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Ferrari SP38 is the latest one-off creation from the Prancing Horse

Ferrari has unveiled its latest one-off creation, called the SP38, a road- and track-going car built for "one of Ferrari's most dedicated customers" who has a "deep passion for racing." Swathed in a three-layer metallic red paint finish for its all-new body, the SP38 is built on the chassis and running gear of a donor 488 GTB and took its twin-turbo, twin-intercooler influence from the F40. Stylistically, the car concentrates its visual mass over the rear wheels, with a rear spoiler and engine cover reminiscent of the F40, with a wedge shape that narrows toward the front. "In plan view, the strongly tapered nose expands towards muscular wheel arches, giving the car potency and agility," Ferrari says. The engine cover sheds its rear glass and is a flip-up assembly done in carbon fiber, with three transverse slats to siphon off engine heat. At the back, the trailing edge of the rear spoiler "links seamlessly with the wing and with the aerodynamic diffuser at the bottom to create a suggestive frame surrounding the tail volume." Up front, inset headlights were designed to be as thin as possible, with daytime running lights relocated to a slim bumper lip similar to the 308 GTB. No word on the SP38's powertrain, but it seems likely that it's the 488's mid-engine 3.9-liter twin-turbo V8, which makes 660 horsepower and 560 pound-feet of torque. It'll go on display to the public on Saturday, May 26, at the Concorso d'Eleganza Villa d'Este on Lake Como in Italy. Related Video: Featured Gallery Ferrari SP38 Image Credit: Ferrari Ferrari Coupe Racing Vehicles Performance Supercars supercar ferrari f40 ferrari 488 gtb

Did Ferrari block Montezemolo from becoming F1 chairman?

The Formula One Group has appointed a series of new directors to its board. But while ousted Ferrari chief Luca di Montezemolo is among them, the latest reports suggest that he was earmarked to become the group's chairman, but that Sergio Marchionne blocked the appointment. Montezemolo, for those just joining us, served as chairman of Ferrari since 1991, but was ousted just a couple of months ago by Sergio Marchionne, chief executive of parent company Fiat Chrysler Automobiles who took his place at the head of the table in Maranello. During his tenure as Ferrari chief, Montezemolo sat as the team's representative on the F1 board (and also as chairman of the Formula One Teams Association), but despite having broken ties with Ferrari, Luca was renominated to the board as an independent member. That seat on the board, however, could have been at the head of the table, according to circulating reports, had Marchionne not expressed certain reservations, if not blocked the nomination outright. Montezemolo's appointment would have meant that both the F1 Group and the FIA would have been headed up by former Ferrari men, although Marchionne was quoted as saying that if it had been his call, he would have prevented Jean Todt from being elected to the presidency of the FIA as well. The chairmanship of the Formula One Group is separate from the role held by Bernie Ecclestone, who will continue to run the sport's day-to-day operations. Ecclestone has also rejoined the board along with Paul Walsh, the former head of distilling giant Diageo who was also tipped as a favorite to chair the F1 board. That role instead will return to Peter Brabeck, the former head of Nestle, who had previously stepped down from the chair of the Formula One Group.

The 24 Hour War: Adam Carolla's new documentary brings the Ford-Ferrari battle back to life

Long before the GoPro or even videotape, races were filmed by guys standing next to the track with 16-millimeter cameras. The images kind of shook, they didn't always hold focus, and over the years all the color has faded out of the film. It all conspires to make the endurance racing battle between Ferrari and Ford in the 1960s seem like ancient history. What Adam Carolla and Nate Adams' new documentary The 24 Hour War does best is make that inter-corporate battle feel as if it happened yesterday. Yeah, if you're an obsessive you've likely seen most of the shaky-cam race footage used here before. But what you haven't seen are the interviews that frame the war and explain the egos and engineering behind the legends. It's not a perfect movie, but it's the sort of movie only fanatics could make. And it's easier to appreciate if you're a fanatic too. The first 25-or-so minutes of the documentary are taken up with histories of both Ford and Ferrari and an overview of how ridiculously deadly motorsports were in the Sixties and earlier. It's all interesting (if familiar) stuff, that could have been handled in about a third the time with some brutal editing. Still, the two protagonists in the story are well drawn: the racing-crazed Enzo Ferrari, who only builds road cars to stay solvent; and Henry Ford II, who after being thrown into the deep end of the Ford Motor Company management in 1943 at the age of 25, wasn't going to be humiliated after Ferrari pulled out of a deal to sell him the sports car maker. With one notable exception, the filmmakers were successful in rounding up practically everyone involved who is still alive for an interview. That includes Dan Gurney, Mario Andretti, Pete Brock, Bob Bondurant, Piero Ferrari, Mauro Forghieri, Carlo Tazzioli, and even Ralph Nader. There are good archival insights from the late Carroll Shelby. But where's A.J. Foyt? After all, he co-drove the stupendous Ford GT40 Mark IV with Dan Gurney to victory at Le Mans in 1967. The interviews make the movie worthwhile, but it cries out for more technical depth about the cars themselves. Yes, the GT40 was complex and engineered practically like a production car, but there's no mention of how the Lola Mk VI and Eric Broadley kicked off the development. There's only a superficial explanation of what made the American-built Mark IV such a leap forward.