Ferrari lovers take note: Ferrari 288 GTO to be auctioned in Monterey

11 August, 2016

 

One of the best Ferrari sports cars ever produced — the Ferrari GTO — was a 2.8-litre twin-turbo V8 400hp gem, based on a steel tube-frame chassis dripping in carbon-fibre panels. Desirable yes, and now for sale. Mecum Auctions in Monterey have an 11,000km example for sale during their August 18–20 auction period, with optioned air conditioning, stereo, and power windows! Sound like the car for you? Of course it does, who wouldn’t want one — however, you’ll need up to US$3 million.

It seems pricey, but if you’ve got the money it would be a fantastic investment. Just five years ago, a similar example sold for US$650K. This example features certification from Ferrari’s in-house certifier and restorer, known as the Ferrari Classiche, to prove its authenticity. 

Now, all I have to do is check in between my couch cushions for the required moolah to purchase this ’80s bad boy! 

Images: Mecum Auctions

Project Adder – an MGB with bite

Bill and Rae Denize have been active MG Car Club members in Wellington for nearly 32 years. They have held a variety of positions on the club committee, and now that they are both retired, they can be even more involved in the club’s activities. Bill is currently the president of the MG Car Club, Wellington Centre.
The list of cars they’ve owned over the years is testament to their passion for the brand. It includes a 1972 Midget — the round rear-wheel arch model with 1275cc motor; a three-door 2004 MG ZR; a 2005 MG ZR (five-door); and Rae’s 2005 MG TF, which they still own. Bill also raced a 1967 Morris Mini Cooper S at Manfeild for many years. That car featured in an article in the January 2013 issue of this magazine.
In April 2013, Bill sold the Cooper S and decided to buy a low mileage, freshly imported MG RV8 from Japan. He liked the idea as there were only 1983 built in the early 1990s, which, hopefully, would translate into these cars holding their value. More importantly, their bodies were galvanised, which meant fewer rust problems, although Bill and Rae didn’t escape encounters with oxidation unscathed.