Categories: Picture of the dayRace and classic pictures

A beauty, a legend and a $28 million Christmas gift!

©Tim Scott, courtesy of RM Sotheby's

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©Tim Scott, courtesy of RM Sotheby's

We all know that a Ferrari of any type has it's DNA steeped in Formula 1. This outstanding 1956 290 MM was tailor-made for the great Juan Manuel Fangio. Fitted with a screaming 3.5-litre V-12 and bodywork by Scaglietti, it was powered to 5th by the great man in the 1956 Mille Miglia. It's impeccable condition, pedigree and the little bit of stardust that goes with anything Fangio related set back its new owner by a cool $28 million during an RM Sotheby's auction this week. Merry Christmas buddy!

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.