Tag Archives: Ferrari

Ferrari 335 Scaglietti Sells for $35 million

Ferrari stock may be experiencing volatility but the Prancing Horse continues to rise above expectations at auction, with the latest being a 1957 335 S Spider Scaglietti which sold for $35 million. The price is a world record for a racing car sold at auction.

Press reports state that applause literally broke out after the hammer came down on the bidding for the 1957 Scag at the Artcurial auction house just off the Champs-Elysees, Paris, last Friday, February 5.

The world was watching the sale with great interest, especially since Bonhams was also offering significant Ferrari models (amongst others) last week. That sale was nothing to write home about, as far as Ferrari models are concerned, with the 1966 275 GTB Berlinetta selling for roughly $2.29 million. Nevertheless, expectations for a cooling-off in Ferrari auction prices has not yet been met. The race car sold by Artcurial fetched 28 million euros, plus premiums and taxes taking the overall price to just above 32 million euros ($35 million).

For those keeping track, note that this result also beats last year’s top selling Ferrari at auction, the 1956 Ferrari 290 MM Spider, which sold for about $28 million.

The Spider Scag actually beat the record set in 2014 when a 1962 Ferrari 250 GTO sold for what was the equivalent of 28.9 million euros. The new most-expensive-ever Scag has a peerless pedigree, having finished sixth in the Sebring 12 Hours race in 1957, driven by British racer Peter Collins and his French partner Maurice Trintignant, and second in the Mille Miglia 1,000-mile (1,600-kilometre) road race in Italy, with Wolfgang von Trips driving. Yes this is the actual Scag that accomplished all that, not merely a similar model. Well, the same car but with some tweaks…

After the Mille Miglia, the car was returned to the factory to have its engine size boosted from 3.6 to 4.1-liters, boosting available horses from 360 to 400, allowing a top speed of 300 kilometres an hour (186 mph). This was in 1957 mind you.

The Scag enabled Enzo Ferrari’s outfit to win the Constructors’ World Championship title in 1957.

The identity of the purchaser of the Spider was not revealed following Friday’s deal but is US-based, according to Matthieu Lamoure, director general of Artcurial motorcars.

“Clearly, we won’t soon forget,” Lamoure told journalists after the hammer came down on the record sale, bidding having started at 20 million euros.

The sleek machine had belonged to the family collection of late French racing driver Pierre Bardinon, who died in 2012.

Legendary British driver Mike Hawthorn drove the Spider in the Le Mans 24-hour race in 1957 and Sir Stirling Moss won the 1958 Cuba Grand Prix with it.

Ferrari Berlinetta Drives to Top Lot at Bonhams

British auction house Bonhams is gearing up for the sale of classic cars and motorbikes at the Grand Palais museum this Thursday, February 4. In its sixth year, the auction is expected to fetch millions of dollars where German and Italian models may garner the highest bids. Listed with the highest valuation as the top lot is the 1966 Ferrari 275 GTB Berlinetta. Those looking to own a model that was developed closely by Enzo Ferrari himself can expect to begin their bid at $2.7 million.

Bonhams-ferrari-1990-F40

1990 Ferrari F40 Berlinetta

Joining the Ferrari, is the Mercedes- Benz CLK GTR Coupé from 2000 ($2 million), a 1990 Ferrari F40 Berlinetta ($1 million), a 1955 Lancia Aurelia B24 Spider with a hardtop ($980,000), a 2005 Porsche Carrera GT ($870,000), and a 1937 Alfa Romeo 6C 2300B Berlinette ($810,000).

Bonhams-Alfa-Romeo-1962

1962 Alfa Romeo Giulietta SZ2 Coda Tronca Coupé

Next in line comes a 1962 Alfa Romeo Giulietta SZ2 Coda Tronca Coupé ($650,000 to €870,000), then a 1961 Aston Martin DB4 Series IV Coupé ($487,000 to $700,000), a 1961 Alfa Romeo Giulietta SZ Berlinette Coda Ronda ($490,000 to $700,000) and a 2002 Ferrari 550 Barchetta Pininfarina ($490,000 to $600,000).

Among other curiosities, auction-goers will have the chance to bid for a 1967 Citroën DS21 Cabriolet Le Caddy ($270,000 to $380,000) and a 1971 Mercedes 280 SE 3.5l Coupé once owned by Lino Ventura ($98,000 to $130,000).

A total of 250 lots will be up for auction, with 133 cars and 54 motorbikes, including 18 rare Italian motorbikes from the Stockholm Motorbike Museum in Sweden. All of the vehicles for sale will be on show at the Grand Palais exhibition center in Paris on Wednesday, February 3, from 9 am to 5:30 pm and on Thursday, February 4, from 9 am.

