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Paul Fraser Collectibles -
We need hardly remind readers of the constant draw of the Ferrari brand - especially with a Ferrari 250 GTO selling for $31.6m earlier this month, making it the second most expensive car ever sold.
However, the vehicle which has just been announced as being a part of an upcoming Monaco auction, (May 11-12) whilst legendary, is a little different.
The remarkable consignment is the famous Hydroplane racing boat, ARNO XI, which comes complete with a Ferrari engine.
A unique piece of history, ARNO XI was first conceived of by Achille Castoldi, who wanted to set a water-speed world record. In the years of 1952-3, Castoldi convinced Enzo Ferrari to assist, and a 12-cylinder, 4,500 cc V-12 Ferrari engine (identical to that used to ensure Ferrari's first ever Grand Prix victory in 1951) was installed, assisted by twin superchargers.
In 1953 it set a world speed record for an 800kg boat on Lake Iseo in northern Italy (241.70 km/h or 150.19 mph ) - in fact so triumphant was the boat's performance that the record still stands.
Nando dell'Orto then used it for racing, with great success.
Posted via http://maritime-news.posterous.com Maritime-News posterous
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