation," Enzo Ferrari once said of his original V-12. Eighty years ago, Il Commendatore and Gioacchino Colombo conceived the first Ferrari V-12 engine and in 1947 put the 125 Spyder Corsa on the road. Today, the 2025 12Cilindri Spider harks back to Ferrari's grand-touring roots and its front-engine, V-12 soul. The 12Cilindri Spider is a first-quarter opening salvo in what's shaping up to be a pivotal year in the brand's storied history. The company will introduce six products, including its first EV in October. Meanwhile, F1 fans count the days until the Australian Grand Prix for a glimpse of Lewis Hamilton in the Scuderia Ferrari paddock. Hamilton, like Enzo, has effortless cool, an attitude that makes modern Ferrari feel distinct from the competition. Arriving on the precipice of an expanded electrified portfolio, the 12Cilindri Spider features a naturally aspirated front-mounted 6.5-liter V-12 engine that is an internal-combustion coda to Ferrari engine lore and a delicious guilty pleasure. The operatic engine note, experienced unfiltered in the open air, is the Spider's reason for being. For the Ferraristi, driving is a provocative sensory experience. For the 12Cilindri Spider, creating that experience was the assignment. "I'm getting emotional," said Ferrari designer Andrea Militello, only half-joking. Militello is head of sport design projects for Ferrari and participated in a panel discussion with his engineering and product planning colleagues the night before our coastal drive. Militello explained how the engineers, designers, and test drivers work side by side. "The final design of the car, it transmits something that we can't describe with words" he said. "It's something that happens in the guts." The 12Cilindri Spider's look references the 1969 365GTS/4, the famed Daytona Spider styled by Leonardo Fioravanti of Pininfarina. You can see the classic proportions in the long, clamshell-shaped hood and the set-back cabin. The modern car's contours and surfaces are tucked and shaped in sympathy with the front end and carefully frame the large 21-inch wheels. The A-pillars are swept back dramatically, and flying buttresses fade from the headrests into the rear decklid. The Spider is meant to be savored outside in the elements, and so we traveled to Cascais, Portugal, for our drive. There, we found a half-dozen Spiders in Verde Toscana, a gemstone green hue that sparkled in the sunshine. For this car, Ferrari says it started with the "gentleman driver" in mind. What that driver is looking for in a Ferrari is defined by Raffaele de Simone, Ferrari's chief development driver, who was there to walk us through the ins and outs of the driving setup. De Simone paused to listen as we brought the 12Cilindri Spider engine to life with a tap of the haptic button on the center of the steering wheel. He let the sonic drama sink in. "Bellissimo! It sounds like music," he said. De Simone recommended the 1600-watt Burmester audio system's Live setting (others include Pure, Comfort, and 3D Surround) as an accompaniment to the V-12's engine note. Live produces a full-on concert experience in the way the sound is distributed through the speakers. It's one of the more impressive systems we've tried, balancing the audio sound with the engine note even with the top down. Act one of the 12Cilindri Spider opera was underway as we warmed up the tires on Portuguese coastal roads that were made for King Luís I of Portugal's court in the 19th century. For the unfiltered experience, we turned off the ADAS with the touch-sensitive button. The haptic-touch buttons and sliders are a bit fussy but became more intuitive over eight hours of driving. The 10.3-inch center infotainment screen and 8.8-inch passenger's display are low-key compared to the Purosangue's more digitally based cockpit. A violent windstorm had left the pavement sand-swept, and the 12Cilindri's little wiggles in the turns were a thrilling reminder of its rear-wheel drive and V-12 power in action. Soon the roads opened up, and we pursued the engine's delightful 9500-rpm crescendo. We cycled through high notes, trying out the various driving modes, reveling in the palpable feedback of 819 horsepower as the eight-speed dual-clutch transmission worked its silky magic. Top down, the Spider magnified the V-12's glory. On public roads, we never saw the claimed 211-mph top speed—same as the coupe's—but 60 mph comes quickly at an estimated 2.8 seconds, and the four tailpipes served as trumpets for those we left in the dust. On-the-money steering and confidence-inspiring carbon-ceramic brakes checked boxes on a GT-car wish list. The suspension's magnetorheological dampers produced a smooth ride on bumpy concrete, a welcome bonus. The neck-level heat vents and the retractable center window between the headrests kept the cabin serene and let us settle in to focus on the driving dynamics. In third and fourth gear, Ferrari now does electronic torque shaping, like it's done previously on turbocharged models, to keep the rising crescendo of power linear, a move the company claims doesn't slow acceleration. Later, we closed the retractable hardtop, a quick 14-second maneuver—raising or lowering the roof can be done when the car is in motion at speeds up to 28 mph, a fun party trick to deploy with the touch of a center switch. Top up or down, 12Cilindri Spider satisfies all five senses. You Might Also Like Car and Driver's 10 Best Cars through the Decades How to Buy or Lease a New Car Lightning Lap Legends: Chevrolet Camaro vs. Ford Mustang!

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