1953 Timossi-Ferrari 'Arno XI' Racing Hydroplane,
Built by Timossi Azzano’s Cantieri boatyard on Lake Como, Italy,
Steel, Marine-grade Wood and Mahogany,
245″ x 97,24″
Silvano Maggi, the Owner ©Courtesy of RM Auctions
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1953 Timossi-Ferrari 'Arno XI' Racing Hydroplane,
Built by Timossi Azzano’s Cantieri boatyard on Lake Como, Italy,
Steel, Marine-grade Wood and Mahogany,
245″ x 97,24″
Silvano Maggi, the Owner ©Courtesy of RM Auctions

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The 1953 Timossi-Ferrari 'Arno XI' Racing Hydroplane, fitted with an original Ferrari Tipo 375 F1 V-12 with twin superchargers engine. Photo by Henry Thibault.
A video of the boat in action can be viewed here.
RC Ferrari Arno XI could be the only Ferrari the masses can afford
A Ferrari is a thing of beauty, this cannot be denied. This is an Italian supercar that would cost you an arm and a leg to own, and then some. Not only that, many of the classic Ferrari models have become so expensive, to own one would mean you have long arrived on the scene of the rich and famous, and need not worry about money for the rest of ... http://dlvr.it/7M6jSq