The Bonhams auction is being held at the Grand Palais, Paris, on Thursday, February 4, 2016. Visit the Bonhams official website for more information.

Ferrari California T Handling Speciale Preview

The new Ferrari California T Handling Speciale is only due for its official coming out party at the Geneva motor show March 1 but it is already in our sights. This is probably because of reports coming out of CES in Las Vegas about a Ferrari California loaner made available for some journalists. The AFP also has this report about what to expect in the new HS version of the California so enjoy the extended sneak here.

According to the press release from the Prancing Horse, the California’s present suspension setup has been overhauled, new springs developed, shock absorbers addressed, transmission reprogrammed and a new exhaust added in the pursuit of making the car more driver focused.

Like all cars sporting the Ferrari emblem, the standard California T is no slouch. It eats up the 0-100km/h test in 3.6 seconds, metal folding roof up or down, and tops out at 315km/h. That means that in a straight line, there is not much out there in the cabriolet class, with a 2+2 seating arrangement, that can pass it.

Famously, the California was conceived in the Grand Tourer or GT fashion rather than as a proper speed demon. Of course, it was aimed directly at clients on the west coast of the US. Like all GTs, it is a car for long, straight roads and – in the case of the California in particular – dappled by guaranteed sunshine. The smoothness of the ride quality is a priority, even in a muscular proposition like this. Even so, as The Verge reminds its readers, do not attempt to ferry a baby around in this car.

The AFP reports that the US continues to be Ferrari’s biggest single market, but in its most recent financial figures, published at the start of the year, Great Britain, a country famous for its twisty roads and infamous for its weather has cemented itself in third place, just behind China, a position it has held for much of this decade.

The HS option is designed therefore to put a smile on the faces of northern European drivers who are lucky if they ever get the chance to drive their California with the roof down. Well, you could wear a raincoat but you would definitely not be wearing a smile after such a ride. The HS reportedly sacrifices some ride smoothness in favor of better responsiveness and superior handling. This is particularly true when the steering wheel-mounted switch is in sport mode, which triggers enhanced rigidity, stiffness and reduced body roll.

The new exhaust system delivers a unique note that increases in intensity as the engine revs closer to the limit, ensuring the perfect soundtrack for traveling on the most twisting of canyon roads.

And to ensure the car’s looks match these performance changes, Ferrari has switched out the California’s front grille for something slightly more aggressive and has redefined the rear diffuser too. The exhaust pipes sport a matte finish and the center console carries a plaque warning passengers that this is the HS edition.

More details including pricing, will be announced at the Geneva Motor Show.

This report was compiled by in-house writers, in combination with a wire report and image from the AFP.

Ferrari prancing horse yellow on red logo

Ferrari Sells for $47: Split from Fiat Complete

The world’s most exclusive car brand is now available for public ownership. Ferrari listed January 5 on the Italian stock exchange, the Mercato Telematico Azionario (MTA), completing a long-announced split from parent group Fiat. For those counting, this means that the Prancing Horse is independent again, for the first time since 1969. Yes, Fiat Chrysler listed 10% of Ferrari on Wall Street in October last year but this listing on the MTA represents the divestment of the remaining 80% of the Maranello firm; press reports hold that the Agnelli family (Fiat bosses basically) still own 24% of Ferrari while Enzo Ferrari’s son Piero has a 10% stake. Trading ended at €43.46, up ever so slightly from the debut price of €43. This news caps an impressive season for this legend of the auto world, as we reported previously here.

Report: 6 Hottest Collector Cars 2016

In recent years the classic car market outpaced all expectations to the point where a classic Ferrari built between 1955 and 1965 is literally worth roughly its weight in gold. For reference, a 1956 Ferrari 290 MM Spider (pictured above) weighs about 900kg and the price of gold per kg is roughly $34,000 (market rates December 29), which will become important to note in a moment. While you do the math on that one, just know that while vintage cars with the prancing horse on their hoods continue to command the highest premiums at public and private sales, trends and tastes are starting to change.

According to US-based classic car valuations and insurance company Hagerty, the market is starting to slow down, but that’s hardly surprising. In the US alone, a new record – $1.45 billion – for classic car spending was set over the course of 2015. And, $28,050,000 of that was spent on just one car, a 1956 Ferrari 290 MM Spider (Image credit: Ferrari – Flickr – Stradablog (3) by Tino Rossini from Toronto, Canada – Ferrari. Licensed under CC BY 2.0 via Commons). That made it the most expensive car to fall under the hammer this calendar year, and the entire top 10 for 2015 are also classic Ferraris, accounting for over 10% of all money paid for classics and collectibles over the period.

