An extremely rare Ferrari 250 GTO which had a £6,000 price tag when it was manufactured in 1963 has been sold for more than £20m ($31m).

This 1963 model – number 5095 – is believed to have been sold by British businessman Jon Hunt, who bought it in 2008 for a then world record £15.7million.

This makes the Ferrari classic sportscar, second most expensive car in the world today, and definitely the most expensive in Great Britain.

Vertu has unveiled the Constellation Quest Ferrari, a luxury smartphone inspired by the Ferrari 458 Italia sports car.

The most striking feature of the product is the iconic Cavallino Rampante, intrinsically crafted from polished stainless steel and embedded in the titanium battery cover. The Ferrari logo is embossed in the leather on the front of the handset.

The luxury handset is meticulously crafted from the most luxurious of materials such as polished sapphire crystal, Ferrari calf leather and polished black ceramic.

Tod’s has teamed up with Italian automaker Ferrari to create the Tod’s for Ferrari lineup which includes this red iPad 2 case.

The Ferrari iPad case is embellished with a discreet and iconic Prancing Horse stamped on the front cover.

Ferrari has teamed up with Logic3, the long-time PC accessory and speaker manufacturer, to produce an exclusive collection of audio products.

The Ferrari by Logic3 collection comprises a range of earphones, headphones and speakerdocks that celebrate Ferrari’s excellence, flair, performance and design.

Two collections were created between Ferrari and Logic3, the Cavallino Collection and the Scuderia Ferrari Collection.

This Ferrari 360 Modena limousine was created by cutting a regular 360 Modena in half and adding seats in the middle to provide interior room for eight people.

There is one large flat screen on-board plus several smaller screens set into the head rests. It also has a state of the art sound system and fibre optic disco lighting.

Estimated at £250,000 ($390,000), this is the fastest limousine in the world – it can hit a top speed of 166 mph.

French artisan Philippe Pasqua has unveiled his latest work of art: a Ferrari F430 that’s been covered in skin-colored leather and exquisitely tattooed.

For all car enthusiasts, this one-off creation shall be on display at the Galerie Laurent Strouk, Paris around the middle of January 2012.