A Famed Ferrari-Powered Raceboat Hits the Auction Block

During its Monaco sale taking place May 11 and 12—to coincide with the Grand Prix de Monaco Historique—RM Auctions will offer up one of the most famous racing boats ever built. Wanting to create the world’s fastest watercraft, Italian speedboat racer and designer Achille Castoldi completed the Arno XI hydroplaning raceboat in 1953 after convincing carmaker Enzo Ferrari to provide technical and design insight—not to mention a 4,500 cc V-12 powerhouse similar to the one that led Ferrari to its first Grand Prix world championship two years earlier.

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