The world is running out of Ferraris to sell, and as a new generation of car collector comes of age, a noticeable change is starting to occur. “The market is still growing, but at a slower rate than we have witnessed in the past three years,” said McKeel Hagerty, CEO of Hagerty. “The notable exception is rapid growth among younger buyers who have entered the market and are exercising their buying power by spending on the poster cars of their youth.”

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A Porsche 911 S 2,7 from 1974. ©Porsche

As a result, prices paid for mid-1970s-era Porsche 911s has jumped 154% over the last year. There has been a 98% surge in value for that 1980s and early 90s supercar icon, the Ferrari Testarossa made famous by Miami Vice even though beyond its extravagant looks, it was considered a terrible car to drive.

The TV influence continues with the 1975-1985 Ferrari 308 GTS, the car made famous by Tom Selleck in his role as Magnum PI, with prices up 69%. Even the Lamborghini Diablo (built right up until 2001) has seen a price increase of 65%.

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The actual 1986 Ferrari Testarossa used in TV show ‘Miami Vice’ ©William Stern, Courtesy of Mecum Auctions

“A new era of later model performance cars from instantly recognizable brands have irrefutably proven that the term ‘collector car’ is not synonymous with ‘old car’,” continues Hagerty.

Nowhere is this more evident than with the first edition Aston Martin DB9. Despite still being in production as recently as 2009, prices have jumped 141% since the start of 2015, meaning that only the Porsche 911 has surged more in value in recent months.

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A 1985 Ferrari 308 GTS Quattrovalve. ©Silverston Auctions

Hagerty’s data, which is based on auctions, private sales as well as its own insurance policies, also shows that there has been a 17% increase in clients adding classics from the 1980s onwards to their existing policies while fewer than 3% have added additional cars built before 1980.

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A 1994 Lamborghini Diablo VT. ©Lamborghini

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A late 2003 edition Aston Martin DB9. ©Aston Martin Lagonda

30 World Premieres at 2015 LA Auto Show

From supercars to SUVs, in all some 50 new vehicles are scheduled to make an appearance at this year’s Los Angeles Auto Show. For some, like the Jaguar F-Pace,  the show will mark a first glimpse on US shores, but for 30 of that number, including the Ferrari F12tdf, LA will be the venue for the car’s first-ever appearance anywhere in the world.

But despite its brand appeal, Ferrari will have to fight for attention. Porsche will be bringing a racetrack-ready version of its Cayman, the GT4 Clubsport, to this year’s show and Lamborghini is prepping a new, more dynamic version of its Huracan supercar.

For those who want supercar performance with extra comfort and elegance, Mercedes will be unveiling its latest generation SL coupé complete, as always with folding hard top, and although it’s yet to confirm or deny rumors, McLaren could be showing off its 570S Spider too.

SUVs and crossovers are also going to be huge draws at this year’s event, especially as the West Coast is the unofficial world capital of the offroader. Range Rover is bringing its Evoque convertible — the world’s first premium compact SUV drop top. It will be doing battle, so to speak, with the Cadillac XT5, a new crossover that proves US carmakers can do luxury as well as any European brand, while Infiniti will be taking the wraps off the production version of its sub-compact X30 premium crossover.

Moving up the scale, Mercedes will be debuting its GLS-Class uber-luxury seven-seat SUV, a car it’s marketing as an S-Class with better ground clearance, such are its comfort and technological capabilities.

At a special event ahead of the show’s press day on November 18, storied Italian marque Alfa Romeo will be honored and a precession of past classics and current models will be on show, making the event the perfect occasion to finally reveal the brand’s first SUV after nearly two years of teasing.

Away from new cars, there will also be a huge supply of new technology, new announcements and new strategies at this year’s show. The Connected Car Expo will be showcasing 100 of the brightest tech start-ups with designs on the future of personal mobility and Volvo will be showcasing something called the ‘Time Machine Concept,’ believed to be a raft of autonomous driving features that won’t allow drivers to correct past wrongs or check up on their children’s future career choices, but could save drivers a huge amount of time.

The 2015 LA Auto Show opens to the public from November 20-29.

1962 250GTO

Ten fast facts about Ferrari

As the legendary Italian supercar maker gets ready to race onto the New York Stock exchange Wednesday here are 10 things about the marque to help you test your knowledge.

