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Two Ferrari LaFerraris are for sale in Dubai

You can rest assured that a disproportionate share LaFerrari production run headed to the United Arab Emirates. Of those, two examples of which are now listed for sale in Dubai alone on Dubicars.com. Both of them are red, which is no surprise. The first, pictured in the image gallery above, is a brand-new 2014 model for sale at the emirate's famed dealership Al Ain Class Motors. The 2014 model is listed with zero miles on the odometer, though we'd be surprised if it hadn't racked up at least a few delivery and test miles. All it will cost you is a small matter of 11,000 Emirati Dirham, which works out to a hair under $3 million at current exchange rates. GTR Motors hasn't listed how much it wants for this second example depicted in the video below. But you can bet that – even with 398 kilometers (or 247 miles) on the clock – this 2015 example will still command a significant premium over the $1.35 million the factory charged for these hybrid hypercars when they were new. If you can scrape together the cash for either, you'll be getting arguably the ultimate Ferrari road car to date, packing a 6.3-liter V12 hybrid powertrain good for 950 horsepower and a 2.5-second 0-60 time. The factory in Maranello only built 499 of them, so finding one – let alone two – up for grabs is a bit of a rarity. Of course if this particular Prancing Horse isn't your cup of tea, there's plenty of other enticing machinery on offer, including a McLaren P1, Koenigsegg CCX, three Porsche 918 Spyders, and a handful of Bugatti Veyrons. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 2014 Ferrari LaFerrari for sale in Dubai View 14 Photos News Source: Al Ain Class Motors, GTR Motors via Dubicars.com Auto News Green Ferrari Coupe Hybrid Supercars dubai ferrari laferrari laferrari

Weekly Recap: Ferrari plans to gradually increase production by 2019

Ferrari has long been known for the exclusivity of its performance machines. It's on a different level than Porsche, BMW, and Mercedes. But as it transitions to a new era of independence from Fiat Chrysler, Ferrari is going to get a little less exclusive. It's by design, and it means a subtle, slow ramp-up of production – a move Ferrari believes will ensure its future by meeting growing demand in new markets. The strategy was detailed in SEC documents filed this month as part of the company's pending stock offering. The files reveal Ferrari will gradually increase shipments to about 9,000 units per year by 2019. This is a reversal of Ferrari's 2013 plans to cap production at 7,000 cars annually, which it hit on the nose that year. Ferrari shipments inched up to 7,255 in 2014, though that's down from 2012's record tally of 7,405. Ferrari is a vastly different operation than it was in 2013. Longtime chairman Luca di Montezemolo stepped down last fall, and FCA chief executive Sergio Marchionne has been overseeing the company since then. Its IPO has attracted high levels of attention from enthusiasts and investors. As expected, demand has reportedly outstripped the availability of the stock, which has an estimated offering price of $48 to $52 a share. Speaking of more Ferraris, the company revealed a limited-edition model this week called the F12tdf (shown above). Based on the F12 Berlinetta, the car is a salute to the Tour de France endurance auto race that Ferrari dominated in the 1950s and '60s. The V12 engine's output increases to 769 horsepower, while weight is cut by 243 pounds – allowing for a sprint to 60 mph in 2.9 seconds. Dramatic carbon-fiber elements and a radical redesign of the body panels give the F12 a more dramatic look. It will be limited to 799 units over the life of the car. If this is how Ferrari is increasing production, we're more than okay with the company's new strategy. OTHER NEWS & NOTES Tesla software unlocks Autopilot features Tesla released the latest version of its software for the Model S this week, which allows the all-electric sedan to drive in a semi-autonomous state called Autopilot. Tesla Version 7.0 enables the Model S to maintain lane position, change lanes by touching the turn signal, and manage the car's speed using an advanced, traffic-sensing cruise control. It also has a parallel parking feature, which searches for open spots and then parks your Tesla.

Ferrari worth over $11 billion, says Marchionne ahead of IPO

We all know that cars from Ferrari sell for hundreds of thousands, if not millions of dollars. But how much is Ferrari worth as a company? At least ten billion, according to its chairman. Speaking at the launch of the revised Fiat 500 in Turin on Friday, Fiat Chrysler CEO and Ferrari chairman Sergio Marchionne said he expected the vaunted Maranello-based supercar manufacturer and racing team to be valued at over 10 billion euros, or about $11 billion at current exchange rates. As Bloomberg points out, that would make Ferrari alone account for some 60 percent of the value of its parent company Fiat Chrysler Automobiles, which is currently valued at over 16 billion euros. That may seem like an aggressive estimate, but we won't have to take Marchionne at his word for long. After having floated an Initial Public Offering on the New York Stock Exchange last year, Fiat Chrysler is preparing to do the same with its Ferrari unit as soon as October. FCA will not, of course, be selling off all of its shares. The projected scheme would have ten percent (worth about one billion by Marchionne's estimates) of Ferrari's shares floated on the NYSE. Another 10 percent is expected to remain in the hands of founder Enzo's son (and company vice chairman) Piero Ferrari's hands. The remaining 80 percent is slated to be distributed among Fiat Chrysler's existing stakeholders.