2006 Ferrari F430 Red With Tan Interior 9k Miles on 2040-cars

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This 1967 Ferrari 275 is Jay Leno's teenage dream car

Jay Leno isn't a major Ferrari fan, even going as far as taking a Lamborghini over one in the past. But in this episode of Jay Leno's garage, he reveals his soft spot for the 275 GTB/4. This Ferrari was one of his dream cars from his teen years. Thanks to David Lee, a watch dealer and the car's owner, Leno gets that chance. Sometimes your heroes meet their heroes. Throughout the video, Leno gushes about the car. From the 3.3-liter V12 engine, to the graceful body work, he doesn't have a single negative word about it. Leno's praise also centers on the simplicity and purpose of this particular machine. It has plain and simple gauges, the only comfort feature is power windows, and it has a classic gated manual transmission. Leno also highlights how the car doesn't compromise its design; The only purpose of the styling is to please the eye. So check out the video above to see Leno fall in love with this red Ferrari. It's worth watching just to hear the V12 breathe deeply through its six carburetors. Related Video:

Lawsuit alleges Ferrari diagnostic tool used to roll back odometers

A longtime Ferrari salesman is accusing a Palm Beach dealership of using Ferrari's DEIS diagnostic tester tool to reset a 2015 LaFerrari's odometer, driving the supercar's value up by over $1 million. The lawsuit alleges that in October 2015, a technician at New Country Motor Cars reset the digital odometer of the LaFerrari in exchange for cash from its then-owner. What makes the lawsuit especially interesting is that it says using the DEIS tester to perform a rollback would require logging in with Ferrari North America, and alleges the technician was on the phone with Ferrari NA during the operation. The odometer-tampering allegation came up as part of the plaintiff's wrongful-termination claim against New Country Motor Cars. The lawsuit also alleges the tester has been used for this purpose beginning in April 2010, along with a written Ferrari policy manual and instructions and factory authorization, and was performed as recently as March 2015 during official Ferrari factory technician training in Italy. Odometer tampering is a dodgy business and a federal crime, no matter whether you're turning back the reading of an old taxi or a Ferrari worth millions. The lawsuit was first reported by the British Daily Mail, and subsequently covered by Jalopnik. The lawsuit has produced a countersuit by the owner of the LaFerrari in question.Related Video:

Ferrari to pay Fiat Chrysler $2.8B prior to spinoff

Fiat Chrysler Automobiles is trying to get capital together in a hurry to finance the automaker's growth plans. Among its strategies to raise money, Ferrari will be spun off from the FCA mothership next year with an initial public offering. However, the Italian supercar maker will be a couple billion dollars poorer at the start of its new life.
According to a filing with US regulators obtained by Automotive News, FCA intends to "enter into certain other transactions including distributions and transfers of cash from Ferrari currently estimated at 2.25 billion euros ($2.8 billion)" before it spins the supercar maker off. Those funds might include paying a dividend to investors, and FCA possibly transferring some of its debt to the Prancing Horse.
The Ferrari IPO will likely be in the second or third quarter of 2015, according to Automotive News. Ten percent of the automaker will go onto the public market in the US and possibly Europe too, and 80 percent will be distributed among current FCA shareholders. The other 10 percent is held by co-chairman Piero Ferrari, according to AN.