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Ferrari gives employees record $5,600 bonus on strong year

Ferrari has got to be a great place to work. In fact, it's named as one of the best places to work in Europe year after year. Add to that the pride of making some of the coolest cars in the business, running one of the winningest teams in all of motorsports (even if the Scuderia isn't doing so well thus far this season) and all around standing for the best Italy has to offer, and you've got the makings of a dream job. And it just got a bit sweeter.
That's because Ferrari has just awarded each and every one of its employees a bonus of 4,096 euros - the most the company has ever paid. That's equivalent to over $5,600 at today's exchange rates, and represents a whopping 20 percent of the annual salary for a recently hired young employee. Following two advances of 1,000 euros each, that means employees will find an extra 2,096 euros in their pay checks this month, which may not be enough to buy a new California T or 458 Speciale, but should finance a nice shopping spree of t-shirts and paperweights at the Ferrari Store or a family vacation to Ferrari World in Abu Dhabi.
The bonuses are part of a deal signed with the union in 2012, but are enabled by record profits reported by the company over the last couple of years. After 2012 emerged as Ferrari's most profitable fiscal year, it moved to reduce production, thereby increasing the value of each new car it sells to drive profits up even higher. Nice work, in short, if you can get it.

Ferrari going with turbo V8s, hybrid V12s

More for less – that's what automakers are striving for: more output with less fuel. For some that means downsizing and employing turbochargers. For others, it means going hybrid. With its latest models, Ferrari has embraced both – or rather, either – but don't expect its twelve-cylinder engines to get a set of snails, or its V8s to get an electric assist. The latest intel paints a picture of Ferrari going two different routes. As it is, the company offers (much like it has for the past several decades) both V8 and V12 supercars, and it's bringing both types into the modern era, but in different ways. As demonstrated with the California T and 488 GTB, Maranello's eight-cylinder models will shrink in capacity but add turbochargers to increase their output while decreasing their fuel consumption. Meanwhile the engine in the LaFerrari showcases the direction in which its twelve-cylinder models will go: hybrid V12 powertrains. "There will be no turbos on our V12s," an unnamed source reportedly told Autocar. "Expect instead to see 48-volt systems on the next generation." With the eight-cylinder models already having adopted their turbochargers, that means we can expect the replacements for the FF all-wheel-drive shooting brake and F12 Berlinetta two-seater to go hybrid in their next iteration. We'd expect the former to arrive first, with the hybrid F12 to arrive sometime thereafter. The company first toyed with the prospect of a hybrid twelve with the 599 HY-KERS concept showcased at the 2010 Geneva Motor Show. The first production application for the hybrid system was on LaFerrari, but of course the Scuderia developed a much smaller 1.6-liter V6 that's both turbocharged and electric-assisted for Formula One. Related Video:

Get lost in Evo's sublime 2013 Car of the Year testing

Every year Evo stages its Car of the Year test, bringing the best performance cars in the world to one location for an epic shootout. This year the magazine pitted eight CotY finalists against each other on Route Napoleon in Southern France - Evo claims it's the "best road in the world" - and then proceeded to nitpick the smallest of faults on each car until the winner could be named. You see, this year's lineup of machines was just so good that only one car obviously wasn't CotY material from the get-go. Can you guess which one judging from the list below?
- Aston Martin V12 Vantage S
- Audi R8 V10 Plus