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Keyword: ferrari

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  • Fiat Chrysler Automobiles NV ... Shares Tumble On Vows Of Possible Emission Scandal

    05/23/2016 11:39:24 AM PDT · by SunkenCiv · 50 replies
    The Country Caller ^ | May 23, 2016 | Myrna Salomon
    Shares of Fiat Chrysler are down more than 4% in pre-market trading today as investors react to a possible emission scandal relating to the company's vehicles in Germany... in over the counter markets in the US following a report from a German Newspaper that the company could be banned from vehicles in the country if it is found disregarding strict emission standards. German paper Bild said in a story on Saturday that multiple tests from the German motor transport authority KBA have shown that several Fiat Chrysler's models had exhaust treatment systems that were switching off automatically after running for...
  • Vanity - Red cars and glorious sounds

    05/08/2016 2:34:41 PM PDT · by West Texas Chuck · 34 replies
    Yeah, OK, it's a gasoline commercial, but the video is in HD and the sound is spine-tingling. Turn it up.
  • New Ferrari 488 Earns First WeatherTech Championship Pole (New Battle Between Ford And Ferrari)

    05/01/2016 9:54:17 AM PDT · by MtnClimber · 42 replies
    IMSA ^ | 30 Apr, 2016 | International Motor Sports Assoc.
    Fifty years ago, Ferrari and Ford engaged in an epic battle for sports car racing supremacy. In IMSA WeatherTech SportsCar Championship qualifying on Saturday at Mazda Raceway Laguna Seca, a new chapter in the storied battle began. The No. 68 Scuderia Corsa Ferrari 488 GTE in the hands of Daniel Serra knocked the No. 67 Ford GT driven by Ryan Briscoe off the class pole position on his final lap to secure the top starting spot in the GT Le Mans (GTLM) class for Sunday’s two-hour Continental Tire Monterey Grand Prix.
  • Groom Crashes Ferrari on Wedding Day

    04/19/2016 2:10:26 PM PDT · by nickcarraway · 34 replies
    Emirates 24/7 ^ | Tuesday, April 19, 2016
    Accidently steps on the acceleratorA British groom crashed a rented Ferrari into his friend’s home in Lancashire on his wedding day. Riding with his bride, the man crashed the $342,000 Ferrari 458 Spider after his foot slipped onto the accelerator, reported The Daily Mail. He now faces an insurance cost of $28,000. Neither of them were hurt in the incident, however.
  • We drove the car that Ferrari is counting on for its future

    04/10/2016 2:36:04 PM PDT · by MtnClimber · 54 replies
    Business Insider ^ | Matthew DeBord
    In 2014, my son, James, and I drove up to Watkins Glen International, a storied racetrack, to watch a Ferrari race. We did not, however, make the drive in a Ferrari. Last year, Ferrari kindly lent us a California T, the company's "entry-level" car — its base price is $198,000 — to make a sort of return visit. The Cali T is now an important vehicle for the prancing stallion now that it's a public company and need to grow beyond its current 7,000-cars-per-year in sales. At the New York Stock Exchange in 2015, when Ferrari — ticker symbol RACE...
  • Boston Marathon bombing survivor dies in car crash overseas

    03/08/2016 4:34:55 AM PST · by MuttTheHoople · 46 replies
    Boston.com ^ | 03.07.16 | Eric Levenson
    Two Northeastern University students, one of whom was injured in the 2013 Boston Marathon bombing, were killed in a car crash in Dubai, the university said on Monday.
  • Video: Speeding Ferrari splits into half after hitting lamppost; 4 Dead (Canadian Boxer in Dubai)

    03/07/2016 11:43:51 AM PST · by nickcarraway · 62 replies
    Emirates 24/7 ^ | Monday, March 07, 2016
    ‘Just landed into Dubai picked up the Ferrari! Don't worry I won’t speed ;)’ This was the last message posted by Toronto-based boxer Cody Nixon, posing with a yellow Ferrari, before that fateful crash that killed the Canadian national in a high-speed crash with three others. According to Dubai Police, the rented supercar rammed into a lamppost and split into two in the neigbhourhood of Jumeirah Lakes Towers. Three Europeans and a Canadian were killed when their rented Ferrari rammed into a power pole and split into two in a high-speed crash in Dubai on Sunday. The three Europeans, including...
  • Ferruccio Lamborghini Fixed His Hated Ferrari With A Clutch From A Tractor

