Limited Edition

New Ferrari 488 GT Modificata is a limited edition track days-only supercar

The 488 GT Modificata is the newest addition to the Ferrari lineup.

Photo courtesy of Ferrari

The new, limited edition Ferrari 488 GT Modificata takes its technology from the 288 GT3 and 488 GTE, the pushes to achieve its full athletic potential. That potential is exclusively for use during track days and at Ferrari Club Competizioni GT events.

The Ferrari 488 GT Modificata takes its name from the Ferrari jargon meaning better performance. It takes its prowess from the genes of the 488 GT3 and the 488 GTE. It also has new technologies, mainly linked to the powertrain, that are no longer limited by the FIA Balance of Performance.

Ferrari 488 GT Modificata

Ferrari 488 GT Modificata

Photo courtesy of Ferrari

The 488 GTE competes in the World Endurance Championship. Ferrari calls the 488 GT3 the "queen of GT racing". The 488 GT3 has delivered 350 wins and 630 podiums at national and international races as well as the FIA World Endurance Championship Drivers', Teams' and Manufacturers' titles. The 488 GTE has won the 24 Hours of Le Mans and the Petit Le Mans. Ferrari tuned the new model at the Nordschleife.

It's powered by a twin-turbo V8 that delivers 690 horsepower. Ferrari says that it does all that by utilizing new high-performance mapping that doesn't compromise the car's predicted reliability. The car's gearbox is available with different transmission ratios. The clutch is made of carbon fiber.

Ferrari has given the car unique high-downforce aerodynamics that shift the position of the car forward. This positioning generates higher downforce without increasing drag, allowing the model to be more efficient than its racing counterparts. The car has downforce of over 2,204 pounds at 142 mph.

The car's body is made almost entirely of carbon fiber. It has an aluminum roof and uprights.

Ferrari has given the 488 GT Modificata the 488 GTW's suspension. The braking system was developed in partnership with Brembo and features low residual torque calipers that are fitted to world championship cars. Its antilock brake system comes from the 488 GT3 Evo 2020, with specific settings.

Each model comes standard with a V-Boz acquisition system, which combines with Bosch's telemetry data acquisition system and allows data to be downloaded directly onto a USB stick.

A high-resolution rearview camera is also standard.

Customers will be able to nearly fully customize their 488 GT Modificata. It will initially only be for drivers who, in recent years, have participated in Competizioni GT with Ferrari or Club Competizioni GT.

The 488 GT Modificata will be admitted to Club Competizioni GT events. In 2021, customers will have the chance to participate in five events at tracks including Virginia International Raceway, Monza, Watkins Glen, Suzuka, Nurburgring, and Finali Mondiali.

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The Z06 isn't on sale yet, but it's already raising money for charities.

Chevrolet

Just a couple years ago, the Chevrolet Corvette got a major overhaul that completely changed its design, personality, and performance. The car moved to a mid-engine layout for the first time, and its V8 produces thundering performance at a reasonable price. As it has always done with the Corvette, Chevy's laying out special editions for the car, and one of the first in the new generation will be the 2023 Corvette Z06. An early Z06 sold at a Barrett-Jackson auction this weekend to raise money for charity, and the final dollar amount crested the $1 million mark.

2023 Chevrolet Corvette Z06The car raised $1 million at the Palm Beach Auction. Chevrolet

The car crossed the block at the Palm Beach Auction, which took place on April 9. It's the first production model of the car, which builds on the mid-engine eighth-generation Corvette. It's powered by a 670-horsepower 5.5-liter flat plane-crank V8, which sends its power to the rear wheels through an eight-speed dual-clutch automatic transmission. The engine revs much higher than a standard V8 and features a distinct sound. Chevy says the Z06's engine offers the most horsepower of any naturally aspirated V8 on sale.

2023 Chevrolet Corvette Z06Rick Hendrick was the winning bidder for the car. 2023 Chevrolet Corvette Z06

The car's $1 million price tag raised money for the Thurgood Marshall College Fund. The organization supports training of educators at Historically Black Colleges and Universities (HBCU) and Predominantly Black Institutions (PBI). This auction, together with the first retail version of the car auctioned earlier this year, brings the Corvette's total charity haul to $4.6 million in 2022.

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This 2020 Ford GT drew over $1 million at the auction.

Mecum

The world may be going through some tough times right now, but you'd never know it looking at auto auction results. One of the largest, Mecum, just reported sales from the auctions it held in Arizona last week, and the results are astonishing. Mecum says it took in $66.3 million in sales, which is a big increase over the previous year's auctions. Attendance was also up, and the event was packed with high-dollar, desirable vehicles.

Mecum Arizona AuctionHow about a 1967 Ferrari for a little over $3 million?Mecum

Mecum says that private collection sales generated $20 million of the $66.3 million, as some brought dozens of vehicles to participate in the auction. The Hooked on Vettes Collection, for example, brought 13 cars and sold every one of them. It even sold a load of neon signs for well over a million dollars.

The top ten vehicles sold at auction drew big dollars. A few include:

  • 1967 Ferrari 275 GTB/4: $3,025,000
  • 1929 Duesenberg Model J Murphy Convertible Coupe: $2,365,000
  • 2005 Porsche Carrera GT: $2,200,000
  • 2020 Ford GT: $1,100,000
  • 2017 Lamborghini Aventador LP700-4 Roadster: $698,500

Mecum Arizona AuctionThere was even a Duesenberg, which sold for almost $2.4 million.Mecum

If you've got money to burn and you're sad to have missed out on the Arizona auction, your next shot will be at the end of this month when Mecum hits Houston with 1,100 vehicles. The flagship Mecum auction in Indianapolis takes place in mid-May, and will feature 3,000 cars.

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