Tag Archives: Ferrari

News

Ferrari cars can be paid in cryptocurrency

When the first cryptocurrency, Bitcoin, was created in 2009, few believed that it would survive. Today, there are hundreds of different cryptocurrencies on the market, and many still think they have no future. However, Ferrari has announced that buyers in America will be able to pay for their cars in cryptocurrency.

Why did Ferrari choose this option? “Paying in cryptocurrency will help the Maranello-based manufacturer reach people who are not necessarily buyers of our brand, but who can afford a Ferrari,” said Enrico Galliera, director of sales and marketing at Ferrari.

Buying a car with cryptocurrency is not new, and Ferrari decided to make this move after customer demands. The Italian manufacturer of sports cars has reached an agreement with BitPay through which purchases of new Ferraris will be made in Bitcoins, Ethers or USDC.

BitPay will convert the payment into traditional currency at the time of transaction to avoid problems with exchange rate fluctuations. America will not be the only market where customers will have this option, as from next year, customers in Europe will also be able to do so.

Of course, Ferrari will not limit this payment option only to Europe and America, because soon customers in other markets will also be able to use it.

Source: Ferrari

Auctions

2003 Ferrari 360 Modena is up for auction

In 1999, Ferrari introduced a new sporty two-seater as the successor to the Ferrari F355, the Ferrari 360. It was produced until 2004, in two body types: Berlinetta (Modena) and Spider, and 16,365 units left the assembly line. One of them, a 2003 Ferrari 360 Modena is up for auction.

360 Modena is powered by a mid-mounted 3.6-liter Tipo F131 V8 engine with a factory output of 395 hp (290 kW) and 275 lb-ft (373 Nm) of torque. Power is sent to the rear wheels via a six-speed manual transmission and a limited-slip differential. The car is mounted on 18″ two-piece BBS alloy wheels wrapped in 215/45 front and 275/40 rear Bridgestone Potenza tires.

This car is finished in Rosso Corsa, well maintained and in good condition with only 8,514 miles on the odometer. It is equipped with an aluminum body, xenon headlights, Scuderia Ferrari fender shields, a body-color rear grille, side air intakes, quad exhaust outlets exiting through the rear fascia, and cross-drilled and ventilated rotors at each corner. At the beginning of 2023, a service was performed, which included changing the oil, flushing the coolant and brake fluid, and replacing the transaxle fluid, timing belts and tensioner pulleys, and spark plugs.

Inside, power-adjustable seats are upholstered in beige leather that also covers the door panels and the lower part of the dashboard, and there are also color-coordinated carpets. Additional equipment includes a gated shifter, aluminum pedals, a Kenwood stereo, and automatic climate control.

The car has a clean Carfax report that shows no accidents or other damage. It comes with partial service records, a car cover, and a clean Ohio title.

The auction ends on October 16 and the highest bid at the time of writing was $105,000 USD.

Source: Bring a Trailer

Gallery:

2003 Ferrari 360 Modena is up for auction
Auctions

1963 Ferrari 250 GT/L Berlinetta Lusso is up for auction

In 1962, Ferrari introduced a car that is considered one of the most elegant Ferraris, the Ferrari 250 GT (also known as the 250 GT/L or Luso). It was produced until 1964 and only 351 units left the production lines. One of them, a 1963 Ferrari 250 GT/L Berlinetta Lusso is up for auction.

This 250 GT/L is finished in Grigio Notte and is in good condition. In 2014, the car was restored by JD Classics of Maldon, Essex, which included rebuilding the engine and installing a new timing chain, pistons, rings, main bearings, and exhaust valves, while the crankshaft was reground. It has a steel body manufactured by Carrozzeria Scaglietti, while the doors, boot lid, and bonnet are made of aluminum. This model is the first Ferrari with a small integrated spoiler and Kammback rear.

Inside, the seats are covered in quilted red leather that also covers the door panels, the center console and a parcel shelf behind the seats, matched with the red carpet.

Under the hood is a 3.0L Colombo V12 engine with 240 hp (180 kW) at 7,500 rpm and 178 lb-ft (242 Nm) of torque at 5,500 rpm. Power is sent to the rear wheels via a 4-speed manual transmission. It reaches 62 mph (100 km/h) in 7 to 8 seconds with a top speed of 150 mph (240 km/h).

JD Classics inspected and cleaned the front and rear suspension and brake systems to period standards. The entire restoration process was documented and the owner began the process of applying for Ferrari Classiche certification.

The auction will take place on November 4 and the estimated value of the car is between £1,250,000 – £1,500,000 GBP.

Source: RM Sotheby’s

Gallery:

1963 Ferrari 250 GT/L Berlinetta Lusso is up for auction