    02/17/2016 5:32:54 PM PST · by golux · 48 replies
    JALOPNIK ^ | 16.02.17 | Máté Petrány
    This is the Lamborghini story like you’ve never heard it before: from the son of Ferruccio, Tonino Lamborghini, the kid sitting at the dinner table. If you’re in the Bologna area, you must visit the Ferruccio Lamborghini Museum. It was set up by Ferruccio’s son, who started collecting his father’s tractors and cars back in the day despite the fact that his old man thought he should be working instead of collecting old stuff. But as more and more vehicles ended up in the warehouse, Ferruccio started to spend more time in there as well, smoking cigarettes and enjoying the...
  • $3 Million Rare Ferrari Gathering Dust at Dubai Police Compound for 6 Years

    01/25/2016 2:38:31 PM PST · by nickcarraway · 23 replies
    Emirates 24/7 ^ | Monday, January 25, 2016
    Fine for racing now Dh100,000 for cars, Dh50,000 for motorbikes; Also seized by Dubai Police: Porsche and Hayabusa A rare Enzo Ferrari, one of just a few hundred expensive cars made by the Italian auto giant, has been slumbering at the police impounded cars compound for nearly six years. The red luxurious vehicle, one of the most expensive cars in the world, appears to be covered with dust as it lies at the massive compound along with thousands of other cars. The Arabic language daily Emarat Al Youm said the Enzo trades at nearly $3 million (Dh3.67 million) and...
  • It Is Now Cheaper To Rent A Dry Bulk Tanker Than A Ferrari

    01/20/2016 12:56:42 PM PST · by SeekAndFind · 8 replies
    Zero Hedge ^ | 01/20/2016 | Tyler Durden
    China’s slowing growth has crushed shipping rates to such an extent that hiring a 1,100-foot merchant vessel would set you back less than the price of renting a Ferrari for a day.  As Bloomberg reports, Rates for Capesize-class ships plummeted 92 percent since August to $1,563 a day amid slowing growth in China. That’s less than a third of the daily rate of 3,950 pounds ($5,597) to rent a Ferrari F40, the price of which has also fallen slightly in the past few years, according to Nick Hardwick, founder of supercarexperiences.com. The Baltic Exchange’s rates reflect the cost of hiring the...
  • Driver crashes $1.4M Ferrari just after buying it

    11/07/2015 10:27:40 AM PST · by lowbridge · 78 replies
    nydailynews.com ^ | november 6, 2015 | laurie hanna
    The driver of a ultra-rare LaFerrari spent $1.4 million on the luxury supercar - only to crash it mere minutes later. The man behind the wheel - thought to be from Italy - is believed to have lost control of the car and hit four others parked on the side of the road. -snip "The car slipped out of control when the owner tried to suddenly accelerate," Moldvan told the Mirror Online. "The driver didn't say much and hasn't really been under much stress after the crash. He lit up a cigar while he was taking out the cover for...
  • Irish Tourist Takes Dubai Cabbie for Ferrari World Joyride... Goes Viral

    08/21/2015 6:47:35 PM PDT · by nickcarraway · 2 replies
    Emirates 24/7 ^ | Thursday, August 20, 2015 | Bindu Rai
    Takes the Indian taxi driver on the world’s fastest roller coaster They call it the luck of the Irish, and it appears, Liam Murphy’s cup runneth over as the man from Cork spread some good cheer when he cut a ticket for his taxi driver on a joyride to Ferrari World. The kind-hearted test engineer, who was in Dubai on a business trip, decided to invite his driver on a whim to join him in the Yas Island theme park when he learned the Indian national had never been inside the park despite making countless trips to drop off customers...
  • Is FCA Crazy To Think Maserati Can Be The Next Ferrari?

    07/12/2015 9:40:53 PM PDT · by nickcarraway · 12 replies
    CARBUZZ ^ | 7/12 | Michael Hines
    Someone has to step up once the Prancing Horse is spun off.Sergio Marchionne has done a great job reviving Chrysler, Fiat and with the FCA group as a whole, but if his latest gambit works he will go down as legend in the auto industry. Last year we reported that FCA was planning to spin off Ferrari to grab some cash. The majority of the company (80 percent) would be owned by FCA shareholders so the company would still wield a lot of power over Ferrari. That being said Marchionne needs a new brand to fill the Prancing Horse’s shoes,...
  • The 10 greatest Ferraris of all time

