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Ferrari-driving kid's parents charged by Indian police [w/video]

Earlier this month, we reported on a video that was circulating the internet which showed a young boy driving a Ferrari F430 on a street in India while other children watched and two adults recorded the whole thing. And that was all that we knew at the time. Now, there is more information about the car, the kids and their parents thanks to an article in the Daily Mail. As it turns out, a wealthy businessman let his son drive the Ferrari as a present for his ninth birthday and recorded the whole thing while his six-year-old son was riding shotgun.
According to the report, the father, Muhammad Nizam, faces charges and possibly the seizure of the car for letting his son get behind the wheel. Oddly enough, the video is still up on YouTube, and we have it posted for you below.

Ferrari 250 GTO heading to The Quail with no reserve

It's not every day that a Ferrari 250 GTO changes hands. It is, after all, one of the most highly coveted cars ever made, and there were only 39 of them built in the first place. So when one goes up for sale, it tends to fetch millions. Tens of millions, actually, and the prices keep escalating.
Throughout most of the 1980s they were trading hands for six figures. In 1989 one sold for $10 million. A few months later, $13 million. Prices fluctuated in the 90s, but by 2012, one sold for a whopping $35 million, eclipsed the following year at $52 million. Nobody knows what the next one will sell for, but we're about to find out.
That's because Bonhams has got one consigned for its upcoming auction at the Quail Lodge during Monterey weekend next month. And it's offering it without reserve, meaning that it could sell for the opening bid (however unlikely), it could break the previous record or it could land anywhere in between or beyond.

Ferrari presents its 2016 F1 car, the SF16-H

Ferrari has presented the Formula 1 car with which it hopes to take the fight to Mercedes during the 2016 season. The SF16-H, as the new single-seater will be called, sports a different livery, as speculated in the past weeks, with white paint appearing on the engine cover, the front wing and in front of the cockpit. Ferrari is believed to have made significant changes to the engine that will power the car this year in the hope of catching Mercedes after a promising 2015 season. The Maranello squad finished second behind the German squad in the standings, bouncing back from a disastrous 2014. Sebastian Vettel won three races for the team on his way to third in the standings. The German will be partnered by Kimi Raikkonen once more. The car is expected to take to the track on Sunday for a filming day at Barcelona before testing kicks off on Monday at the Spanish circuit. This article by Pablo Elizalde originally appeared on Motorsport.com, the world's leader in auto racing news, photos and video. Motorsports Ferrari Racing Vehicles F1 scuderia ferrari