The most expensive

1962 250GTO

To date, the most expensive Ferrari ever sold at auction – a 1962 250GTO (pictured) – is also the most expensive car of any shape or form to go under the hammer at $38.1 million. However, this December a 1956 Ferrari 290 MM once owned by Formula 1 legend Fangio is coming up for auction and it could well give the GTO a run for its money

The fastest

Mans Classic 2014 F40

The F40, (pictured) built to celebrate the company’s 40th anniversary in 1987, was the world’s first road-legal production car capable of breaking the 200mph barrier. Considered the greatest supercar of all time, it also proved one of the company’s most popular.

Despite being prohibitively expensive at $400,000 ($1 million in today’s money), Ferrari more than doubled initial production to 1311 examples.

The most powerful

2013 LaFerrari photo

The Ferrari LaFerrari is the company’s first hybrid hypercar and with an electric motor helping the 6.3-liter V12 work overtime, it has a combined output of 950bhp.

To put that into some perspective, the 308 GTB, the Ferrari made famous in the TV show ‘Magnum PI,’ only had 250bhp on tap.

The rarest

1962 Ferrari 250GT SWB Berlinetta Speciale

There are 32 Ferrari 250 GTOs out there, but there is one shark-nosed Bertone Ferrari 250 SWB Speciale, designed by Giorgetto Giugiaro, the man who would go on to pen everything from the Maserati Ghibli and Lotus Esprit to the VW Golf. It sold at auction in August for $16 million.

The most inspiring

1968 Ford GT40

Ferrari may be heading away from Fiat and onto the stock exchange, but if Enzo hadn’t called off the deal at the last moment, Ferrari might have been part of Ford instead. However, the snub was just what Ford needed to unlock its engineering genius and the Shelby Cobra, Daytona Coupé and of course the Ford GT 40, pictured, all exist thanks to Ferrari.

The last manual

Ferrari California

The first Ferrari with an automatic tranimission was the 400i and the last production Ferrari to offer a proper manual transmission was the first-generation California V8 convertible (pictured).

A car designed for boulevard cruising and wind in the hair driving. Only three owners out of thousands specified the stick shift. As a result, no new Ferrari will ever be offered with anything but paddle shifts.

The most influential

Ferrari Dino

In 1968 Ferrari unveiled a Ferrari that was a Ferrari in every way except two – it had six, rather than 12 cylinders, and it was called ‘Dino’ in honor of Enzo’s late son. It became an unexpected sensation and led to the introduction of a smaller, 6-cylinder and then 8-clyinder range of mid-engine sportscars that persists to this day with the 488 GTB.

The most secretive

Fiat Dino convertible

It looks like a Fiat, but underneath it’s a Ferrari. To homologize the Dino’s V6 engine for racing, Ferrari also gave the motor to Fiat to use in a coupe of its own. The result, the Fiat Dino Coupe and convertible (pictured), was just as stunning in terms of aesthetics and performance.

The most customized

Ferrari F12tdf photo

Since 2013, 100% of Ferraris to leave the production line have featured some form of bespoke, client-specified customization, whether it be a specially mixed paint color, an individual panel trim or something much more complex. Expect that trend to continue with the new F12tdf, pictured. To put that into some perspective, McLaren says that only 20% of its production models are built with some form of bespoke customization.

The most Apple-compatible

Ferrari FF World Premiere

As well as building some of the world’s fastest cars, Ferrari can also lay claim to being the first automotive brand to successfully bring Apple’s CarPlay hands-free smartphone system to market.

The technology, which mirrors a number of apps found on the iPhone including for navigation and music as well as text messages, made its global debut on the Ferrari FF – four seat, four-wheel drive GT.

1956 Mille Miglia Ferrari 290 MM

Ferrari built for Formula One legend to be auctioned off

1956 Mille Miglia Ferrari 290 MM

A  driven by five-time Formula One champion Juan Manuel Fangio, will be auctioned off in New York in December.

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The 1956 red Ferrari is “the Holy Grail for car collectors and aficionados the world over” and could go for more than $28 million, Sotheby’s auction house said ahead of its December 10 sale.

The car — Ferrari 290 MM, chassis 0626 — was specially built for Fangio, the legendary Argentinian driver who drove it in the 1956 Italian endurance race Mille Miglia, where he came in fourth.

Ferrari 290 MM

But the vehicle had a distinguished career of its own, later being driven by other celebrated racers, including Phil Hill, the only US-born Formula One champion. After it was retired from racing, the car was owned by French collector Pierre Bardinon before being purchased by its current owner.