    07/11/2015 1:09:52 PM PDT · by MtnClimber · 55 replies
    Business Insider ^ | July 11. 2015 | BENJAMIN ZHANG
    With Ferrari's upcoming IPO in October, fans of the prancing horse will finally be able to own a piece of the Italian automaker without forking over hundreds of thousands of dollars. But for many, there's no substitute to the raw power and emotion of a living, breathing Ferrari. Since the company launched its road car business in 1947, it's reputation has grown from that of a respected racing team to a creator of automotive legends. In fact, the company has managed to maintain a waiting list for many of its models without engaging in any forms of traditional advertising. Other...
  • Rare Ferrari Found At French Farm Sells For 14m Euros ($16.2m USD Alert)

    02/06/2015 9:19:44 PM PST · by goldstategop · 28 replies
    BBC News ^ | 02/06/2015 | BBC News
    A rare Ferrari sports car found rusting in a French farmhouse under a pile of old magazines has sold for 14.2m euros (£10.5m; $16.2m) at auction in Paris. The blue California Spider was hidden away for more than 50 years. One of only 37 ever made, it was once owned by the French actor Alain Delon and was discovered alongside dozens of other classic models.
  • China:Inside the infamous Ferrari crash that brought down Ling Jihua

    01/01/2015 2:34:13 AM PST · by TigerLikesRooster · 10 replies
    Want China Times ^ | 2015-01-01
    Inside the infamous Ferrari crash that brought down Ling Jihua Staff Reporter 2015-01-01 13:29 (GMT+8) More stunning details have been revealed about the infamous Ferrari crash that killed the only son of fallen senior Chinese official Ling Jihua and sent his once promising political career into a tailspin. Ling, best known as the "political fixer" of former president Hu Jintao, has been placed under a probe for unspecified "serious discipline violations, according to a statement from the Central Inspection for Discipline Inspection, the country's top anti-graft watchdog. The 58-year-old once appeared destined for a seat on the Communist Party's elite...
  • Fiat Chrysler to spin off luxury brand Ferrari

    10/29/2014 7:42:34 PM PDT · by Olog-hai · 20 replies
    Associated Press ^ | Oct 29, 2014 4:56 PM EDT | Colleen Barry
    Fiat Chrysler Automobiles announced Wednesday it will spin off sports car maker Ferrari into a separate company, a move to unlock the luxury brand’s value and distinguish it from its mass-market parent. The spinoff aims to raise money to support the newly-merged carmaker’s plans to invest €48 billion ($61 billion) over five years to compete with global giants Toyota and Volkswagen. Shares in Fiat Chrysler soared on the news. “I think we are doing the right thing by giving Ferrari a proper, unique place in the capital markets to be evaluated and valued as a luxury automaker,” Marchionne told an...
  • Ferrari Chairman Luca Cordero di Montezemolo Quits

    09/10/2014 7:54:23 AM PDT · by God luvs America · 22 replies
    WSJ ^ | 9/10/2014 | Eric Sylvers And Joshua Robinson
    MILAN— Luca Cordero di Montezemolo is to quit as chairman of Ferrari after 23 years at the company and just days after his boss said the luxury car brand's Formula One race results over the past six years were unacceptable. Sergio Marchionne, chief executive of Fiat F.MI +1.43% SpA, which owns 90% of Ferrari, will take over from Mr. Montezemolo, whose departure is effective Oct. 13. That is the same day Fiat Chrysler Automobiles, a new company created out of a corporate reorganization, is slated to make its debut on the New York Stock Exchange. Ferrari has long been Fiat's...
  • Bungling mechanic wrecks mattress mogul's rare $1million Ferrari Enzo [Short title]

    06/25/2014 12:45:42 PM PDT · by QT3.14 · 49 replies
    DailyMail (UK) ^ | June 25, 2014 | Ashley Collman
    This picture of a banged-up Ferrari Enzo is enough to make any car lover shed a tear. The rare million-dollar vehicle was involved in a crash in Stamford, Connecticut on Monday when a mechanic took the sports car out for a ride and spun out of control. The car's owner, 71-year-old mattress company mogul Michael Fux, had placed the prized car in the care of Greenwich dealership Miller Motorcars.
  • Outcry as businessman gets work-release after 7 DUIs, car crash

    06/01/2014 10:40:46 AM PDT · by Theoria · 20 replies
    CNN ^ | 01 June 2014 | Michael Martinez and Dan Simon
    Joseph Shaun Goodman's seventh arrest for DUI was as sensational as it gets. Police chased him in his Ferrari at more than 90 mph in downtown Olympia, Washington. A passenger, whom Goodman had just met at a bar, begged to leave the car, and his wish was granted while the car slowed. Goodman crashed his sports car, a 2000 model worth $70,000, into a house and two cars. The tall, tan businessman was finally arrested behind the wheel in a church parking lot with police drawing their guns on him just before midnight December 29. Cops noted his watery, bloodshot...