2006 Ferrari F430 Spider Convertible 2-door 4.3l on 2040-cars

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Ferrari posts record profits on restricted volume

Most automakers are after one thing and one thing only: selling more cars. Because, after all, selling more cars means making more money. Right? Well that's usually the case, but Ferrari has taken a different approach. Rather than try and sell more cars, Ferrari intentionally sold fewer models in 2013, yet it made more money.
The move was implemented after 2012 emerged as the strongest year in the company's history. Instead of pushing to sell even more cars, it opted to maintain a level of exclusivity by selling fewer - 5.4 percent fewer than the year before, to be specific - thereby ensuring that those it did sell were worth more. As a result, in 2013, Ferrari logged record turnover, profits and finances: on 2.3-billion euros of revenue (up 5 percent from the previous year), Ferrari recorded 363.5 million euros in profit last year - that's roughly $500M USD.
Before you go jumping to conclusions, though, bear a few factors in mind. For one, Ferrari's stakeholders aren't pocketing all that cash - they're reinvesting it into the company: over the course of the same year, Ferrari invested some 337 million euros - 464 million dollars - in research and development. And while the company's extensive merchandizing efforts continue to bring in more cash, at 54 million euros ($74M) raised last year, the branding operation still doesn't account for a sixth of overall revenues. Still, it's little wonder that the experts at Brand Finance have named Ferrari the world's most powerful brand for the second year running.

Ferrari planning special Schumacher tribute to mark injured racer's 45th birthday

Michael Schumacher may have completed his Formula One career with Mercedes-Benz, but the German racer will forever be associated with the Scuderia Ferrari, where he spent the better part of a decade winning just about everything. And as the seven-time World Champion continues to fight for his life following a skiing accident, the Tifosi are in the midst of organizing to pay tribute to one of their greatest heroes as his 45th birthday approaches.
According to the Scuderia's Facebook page, it's calling on Scuderia Ferrari Clubs from across Europe to show up at the Grenoble Hospital where Schumacher is being treated for a "silent and respectful" event to honor the injured champion, whose birthday is tomorrow. There's also a tribute being run on the Scuderia's website passing along the team's thoughts as Schumacher tries to recover from his injury.
The latest reports on Schumacher indicate that his condition continues to be stable, but he remains in a medically induced coma. News of the circumstances surrounding his ski mishap continue to trickle out, with the latest report from The Mirror heartbreakingly suggesting that Schumacher was actually attempting to help a friend's daughter who had fallen herself when he had his own tumble.

Meet the man that discovered and restored the oldest existing Porsche

Luciano Rupolo is an absolutely fascinating gentleman. He was born in France but spent nearly his entire life in Italy as an auto mechanic running his own shop. His grandfather and father instilled a love of sports cars in him that he carried on by historic racing in Italy for decades. He saw his life-long automotive passion repaid when he found and restored the car that might have been the first Porsche registered for the road.
You can spot in his garage a split-window Corvette, Ferrari 250 GTE and other exotics, but Rupolo's most interesting automotive story concerns his Iso Grifo Competizione (pictured above). The sports coupe was found in the Canary Islands as little more than a shell, but Rupolo got help from a prestigious source for its restoration. The result is a motoring masterpiece.
Rupolo is a fantastic storyteller with a captivating, tale to tell. Settle in, scroll down and watch the bittersweet documentary about his life with one of the first Porsches.