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Totaled Ferrari Dino sculpture sold for $250k

How much would you pay for a Dino? Although this sub-brand was supposed to offer lower-cost alternatives to more expensive Ferraris, a 246 GTS model with "chairs and flares" can fetch big bucks. The later, more angular 308 GT4 is less desirable, but the one above just sold for $250,000. Oh, and it's a complete wreck - an absolute write-off, as you can see. So how did it fetch a quarter million when it wouldn't be worth that much in pristine condition? Because this is art.
"Objet trouvé", to be specific, the French term for a common object elevated to a work of art. That's the way it ended up displayed by celebrated French artist Bertrand Lavier and the Galerie Yvon Lambert at the Foire Internationale d'Art Contemporain (FIAC) art fair at the Grand Palais in Paris last week, where an unnamed Turkish collector paid the landmark price. Let's hope he's not planning on restoring it, because it's apparently worth more totaled.

Ferrari vs. Ferrari: Cut convertibles unloved by collectors?

The New York Times' Wheels blog has a really interesting story on a pair of Ferraris that are set to be auctioned off in Monterey during the Pebble Beach Concours d'Elegance. While the two cars are similar on the surface, their differing histories and Ferrari's attitude towards one of them has led to a sort of experimental auction process.
On the one hand, we have one of ten 1967 275 GTB/4 NART Spiders, in the classic Rosso Corsa and appearing at RM Auctions and seen above. On the other, we have a Fly Yellow version that started life as a 1965 275 GTB Coupe, and was converted into a NART Spider. Called a "cut" car, this particular replica is one of about 100 GTB Coupes that were converted into convertibles to satiate the climbing demand for ultra-rare Spiders.
This will mark one of the first times that an original NART Spider will go toe to toe with a replica of itself at auction, and will answer a number of questions about just how important provenance is in the collector car world. Head on over to The Times blog for the full story.

Meet the man that discovered and restored the oldest existing Porsche

Luciano Rupolo is an absolutely fascinating gentleman. He was born in France but spent nearly his entire life in Italy as an auto mechanic running his own shop. His grandfather and father instilled a love of sports cars in him that he carried on by historic racing in Italy for decades. He saw his life-long automotive passion repaid when he found and restored the car that might have been the first Porsche registered for the road.
You can spot in his garage a split-window Corvette, Ferrari 250 GTE and other exotics, but Rupolo's most interesting automotive story concerns his Iso Grifo Competizione (pictured above). The sports coupe was found in the Canary Islands as little more than a shell, but Rupolo got help from a prestigious source for its restoration. The result is a motoring masterpiece.
Rupolo is a fantastic storyteller with a captivating, tale to tell. Settle in, scroll down and watch the bittersweet documentary about his life with one of the first Porsches.