An extremely rare example of Ferrari’s legendary 250 GTO from 1963 is being offered for private treaty sale by RM Auctions.

The car, chassis no. 4675 GT, is one of only 36 250 GTOs originally produced and one of a limited few with Series II GTO bodywork.

“The Ferrari GTO is unquestionably one of the most iconic and coveted cars in the world,” notes Max Girardo, Managing Director of RM Europe.

Ferrari is expected to reveal a hybrid version of the 599 GTB during the 2010 Geneva International Motor Show in March.

The car should use a system based on lithium-ion batteries and an electric motor, both of which are respectively placed on either side of the rear transaxle.

Overall a reduction of about 35% in fuel consumption (equivalent to about 17 litres per 100km) will be achieved.

This Blackbird Rider Carbon Fiber Travel Guitar is the brainchild of Joe Luttwak, a designer who spent some time working for Ferrari in Maranello.

Based on Blackbird Guitars’ high-performance Rider travel guitar, it is the first instrument fit for the Ferrari namesake.

The Ferrari version of the carbon fiber guitar sports a red A string, a Maranello Red interior, and is finished off with a Scuderia emblem on the head.

A one-off Ferrari on which we reported last month has been auctioned off for $1.77 million, including taxes.

The Ferrari 599 China was snapped up by an anonymous, silent auction participant based in Shanghai.

The one-off Fiorano was hand painted by Chinese artist Lu Hao with a pattern reminiscent of the sought-after Ge Liln porcelain of the Song Dynasty.

If you happened to watch this weekend’s Formula 1 race set in Abu Dhabi, you may have seen a giant red structure with a huge Ferrari emblem on the roof.

It’s called Ferrari World Abu Dhabi and as you can guess, is an engineering and architectural masterpiece dedicated to the wondrous world of all things Ferrari.

Ferrari World is set to be the world’s largest indoor theme park and the first ever Ferrari theme park in the world when it opens in 2010.

To pay homage to the Ferrari F430, German tuners Novitec Rosso took a 430 Scuderia and made it into quite a beast.

With the help of Bi-compressor power output is increased to an impressive 747 horsepower (hence the name).

A special two-tone matte paint job, a host of interior modifications and new rolling stock mounted to an upgraded suspension round out the package.