“Driven by the greatest drivers of the 1950s and built for possibly the greatest driver in history, this is a car with which Enzo Ferrari was personally involved and is a fundamental part of Ferrari folklore,” Sotheby’s car specialist Peter Wallman said.

1956 Ferrari 290 MM

The auction house’s “Driven by Disruption” sale of cars and car-related memorabilia will also feature a blue Ferrari 500 Mondial built in 1955 and a psychedelic Porsche once owned by rock music legend Janis Joplin.

Ferrari Unveils Hardcore F12tdf Limited Edition Model

Ferrari F12tdf photo

The Italian car maker has unveiled the F12tdf, which is a tribute to the Tour de France automobile road race, which the brand dominated in the 1950s and ’60s with the 250 GT and 250 GTO.

Ferrari F12tdf

The F12tdf has a V12 with 780hp, directly derived from that of the current F12berlinetta which delivers only 740hp. It can accelerate from 0 to 100km/h in only 2.9 seconds (and it takes less than 8 seconds to get from 0 to 200km/h) and has a top speed of 340km/h.

Ferrari F12tdf motor

 says that this engine has been designed with advanced technology taken directly from Formula 1.

Ferrari F12tdf interior

Designed by the Ferrari Design Centre, this F12tdf stands out from the F12berlinetta with its complex front bumpers inspired here too by competitive driving, with small wings on the side and a new rear diffuser.

Ferrari F12tdf back

With a production of 799 units, the F12tdf will be officially unveiled at the Mugello circuit in Italy as part of the Ferrari Challenge World Finals on November 8, 2015. Its price tag has not yet been disclosed, but it will no doubt top the minimum price of 270,000 euros for the F12berlinetta.

Ferrari FF World Premiere

Apple CarPlay rolling out across Ferrari range

Ferrari FF World Premiere

Having added Apple CarPlay to its FF model and California T, Italian supercar firm Ferrari will be adding the iOS integration system across its range of high-performance sports cars.

Ferrari airplay

Next up in the marque’s CarPlay rollout will be the 488 GTB, 488 Spider and F12 Berlinetta.

Ferrari F12 Berlinetta 2015

The announcement was timed to coincide with the 2015 Frankfurt Motor Show, which runs September 17-27. The Ferrari FF and California T had adopted the standard at the Geneva International Motor Show in 2014.

Ferrari 488 Spider

Ferrari teases new 488 Spider supercar

Ferrari 488 Spider

The 488 Spider is the most powerful, technically advanced and aerodynamic V8 drop top in Ferrari’s history.

When Ferrari unveiled the 488GTB coupé in February, only one thing could have made it look more impressive — turning it into a convertible.

Six months later, at the height of the European summer, the Italian supercar builder has kindly obliged and the Ferrari 488 Spider is a reality.

Rather than fabric, Ferrari has gone for a retractable hard top for this particular model, which the company claims is actually lighter than a material cover. This hard top — which can go up or down in just 14 seconds and is therefore the slowest thing about this car — also means that the cabin will be quieter when the roof’s up, letting in less wind roar.

Ferrari has added a glass air-deflecting window behind the seats which can be raised or lowered. Even when the roof’s in place, this rear window can be dropped for ventilation and to hear that twin-turbo 660bhp V8 mid-mounted engine even more.

Ferrari 488 Spider interior

But Ferrari hasn’t simply cut the roof off the existing coupe version; the car has had to be significantly redesigned to be able to still deliver the same sorts of performance, thrills and spills as its solid-top brother.

The aerodynamics of a convertible are different, and the company has pulled out all of the technological stops to ensure the Spider offers the same responsiveness, agility and road-holding while dialing up the drama thanks to its drop top.

Ferrari claims that this is the most aerodynamically efficient Spider in its long and distinguished history and, as a result, it posts the same 0-100km/h time — 3 seconds — as the 488 GTB and a top speed of 203mph (326 km/h), yet, because it is a convertible, Ferrari has made the ride slightly softer, believing, quite rightly, that this is a car that will be spending more time on boulevards and autobahns than on closed circuits.

Ferrari 488 Spider side

However, it doesn’t mean that the car can’t perform when the time comes. With a throttle response time of just 0.8 seconds, there is virtually no turbo lag and, thanks to its set-up, the car is, in Ferrari’s words, “remarkably easy to drive on the limit,” even in more challenging conditions.

The Ferrari 488 Spider will be making its real-world debut at the Frankfurt motor show and the car is expected to go on sale in early 2016.

