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How much would you pay for a Dino? Although this sub-brand was supposed to offer lower-cost alternatives to more expensive Ferraris, a 246 GTS model with "chairs and flares" can fetch big bucks. The later, more angular 308 GT4 is less desirable, but the one above just sold for $250,000. Oh, and it's a complete wreck – an absolute write-off, as you can see. So how did it fetch a quarter million when it wouldn't be worth that much in pristine condition? Because this is art.

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Ferrari at Concours d'Elegance - Click above for high-res image gallery

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It's been photographed for months and referred to alternately as Dino and F149, but for now at least, the newest stallion from Maranello goes by the generic moniker, Ferrari GT. Today, the automaker launched www.ferrarigtcountdown.com where the car will be gradually revealed during the runup to the Paris Motor Show this September. Ferrari promises to feed us technical details, sound files and photos of the car between now and Paris. Right now you can see a few teaser images and hear the engine s

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At last month's Geneva Motor Show, Ferrari president Luca di Montezemolo surprised the industry by revealing that his company would be coming to the Paris Motor Show in October with a new model. Widely anticipated to be the oft-refuted new "entry-level" Ferrari, dubbed tentatively as the Dino or 430 GT California, the test mule has been spotted repeatedly making its way around any of the three circuits that the company owns in Italy.

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Ferrari officials have supposedly confirmed that their new mini-model is coming to the Paris Motor Show this fall and in keeping with the company line, it won't be sporting a "Dino" badge when it's unveiled.

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As Ferraris have achieved progressively higher performance, the automotive world has been rife with speculation about a new, smaller model from Maranello. All the while, Ferrari has continuously thrown cold water on the idea, saying that such a new model would push production volumes beyond where the company wants to go. Never content to let official denials ruin the party, auto writers continue to press ahead.

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It is official, at least from the pages of Car magazine: Ferrari's we-aren't-building-a-Dino Dino will appear at the Geneva Auto Show in March of '08. It arose from a stillborn Maserati that was to be a companion to the Granturismo. Maserati couldn't afford to make it, so the project became the Dino.

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During Ferrari's press conference in Detroit this January, the Italian stallions will be pulling the wraps of a new 2+2 coupe-cabriolet, complete with a folding hardtop.

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click above image for high-res gallery of Ferrari Dino spy shots

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Looks like we'll be seeing the F430 Challenge Stradale at Frankfurt. Ferrari Chairman Luca Cordero di Montezemolo basically told reporters as much at the Geneva auto show. The model that will debut in Frankfurt is an evolution of the F430, which is expected to be more powerful and lighter than the current coupe through the use of F1 engineering and technology. This will follow the pattern Ferrari set with the 360 series, when a Challenge racecar was built off that platform, then a street version

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Click for gallery

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Speculation about a so-called "cheap" Ferrari, slotted under the F430, has been circulating for some time and during last week's LA Auto Show, one of the presenters at the Ferrari booth sought to squash those rumblings.

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