Even long-time admirers of Enzo Ferrari's sleek, red roadsters might be surprised to learn that he also lent his expertise to create what is still, nearly 60 years later, the fastest raceboat in its class, the one-of-a-kind ARNO XI hydroplane. Developed in 1952 by wealthy Italian industrialist Achille Castoldi and Ferrari Grand Prix racers Alberto Ascari and Luigi Villoresi, the speedy craft, propelled by a 4500cc V12, handily won the world speed record the following year. Now, carefully restored to its original condition, the ARNO XI will soon go at auction to the highest bidder - an honor that's estimated to cost the buyer a cool US$2 million (or more)!.. Continue Reading World record-winning Ferrari racing boat to go on the auction block this spring

Section: On the Water

Tags: Auction, Boats, Ferrari, Grand Prix, Hydroplane, Racing

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