1962 Ferrari 250GT SWB Berlinetta Speciale

Unique Bertone-designed Ferrari could fetch $16 million

1962 Ferrari 250GT SWB Berlinetta Speciale

Too many classic cars that fall under the auctioneer’s hammer are described as historic and as being masterpieces in the accompanying catalogue. But in the case of this unique Ferrari there could no truer terms.

The car, a 1962 250 GT SWB Berlinetta Speciale, sports a shark-nose body built by legendary designer, Giorgetto Giugiaro under the guidance of his boss, Giuseppe “Nuccio” Bertone.

Nuccio Bertone never saw himself as a designer, but as the head of Carrozzeria Bertone — the design studio he managed until his death in 1997, he proved himself perhaps the world’s greatest design talent scout.

He unearthed and polished to perfection the abilities of Giorgetto Giugiaro and Marcello Gandini and under his wing, they developed some of the most beautiful, challenging and influential cars of the 20th century including the Lamborghini Miura and its follow-up the Countach, the Alfa Romeo Giulietta Sprint and the Lancia Stratos.

But despite the company’s success, Bertone was frustrated that the company was yet to design a Ferrari. In 1962 he took matters into his own hands, buying a 250GT SWB chassis from Ferrari and, with Giugiaro’s help, created the car that will go under the hammer at Gooding & Co’s Pebble Beach auction on August 15 and 16.

As well as the shark nose, the car’s exterior seamlessly integrated a number of racing-inspired design cues while inside, the cabin’s comfort and luxury were taken to another level. The seats were trimmed in leather, the steering wheel redesigned and the windows electrically operated.

Bertone kept the car as his personal run-around before selling it on a year later. And while it’s changed hands several times since, it has never before come up for auction.

What makes the auctioneers certain that this car is on the verge of fetching $16 million is the Giugiaro as much as the Bertone factor.

This was only the third car Giugiaro had ever had a hand in styling but he would go on to build up one of the most impressive portfolios of anyone in the automotive design world, full of everything from Alfas and Lamborghinis to the Lotus Esprit and the Volkswagen Golf, but only this one Ferrari.

As for Bertone, when the company finally got the chance to design for Ferrari, the Dino 208 GT4 was poorly received upon its debut in 1973 and Ferrari returned to Pininfarina for its replacement in 1980. A situation that Nuccio Bertone considered one of his greatest regrets in life.

Ferrari prancing horse yellow on red logo

Ferrari recalls 2,600 cars globally over airbags risk

Ferrari prancing horse yellow on red logo

Italy sports car giant  has recalled 2,600 cars globally because of a default in airbags supplied by Japanese company Takata.

“The issue is a possible production defect in a component inside the airbags, which were fitted to around 2,600 cars,” a Ferrari spokesman said.

The US National Highway Traffic Safety Administration said Friday that more than 800 of the cars were being recalled in North America.

The vehicles may be equipped with a driver-side airbag “that was improperly assembled” causing the airbag to deploy in a rotated orientation, the company reported earlier, saying there was a greater risk of injury.

“This issue is not related to the other recall made by other manufactures for Takata airbags,” the spokesman for the high-end Italian automaker said.

Ferrari’s problem with assembling the airbags comes amid a roiling scandal over defective Takata airbags, which have been linked to eight deaths and more than 100 injuries around the world.

Ten global automakers, including General Motors, Honda and Germany’s BMW, are recalling 34 million cars in the United States alone to replace the inflators — the biggest recall in US history.

1986 Ferrari Testarossa

‘Miami Vice’ Ferrari up for auction

1986 Ferrari Testarossa

The white 1986 Ferrari Testarossa used extensively in the classic 80s cop show will be going under the hammer at the Mecum Daytime Auction in Monterey this August.

The star of Miami Vice wasn’t Don Johnson, or Philip Michael Thomas, it was the bright white Ferrari Testarossa that the undercover cops raced through the streets on the trail of drug dealers and other miscreants.

Famously the car was black when it arrived on set but director and executive producer Michael Man decided to have it repainted white so that it could be seen clearly during night-time scenes – unwittingly sparking a trend for white supercars the process.

The Testarossa has been sitting in storage since the show finished in 1989 and was only unpacked earlier this year for a full engine-out service.

It has 16124 miles on the clock and has been authenticated by Ferrari Classiche, and while Mecum is yet to place an estimate on the car, a standard, immaculate Testarossa can easily fetch over $150000 at auction.

But for a car as iconic as this the figure could be 10 times higher.

Ferrari California T Tailor Made

A one-of-a-kind Ferrari California T at Goodwood

Ferrari California T Tailor Made

Ferrari has unveiled its special ‘Tailor Made’ California T it will bring to this year’s Goodwood Festival of Speed.

