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Ferrari to launch new model every year, keep production limited

You've no doubt perused the big news coming out of Fiat-Chrysler's headquarters in Auburn Hills, MI today. But at the end of the brand discussions, Sergio Marchionne spoke briefly about an incredibly important, low-volume part of the Fiat-Chrysler empire: Ferrari.
"You do need one of these cars in your driveway," Marchionne joked. And while other brand heads today lined out detailed plans for future product, Sergio's words about Ferrari's next five years were very simple, and very vague.
Marchionne confirmed that Ferrari will launch a new car every year between now and 2018. The cars will have a four-year lifecycle, after which, "M" versions will be produced, with a separate four-year cadence. No specific models were mentioned during Marchionne's presentation.

Barrett-Jackson 2014: Michael Schumacher's 1998 Ferrari F300 earns round of applause, $1.7M bid [w/video]

There isn't much in the world that can aurally match the screeching wail of a Formula 1 car at redline. We obviously can't say whether or not the showmanship of starting this 1998 Ferrari F300 in front of the assembled masses at Barrett-Jackson and slowly taking it up to its 18,000-rpm redline had any effect on bidders, but it did, at the very least, result in a round of applause.
This '98 Ferrari F300 was driven 38 times by Michael Schumacher, and there was another round of applause for the driver, who's currently in a medically induced coma and listed in stable condition after a skiing accident. This particular example is number three of nine total built for the '98 season. Power comes from a 3.0-liter V10 engine producing 805 horsepower at 17,500 rpm.
After it was all said and done, bidding ended at $1.7 million (plus another 10 percent in fees). Check out our live images from the auction floor above, and scroll down below for a spine-tinglingly loud auction video and to read its official description.

F1 2013 Classic Edition to make Lauda's 1976 Ferrari playable

We'll cop to the fact that we might be a bit overly excited about the upcoming F1 2013 video game, specifically the Classic Edition. Codemasters has released umpteen trailers for the title already, mostly pretty cool ones, with cars lapping classic Formula One tracks that are set to be included in the fun.
With that said, this very latest historic addition to F1 2013 is pretty worthwhile, we think. Doing a kind of double promotion with Ron Howard's upcoming film Rush (which you all know by know to be the story of Niki Lauda, James Hunt and the chase for the 1976 F1 Championship), Codemasters is making the 1976 Ferrari 312 T2 a playable car in its new game. That's right, you can now walk in Lauda's racing boots, without all the painful crashing and superhuman recovery bother. Watch the video trailer below.