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2016 Ferrari 488 Spider First Drive | Pure, uncut spectacle

The majority of the cars that have rolled out of the gates at Maranello can be described as varying degrees of spectacular. Still, until you settle in behind the wheel, you wonder if a real Ferrari can live up to the hype. The first thing I took note of in the Ferrari 488 Spider was the immense and nearly instantaneous acceleration into questionable speeds. It should have been obvious from the start, but the rate that this car builds speeds still managed to surprise me, like the cold wind on a January morning. You've checked the weather on your phone and you know it's going to be cold, but you still wince with that first sharp breeze on your cheek. It's a totally different sensation than something like the Dodge Viper. The Viper requires deliberate effort for everything. Getting in and out is a pain in the ass. The clutch is long and heavy and the pedal box is tiny. The hefty steering requires some strength, especially at low speeds. The shifter wholly mechanical thing that requires a little more motivation than you would expect. It's not easy and it's not trying to be, just so you're not tempted to underestimate it. By comparison, the Ferrari is cake. The doors open wide allowing easy access, made even easier with the retractable hardtop stowed away. The cabin, while completely covered in black leather, is open enough to not feel claustrophobic. The steering is light but doesn't feel loose and the 7-speed dual-clutch transmission can be left in automatic to make things easier. In sport mode, the exhaust is relatively subdued, allowing you to actually enjoy the stereo should you choose to. But goose the gas and a wave of panic and exhilaration momentarily wash away any other thoughts. The 488 Spider packs a mid-mounted 3.9-liter twin-turbocharged V8 making 661 horsepower and 561 lb-ft of torque. It's not quite the screamer of past Ferrari V8s, but what it lacks in aural excitement it makes up for in brute force. The old 4.5-liter V8 in the Ferrari 458 was powerful, but most of that power was at the top of the rev range. On the other hand, the 488 feels strong in any gear at any RPM. Boost is limited in lower gears, changing the power band in an effort to dull the turbo lag somer. While there isn't a big kick when boost comes on, it doesn't feel quite like a naturally-aspirated engine either. Once you're in boost, complaints seem to fall by the wayside.

Fiat Dino does a sexy Ferrari impression

In the modern industry, there's a clear distinction between Ferrari and its parent company, Fiat. Confusing the two is virtually impossible, although that wasn't always so. In the 1960s, the line between Fiat and Ferrari was still there, but it wasn't nearly so well defined, thanks to the addition of the Dino line.
And while we could essentially write a dissertation on Ferrari, Dino and Fiat, let's just say that it wasn't at all difficult to find a Dino-badged car that could still set your hair on fire. One such car from those halcyon days of Italian automotive production is the 1968 Fiat Dino Spyder, shown in the latest video from Petrolicious.
Now, this isn't the exotic, mid-engined Dino. Rather, this is a sporty, but humble, Fiat-badged convertible, that's a bit lesser known. Still, it's a truly gorgeous car, and this example, owned by Danny Soukup, is a prime specimen of that rare 1960s Italian car. Scroll down for the latest video from Petrolicious.

Ferrari families have 'agreement' to prevent takeover

With its initial public offering already a massive success, Ferrari is now officially a publicly traded company on the New York Stock Exchange. While anyone can buy those shares, don't expect investors to take control away from some of the top owners of the Prancing Horse anytime soon. To maintain their power, Enzo Ferrari's son, Piero, and Exor chairman John Elkann will sign a deal guaranteeing themselves nearly half of the automaker's voting rights, Bloomberg reports. As part of this arrangement, shareholders that agree to hang onto Ferrari stock for at least three years would receive additional voting rights in the company, and that would give Piero and Elkann a combined 48.7 percent of the automaker by banding together. While not quite complete control, the move should be enough to prevent a takeover of the business. "We have an agreement among the families to protect our interests in Ferrari," Piero said to Bloomberg. This agreement won't really become a concern until next year because only 10 percent of Ferrari will be traded for now. FCA will distribute another 80 percent to its shareholders in early 2016, and Elkann's Exor will be getting the largest portion of the Prancing Horse in the spin-off. Meanwhile, Piero holds the remaining 10 percent but has absolutely no intention to sell his stake in his father's business. The newly public Ferrari will push to grow volume with a goal of moving 9,000 vehicles annually by 2019. To reach that 30-percent boost, expect to see a new model every year, and some of them might use a new, modular platform that's reportedly under development. Related Video: