1979 Ferrari 308 Gt4 2+2 on 2040-cars

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Ferrari SUV in the works, finally?

There are some things that Ferrari just won't do. Pink cars. Electric vehicles. SUVs. Well, about that last one... There's long been talk about Ferrari taking the leap and producing a utility vehicle to rival the likes of the Porsche Cayenne (but, like, for way more money). Lamborghini has already gotten the hint with the upcoming Urus. Now, Car says that it can confirm that Ferrari is, in fact, working on a crossover, and the project is codenamed F16X. The British magazine even has its own artist rendering of the rumored ute, though if that's what the thing actually ends up looking like, we'll eat our hat. Car's sources in Maranello say that the vehicle will be built alongside the next-gen GTC4 Lusso (current model pictured above) with aluminum architecture, that it'll be a high-riding soft-roader, and will feature rear suicide doors with no B-pillar (picture a big opening to the rear seats). It will have all-wheel drive, building on Ferrari's experience with the FF and GTC4 Lusso. Under the hood will be a gasoline V8, possibly with a hybrid powertrain option. The Ferrari F16X won't be cheap, of course, and is expected to fetch about $342,000 at today's exchange rates. We're assuming that doesn't account for the cost of inflation between now and 2021, when the CUV is expected to launch. And don't be surprised if Ferrari does everything it can to avoid using the words "crossover" or "SUV" in reference to the F16X. Related Video:

Ferrari 250 GT California nets $17 million at Amelia Island

The 1961 Ferrari 250 GT SWB California Spider is famed for its feature (in replica form) in "Ferris Beuller's Day Off" and as one of the more valuable Ferrari models. This year's Gooding & Company auction at the Amelia Island Concours d'Elegance have has cemented that with a high-dollar example. This 250 is indeed a real example, one of just 56 ever made, and only 37 with those desirable covered headlights. This was the first time this particular example was ever offered for sale to the public in its 55-year history, and it fetched $17.16 million at the Florida concours over the weekend. That's not quite enough to take the record for this highly sought-after model. According to Sports Car Market, that still belongs to the barn-find example that Artcurial sold last year for over $18 million. But it did beat its own pre-sale estimates, and was enough to top Gooding's list as well as that of Amelia Island. Related Video:   Gooding & Company Sets Amelia Island Record for Single Lot and Celebrates More Than $60 Million in Sales from its 2016 Amelia Island Auction - 1961 Ferrari 250 GT SWB California Spider Fetches $17,160,000, a Gooding & Company Record - Selections from The Jerry Seinfeld Collection Total More Than $22.2 Million AMELIA ISLAND, Fla. (March 13, 2016) – Gooding & Company, the auction house acclaimed for selling the world's most significant and valuable collector cars with the tradition of presenting some of the greatest collections to ever come to market, realized $60,162,150 in a single day at the company's 2016 Amelia Island Auction. The most talked about event of the week did not disappoint, as President David Gooding and Auctioneer Charlie Ross sold 69 of 79 lots for an impressive 87% sales rate, which resulted in an astounding average price of $871,915 per car sold. The standing-room-only crowd also witnessed the company achieve nine new world auction benchmarks. There were highlights throughout the auction, including the $22,244,500 garnered by Selections from The Jerry Seinfeld Collection and the star of the day, the 1961 Ferrari 250 GT SWB California Spider which commanded a price of $17,160,000. "We are delighted with our auction results and are proud of the new auction records we have set, which demonstrates that there is a strong demand for high quality cars," stated David Gooding, President of Gooding & Company. "The room was electric from the beginning and the crowd's intensity only grew when Mr.

Ferrari rated world's most powerful brand ahead of Apple

Ferrari has nabbed the honor of becoming the world's most powerful brand from Apple. According to Brand Finance, the Italian automaker earned the highest rating among all brands on the Global 500 list despite being worth considerably less than its competition. But the ranking takes into account more than just a company's bottom line. Brand Finance also looks at margins, average revenue per customer and less tangible notions like brand affection and loyalty.
There's no disputing those latter two categories, and this year saw Ferrari enjoy the best financial results in the automaker's history. In 2012, the company's revenue jumped by eight percent to 2.43 billion euro thanks in part to a 4.5 percent increase in deliveries worldwide.
Meanwhile, Apple squeaked out ahead of Samsung to earn the top spot as the most valuable brand at $400 billion. You can check out the Brand Finance press release below for more information.