This highly-personalized right-hand drive Ferrari California T sports a Bianco Italia three-layer exterior paint job with a double-asymmetric stripe in Blu Hellen, along with 20-inch forged wheels painted in Blu Hellen and Argento Nurburgring, all inspired “by the passion and colors of polo and horse racing,” in tribute to Ferrari’s famous prancing horse.

The Ferrari California T Tailor Made will be on display alongside a comprehensive display of Tailor Made materials, inside Ferrari’s VIP hospitality enclosure reserved exclusively for their clients in order to highlight the brand’s customization prowess and ability to cater to its clientele’s every demand.

Presented in Geneva in 2014, the California T is Ferrari’s return to forced induction, its first turbocharged supercar since the F40.

Powered by a 552-hp, 3.9-liter V-8 mated to a seven-speed dual-clutch auto, the California T can hit 62 mph (100 km/h) from standstill in just 3.6 seconds and has a top speed of 196mph (316 km/h).

This Ferrari also possesses the latest traction control system to come out of its F1 program, which gives the car optimal acceleration coming out of corners. Its carbon-ceramic brakes, coupled with ABS and ESP technology guarantee quick braking, and its retractable roof takes just 14 seconds to turn this well-insulated hardtop coupe into a convertible.

Ferrari has created an online configurator for its new California T that allows prospective buyers to customize their car down to the last detail.

The Festival of Speed is taking place place in Goodwood, England, June 25-28. For more information, go to goodwood.co.uk.

1991 Ferrari F40

Ferrari F40 breaks records at the Artcurial auction

1991 Ferrari F40

The 8th edition of the “Automobiles sur les Champs” auction by the Artcurial auction house brought in a total of 11.2 millions euros after 80% of the lots were sold.

At the auction, Artcurial broke six world records with a Porsche 911 ST 2.3L Rallye Coupé (sold for €908,900), a Bugatti Type 13 Brescia (€905,900), an Alpine A210 Berlinette Le Mans (€478,000), a Maserati Khamsin (€274,200), a Ferrari 308 GTB (€202,600) and a Fiat Dino 2400 Spider (€188,300).

As for the biggest sale of the night, all eyes were on a 1991 Ferrari F40 that was valued between 900,000 and 1.1 million euros and ultimately sold for €1,013,000.

1973 Ferrari Dino 246Gts

Ferrari Dino to return?

1973 Ferrari Dino 246Gts

The iconic Dino series from  is set to make a comeback, according to the automaker’s recently appointed chairman.

The original Dino 206 GT and its successors, the 246 GT coupe and GTS targa are among the most cherished and collectible of Ferrari classics.

The original Dino debuted in 1968 and was a revolutionary Ferrari in a number of ways. Firstly, it was ‘affordable’ in supercar terms at least. It was mid-engine and as a result its handling surgical, and that engine was a 2-liter V6, not a V12. It was the first Ferrari built for the road, not the track, looked beautiful thanks to Pininfarina’s flowing curves. And lastly, it was called ‘Dino’ in honor of Enzo Ferrari’s son, Alfredo “Dino” Ferrari.

Ferrari Dino

There is not a single ‘Ferrari’ badge or reference anywhere on the car. The name ‘Dino’ was chosen because during his short life, (Dino died, aged 24 in 1956 form muscular dystrophy) he had pestered his father about developing a V6.

Ferrari’s new chairman, Sergio Marchionne, has stressed that the new Dino isn’t simply a stroll down an automotive memory line, nor is it a cynical attempt to increase sales volumes without diluting the core Ferrari brand.

The car will have a mid-mounted V6, like the original, however it will get two turbochargers and be capable of outputting more than 500bhp.

first brick at FerrariLand

Sebastian Vettel lays the first brick at FerrariLand

first brick at FerrariLand

Ahead of the Formula 1 Spanish Grand Prix, a symbolic first brick from the home of Enzo Ferrari was laid at the site of FerrariLand, a new theme park to be built within the PortAventura resort complex south of Barcelona.

The ceremony took place in the presence of Artur Mas (president of the Catalonia regional government), Arturo Mas-Sardà (CEO of PortAventura), Maurizio Arrivabene (director of Scuderia Ferrari), and Sebastian Vettel.

Located near the main entrance of PortAventura, FerrariLand will include reproductions of the traditional houses in the village of Maranello, Italy, along with other elements linked to the famous car maker’s history.

