Some of you, including myself, have been anxiously awaiting the results of the recent auction in Monaco where the ARNO XI, the Ferrari-powered Hydroplane was offered.
Looking briefly at the results, this famous hydroplane sold for approx $1.1 million, slightly more than the low estimate. Some thought the boat might bring as much as $2 million. Some think the price realized might have been as much for the supercharged 375 V12 engine engine alone. I'm sure we'll learn more about this sale in due course.
http://www.rmauctions.com/FeatureCars.cfm?SaleCode=MC12&CarID=r307