Ferrari 550 Maranello Immaculate Collector Car, Fresh Belt Service on 2040-cars
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- 2000 ferrari 550 maranello. 6 speed manual. 26k miles. silver over black.(US $84,480.00)
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Sebastian Vettel to leave Infiniti Red Bull at end of 2014
Sat, 04 Oct 2014Things are going to look very different in the Formula 1 paddock come 2015. Official word came down from Infiniti Red Bull Racing that Sebastian Vettel, who won four driver's titles while with the energy-infused fizzy drink and marketing company, will be leaving the team after the 2014 season comes to an end. Taking Vettel's well-worn seat at Red Bull will be Daniil Kvyat, who will join Daniel Ricciardo for 2015. Feel free to read that official announcement below.
While no official announcement has yet been made, rumors swirl that Sebastian Vettel will drive for Ferrari in 2015, taking the place of Fernando Alonso, who many believe will end up at McLaren, which itself is in line for a major driver and team shakeup next year as it switches to Honda power. It's not clear where the rest of the current crop of F1 drivers will land, but as this first blockbuster domino falls into place, expect the rest to fall in line in the coming weeks and months.
Ferrari will increase production by 30% to 9,000 cars per year
Wed, Oct 14 2015After years of keeping production purposefully limited to guarantee exclusivity under the reins of Luca di Montezemolo, Ferrari is looking to seriously ramp up its numbers in the near future. A filing with the Securities and Exchange Commission indicates the iconic, Italian supercar maker intends to boost volume by 30 percent to reach around 9,000 vehicles annually by 2019, according to CNBC. Because Ferrari is already doing quite well financially, the extra sales would likely offer a serious boost to profits in the early years after its $10-billion initial public offering. Ferrari's filing also mentions growing demand in emerging markets and a larger "spending capacity" among wealthy buyers as reasons for growing the volume, according to CNBC. However, the company's execs intend to watch how the strategy works and ensure that the brand keeps an air of exclusivity. Sergio Marchionne initially promised to keep annual volume around 7,000 supercars last year. However after taking over as the Prancing Horse's chairman, he reportedly started considering pushing the numbers closer to 10,000. With Marchionne potentially becoming Ferrari CEO as well, the company's future is largely in his hands now. Under Marchioness plan, Ferrari plans to launch a new model each year through 2018. The Prancing Horse is reportedly developing a modular, aluminum space frame to underpin most of its future vehicles. The first to get it might be the next-gen California in 2017. Related Video:
FCA is setting a five-year strategy: Here's how the last one played out
Thu, May 31 2018We're slightly more than four years removed from Sergio Marchionne last five-year plan for FCA, a tell-all where the Italian-American automaker divulged its plans for the 2014 through 2018 model years. It was a grand affair, where Sergio told FCA investors that all was right in Auburn Hills, Alfa Romeo and Maserati were making comebacks, and the fifth-gen Dodge Viper received a mid-cycle refresh. You can read every last one of those past predictions right here. We're on our way to Europe to see Sergio's sequel, coming out Friday straight from FCA's Italian headquarters. (Bloomberg reports a plan to expand Jeep and Ram globally, combine Alfa Romeo and Maserati into a single division for an eventual spinoff, and downsizing Fiat and Chrysler. Also, EVs.) But before we arrive in Italy and find out exactly what Marchionne has planned for 2019 through 2023 as his last act as CEO, let's take a minute to tally up the results of his last term based on the same scoresheet we used in 2014. Now, we're only five months into 2018, so much of this — including vehicles like the Ram HD and Jeep Grand Wagoneer — could still debut this year. For those, we'll mark things TBD. We're not going to draw any conclusions or make any objectionable remarks. We're simply going to let the stats speak for themselves.