ferraris

Melissa Cronin · 11/07/15 10:54AM

The government of Spain, in a desperate effort to sell two Ferraris given as gifts to former King Juan Carlos, received a single bid for the cars on Saturday. At less than half of the price of 350,000 euros ($400,000) for each car, the sale did not go through, and officials have yet to say what will happen to the cars. What’s a government to do with a pair of unwanted Ferraris these days?

Jerry's New Weekend Hangout

cityfile · 07/28/08 11:03AM

The Monticello Motor Club opens this weekend, where for a mere $125,000 initiation fee (plus $7,500 in annual dues), you can speed around a private racetrack in your Ferrari or Lamborghini at 180 MPH without worrying about hassles from the state troopers. Sound like the sort of silly concept hatched during the boom days of 2005? That's exactly what it is, says the Times, adding that despite the tanking economy, almost all the "founding memberships" are spoken for. (Porsche addict Jerry Seinfeld, not surprisingly, has already reserved a spot.) And what do you get for your six-figure fee? In addition to 200 days of track use every year, members gain access to the club's "exotic selection" of cars, can book a session at the spa on the premises (a massage might be nice after smashing into a guard rail), and also have access to "onsite emergency medical support." (We're guessing the latter is one amenity that Jessica Seinfeld is hoping her husband doesn't take advantage of.) Pics of this little haven for boys and their pricey little toys after the jump.