Autoblog

With the 2007 season of Formula One racing now neatly tied up, the last few remaining seats for next year are filling up fast.

Following Mercedes' release of Fernando Alonso from his contract with McLaren and his earlier reported letter of intent with Renault where he won his two world titles, Alonso looks all but completely assured to be leaving McLaren a season early. That leaves McLaren with an open seat, and few available drivers to fill it.

The question no one seems to be asking is who will fill Alonso's seat at the British team next year. Never shying away from the difficult questions, Autoblog looks at the different options available for McLaren for 2008. Follow the jump to read more.

[Photo: Mark Thompson/Getty]

Click above to view the high-resolution image gallery

For those who like their meat rare and red, news has come of the most scrumptious slab of automotive prime rib. At its upcoming event in Maranello, RM Auctions will be putting up on the block one of the rarest and most valuable Ferraris in existence: the one-of-a-kind 1962 Ferrari 330 TRI/LM Testa Rossa.

The car that Phill Hill and Olivier Gendebien drove to victory at Le Mans in '62 has an estimated value between $8-10 million. Not only was it the last Testa Rossa ever built, but it was the only one to feature a 4-liter engine. As if the pedigree were not enough, Hill and Gendebien chalked up their third Le Mans win with this car .

Canada-based RM Auctions is collaborating with Sothebys and Ferrari to hold the "Leggenda e Passione" auction at the Ferrari headquarters in Maranello outside Modena, Italy, on May 20. In addition to the rare Testa Rossa, RM will also be auctioning off a number of other historic Ferraris, including a 1970 512 S, 1953 340 MM, 1966 Dino 206 SP, 1987 F40 Prototipo and an F310B monoposto that Schumacher drove in the 1997 F1 season, in addition to a wide variety of racing memorabilia from the Ferrari factory vaults. For collectors and observers alike, the sale of these historic items should itself be an historic event.

Check out the images of the rare Ferraris in the high-resolution gallery below, and all the juicy details in the press release after the jump.

[Source: RM Auctions]