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Hot Wheels loses Ferrari diecast contract to Chinese company

If you're anything like this writer, chances are you've got a diecast model or two kicking around the house. And if one of those models replicates a Ferrari, chances are it's made by Hot Wheels. The Mattel brand secured an exclusive contract from the Maranello automaker in the late 1990s, but the latest word from Hemmings has it that Ferrari has ended its partnership with Hot Wheels and awarded it instead to the May Cheong Group. Unless you're an avid diecast collector, you may not have heard of May Cheong, but you may have heard of its brands Maisto and Bburago. Both brands are longtime players in the model car market, but it's the Bburago part of the deal that's particularly interesting. Founded in Italy, Bburago made a name for itself largely due to the scale Ferrari models it made back in the day. But when the Prancing Horse marque awarded the exclusive contract to Mattel, and with increasing competition from the Far East, Bburago collapsed. May Cheong swept in and scooped it up, and now the Italian model brand, along with its onetime rival Maisto, will be producing diecast Ferraris once again. Whether Bburago will use any of its old tooling to resume production of Ferrari scale models or start from scratch with all-new equipment remains to be seen, as does the matter of whether either it or Maisto will be able to produce the same quality of models as Hot Wheels has with some of its higher-end offerings. Like most collectors, this writer's looking forward to finding out. Looks like it's time to buy another display case.

See what the Chevy C7 ZR1 may be benchmarked against

One of the greatest things every Corvette has had going for it, and also one of the most re-used arguments against it, is its price-to-performance equation - long before the Nissan GT-R became the de facto Porsche 911 comparator the Corvette spent decades as Exhibit A. Depending on which side of the argument you stressed, supporters crowed about how much performance you got for how (comparatively) little, detractors carped on how little you got everywhere else in the bargain.
It appears Chevrolet is working as hard as ever to render the argument meaningless. Spy shooters at KGP captured a convocation of European birds of prey leaving the General Motors test center, and aimed at benchmarking the C7 Corvette ZR1. The road train comprised of two C7 Corvette Stingrays, a 2013 Corvette ZR1, McLaren MP4-12C, Ferrari 458 Italia, Audi R8 V10 Spyder and Porsche 911 Carrera S and it was last seen heading down the same kinked-up back roads used to hone the Corvette Stingray.
The C7-series ZR1 and its possible 700 horsepower are still a ways off. If it really is being positioned to compete with the celestial exotica in the testing group, could it be the first Corvette to regularly be the first answer to the question "Cost no object, which would would you rather have?"

Ferrari Classiche gives 250 GT a new lease on life [w/video]

There are plenty of workshops filled with skilled craftsman who'd be glad to restore a classic Ferrari. But many are opting to sending their vintage Prancing Horses back to the factory in Maranello to be worked over by the company's own Classiche department. Like this Ferrari 250 GT SWB Berlinetta Competizione, for example. The car was delivered new to Scuderia driver Dorino Serefani, who rarely drove it and sold it in 1964 to a Frenchman who crashed it. He in turn sold it to a Belgian who brought it back to life, repainted it dark blue and gave it a black interior. Another former F1 driver Jacques Pollet bought it next and repainted it in gray, before another Belgian owner bought it in 1984 and had it resprayed yellow in 1992. That's a lot of color changes over the years, but its next owner had yet another livery in mind. He took to Ferrari Classiche in March of last year and had it brought up to spec, this time selecting a Pininfarina gray with a brown interior. The restoration process took 14 months and involved restoring the engine, bodywork, suspension, and rolling stock. Now after more than a year of work, the process is complete and the owner has retaken delivery of the classic Cavallino just the way he wanted it This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. A new lease of life for a 250 GT SWB An extensive 14-month restoration Maranello, 2 December – 14 months of meticulous work – that's how long it took the Ferrari Classiche Department to restore the engine, bodywork, suspensions and running gear of a 250 GT SWB Berlinetta Competizione to pristine condition. The car arrived in Maranello in March 2014 and work began in the summer of the same year, only finishing last week when it was returned to its delighted owner. Famous names. According to the few documents available, the 250 GT SWB Berlinetta Competizione's first owner was Dorino Serafini, a GT and Formula 1 driver who also delivered a podium position in the 1950 Italian Grand Prix for the Scuderia Ferrari. However, he rarely used this particular car, except in fairly low profile races. In 1964, the 250 GT SWB was purchased by Frenchman Rene Richard. Unfortunately, he crashed it and then sold it on to the Belgian driver Lucien Bianchi who was a brilliant mechanic. After it was repaired, the car was given a dark blue livery with a black interior.