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Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring less income than their employees - the owners began dumping their cars and prospective buyers declined to buy.
Car and Driver has a piece on how the initiative is hitting the home market the hardest. Lamborghini sold 1,302 cars worldwide in 2010, 1,602 cars in 2011 and 2,083 cars in 2012 - an excellent surge in just two years. In Italy, however, it's all about the ebb: in 2010, the year that Italian police began scouring harbors, Lamborghini sold 96 cars in Italy, the next year it sold 72, last year it sold just 60. The declines for Maserati and Ferrari are even more pronounced.
Head over to CD for the full story and the numbers. What might be most incredible isn't the cause and effect, but where the blame is being placed. A year ago the chairman of Italy's Federauto accused the government of "terrorizing potential clients," this year Luca di Montezemolo says what's happening has created "a hostile environment for ­luxury goods." Life at the top, it ain't easy.

Stock Miata beats bunch of high-powered cars in wet 1/4-mile drag race

When is a stock, 167-horsepower Mazda MX-5 Miata quicker than a Chevrolet Corvette, Ford Mustang, Lamborghini Gallardo, Lotus Elise and a Porsche 911? When it's raining. Sort of.
Mazda Canada arranged a unique drag race to show off the fact that the Miata's optional power retractable folding hardtop can go from top-down to top-up in just 12 seconds flat. In this video, all six cars line up for a drag race, and it starts to rain (well, sort of - but you'll have to watch the video all the way to the end to see what we mean). The green flag is waved, and the timer starts as soon as the convertibles begin to put their tops up. But because the Miata's roof mechanism gets the car's roof back up a full 5.1 seconds quicker than the second-place car, the Mazda gets a serious advantage off the line for the actual drag race.
It's a fun video. And while we've spoiled the results (come on, the video was uploaded by Mazda, you knew the Miata was going to win), be sure to see how it all unfolds, below.

eBay Find of the Day: 1992 Minardi-Lamborghini M191L

Think of Italian Formula One teams and Ferrari is first and foremost to come to mind. But the Prancing Horse team is not the only game in town. What is today known as Scuderia Toro Rosso was once, and for two decades, known as Minardi. And for one (unfortunately unsuccessful) season, it was powered by Lamborghini.
That season was 1992, when Christian Fittipaldi (Emerson's nephew) drove for the team, substituted by Alex Zanardi for a few races and teamed up with Gianni Morbidelli - the Italian driver who just took the Superstars championship this past weekend.
Alongside the Modena team it supplied the year before (to even less success), the Minardi partnership was one of only two Italian teams which the F1 division established at Lamborghini under Chrysler ownership would motivate power. It yielded a sixth-place finish at the Japanese Grand Prix as its best result, but the coupling of an Italian engine in an Italian chassis is what makes it stand out in history. Valentino Balboni drove it for demonstration events at Road Atlanta and Sebring, and now that car is up for auction on eBay Motors.