The theme park will also be home to Europe’s highest vertical drop roller coaster (112 meters/367 feet), with acceleration from 0 to 180km/h in five seconds, equivalent to 1.35G. Visitors will also have the option of staying at the world’s first Ferrari Hotel.

ferrari amusement park spain

A celebration of speed and of Italian automotive tradition, the park will cover a total area of 75,000 square meters (807,300 square feet). Construction costs are estimated at around €100 million ($113 million).

The attraction will not be the world’s first Ferrari theme park, however. Opened in 2010, Ferrari World is located in Abu Dhabi, within the race track that hosts the emirate’s annual F1 Grand Prix.

The park includes around 20 attractions, including an enormous roller coaster and a go-kart track.

The PortAventura resort complex, which already includes an amusement park, a water park and several golf courses, has been visited by over 60 million visitors in its 20 years of existence.

Ferrari 488 GTB

Ferrari 488 GTB revealed

Ferrari 488 GTB

 has announced its latest supercar, the Ferrari 488 GTB which will debut at the Geneva Motor Show in March.

Less of a completely new model and more of an evolution, the latest mid-engined V8 supercar from Ferrari is the first to get a turbocharger.

To be precise, it’s a twin-turbocharged 3.9-liter V8 and when both turbos are scrolling up the result is 660bhp, a substantial improvement over the normally aspirated V8 that powered the 458 Italia, this car’s predecessor.

Ferrari 488GTB

But as well as more power, it’s also faster — faster than its current closest competitor, the McLaren 650S. Ferrari is claiming a 0-100kph time of just 3 seconds and a top speed of 208mph (334kph).

Thanks to a smaller cubic capacity and horsepower generated by turbos, the 488GTB is more economical than the car it will be replacing.

But emissions is the only area in which Ferrari is holding back. The 488GTB has a revised double clutch, seven-speed paddle-shift gearbox and updates to the intelligent traction control and differential system and to the stability control, meaning that drivers will be able to use more of the car’s ferocious power more of the time without leaving the track in a tight bend.

Ferrari 488 GTB interior

The exterior that wraps around all of this engineering excellence is once again designed by Pininfarina and picks up where the 458 Italia left off.

The new car retains the same proportions and stance but appears more balanced. The biggest visual differences between the old and new car are the front nose air inlets and the side venting over the rear wheel arches that improve cooling and down force — the inlets are actually integrated spoilers. Inside, the cabin has had another upgrade too.

Ferrari 488 GTB photo

Ferrari is persisting with the multifunction steering wheel which is great on the track but confusing on normal roads but the infotainment system is new as are the lever switches and even the air vents.

The car will make its official debut in Geneva in March, and expect it to be joined in the not to distant future by a convertible version.

ferrari sergio

Ferrari Sergio officially revealed

ferrari sergio

To mark the 60th anniversary of its partnership with Pininfarina, Ferrari is building six bespoke supercars based on the Sergio concept car.

When Pininfarina took the wraps off its incredibly bold, incredibly stripped back Sergio concept at the Geneva motor show in 2013 the reaction was such that it looked that it would only be a matter of time until Ferrari bent to its biggest fans’ wishes and put the roadster into limited production.

Pininfarina Sergio Concept

The concept car was created to celebrate the 60th year of its partnership with Ferrari and to remember the achievements of Sergio Pininfarina.

Sergio led the design studio from 1966 to 2001 following the death of its father, and remained on the board until his own passing in 2012.

ferrari sergio side

Sergio’s flair for exterior aesthetics was only matched by his deep-rooted understanding of engineering. It was his badgering of Enzo Ferrari that led to Ferrari adopting a mid-engine layout and is why the two companies are now synonymous with each other; every Ferrari that rolls out of the Modena plant carries both the Prancing Horse and Pininfarina badges.

The production version of the Sergio is close to the concept model in terms of appearance and proportions. It is a permanent open-top roadster however, unlike the concept model, Ferrari has opted for a windshield.

ferrari sergio interior

This nod to comfort has not in any way diluted its track focus. Every angle, curve and duct of its exterior is about channeling or maximizing performance, but without offending the eye. And inside it’s a similar story, the cockpit is focused on simplicity as to not distract the driver.

And concentration will be needed in massive quantities. Under the hood is Ferrari’s now legendary 605hp normally aspirated 5-liter V8. The same engine that catapults the 458 Italia from a standstill to 100km/h in 3 seconds and which promises even more dynamism in this body shell.

ferrari sergio back

The first Ferrari Sergio is destined for the SBH Royal Auto Gallery in the UAE, at Abu Dhabi’s Yas Marina Circuit, and the remaining five examples are currently being hand-built based on their clients’ individual tastes.