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Ferrari profits rise 46 percent in 2018

MILAN — Italian luxury sports car maker Ferrari says profits last year rose 46 percent, driven by a surge in V12 sales and vehicle personalization. Ferrari on Thursday reported 2018 net profit of 787 million euros ($904 million), up from 537 million euros the previous year. Shipments rose 10 percent to 9,251 vehicles, while net revenues were flat at 3.4 billion euros. Ferrari set a forecast for 3-percent revenue growth to over 3.5 billion euros. It did not provide a shipment forecast. Sales of 12-cylinder models surged 20 percent, led by the 812 Superfast, while sales of 8-cylinder models rose 8 percent. Sales rose across the globe, with double-digit increases posted in Europe and greater China. The carmaker said fourth-quarter profits rose 40 percent to 191 million euros.Related Video:

2019 Ferrari 488 Pista Piloti Ferrari is only for people racing Ferraris

Ferrari revealed an interesting special edition car, the 2019 Ferrari 488 Pista Piloti Ferrari. Part of what makes it interesting is that it doesn't matter how much money you have, you probably can't get it. That's because this version was created to celebrate Ferrari's motorsports teams and the car that won its class in the 2017 World Endurance Championship. As such, this car is only available to people "involved in the company's motorsports programs." We're guessing it's aimed at drivers of Ferrari race cars, but we bet that managers and other members of Ferrari race teams with enough scratch could get one, too. Besides the exclusivity, Ferrari spruced up the 488 Pista Piloti Ferrari with a number of unique features. It has a special paint scheme with a center Italian flag stripe inspired by the championship winning 488. On the passenger side of the car is the WEC logo, and on the driver's side is the word "PRO" indicating the class of the winning car. On each side, the owner can choose a custom number that will also be placed on the steering wheel. In the case of the show car, it has the number 51 for the aforementioned race car. Inside, the car features black Alcantara everywhere. There are also a few Italian flag tributes. The seat backs have the Italian flag colors fading as they head to the top of the seat. The same colors are also found on the shift paddles. Red stitching also helps break up the black interior. Nothing has been changed mechanically about the Piloti Ferrari, which means it still has the 711-horsepower turbocharged V8. But we suspect that none of the customers will be complaining about it being too slow, and the exclusivity is pretty cool. Plus, we're sure plenty of these customers will at least have access to a race car if they need something more hardcore. Related Video:

Florida aquaman drives a Ferrari straight into the drink

Often the worst and most annoying part of security footage is that there is no sound to the video. Viewers are left to their own imaginations as people on camera are seen doing strange or dumb things. A recent video from Florida has us wishing a police officer would have been mic'd up for a conversation he had moments before a person got into a Ferrari and drove it right into a body of water. Reported by WPTV and blogged by Car Throttle, the dash camera on a police car caught 48-year-old James Mucciaccio Jr. doing something that makes absolutely zero sense (before the Florida bath salts jokes come out, neither drugs nor alcohol were involved). The morning of Dec. 26, a police officer got out of his cruiser and approached a blue Ferrari 360 that was parked on a gated dock on the Palm Beach Inlet just off of the Atlantic Ocean. Based on the soundless video, it appears Mucciaccio and the officer had a civil conversation likely suggesting that the car couldn't be parked there. Mucciaccio then hustled to get into the car and looked to be backing out of the dock. But before he passed the gate, he stopped, then switched out of reverse as evidenced by the blinking lights on the car. He then gunned it and drove the Ferrari straight off the dock and into the water. Considering the interaction seemed to be completely calm, it's mind-boggling trying to imagine what Mucciaccio was thinking, if it was indeed on purpose. And no, there is no word yet as to why exactly he did what he did. According to the report, Mucciaccio was not injured and was rescued by a friendly observer. After the Ferrari sank 30 feet to the bottom, it was pulled out using inflatables. For more photos of the crashed Ferrari both above and below water, check out images from the Code 3 Divers here. Surprisingly, this is not the first time Code 3 has pulled a Ferrari out of the water. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.