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Ferrari will increase production by 30% to 9,000 cars per year

After 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:

Mick Schumacher in F1 Ferrari test scores second-fastest lap at Bahrain

MANAMA, Bahrain — Mick Schumacher, son of seven-times world champion Michael, made his Formula One test debut for Ferrari in Bahrain on Tuesday and lapped second fastest behind Red Bull's Max Verstappen. On a surprisingly wet day at the same track where his father won the first grand prix in the Middle East with Ferrari 15 years ago, Schumacher was 0.597 seconds slower than the 21-year-old Dutchman. His time of 1 minute 29.976 seconds was set on the softest, and fastest, C5 tires — softer than anyone else's — and he completed 56 laps on a day where track time was limited by bad weather washing out much of the middle of the day. "I really enjoyed today. It felt like home in the garage from the very first moment with a lot of people that know me since I was very young," he said. The 20-year-old German, who made his Formula Two debut at the Sakhir circuit over the weekend and finished eighth and sixth in the two races, had been top with five minutes remaining before Verstappen went faster. It was still the first time since 2012 that a Schumacher had led an official Formula One time chart. "The SF90 is incredible because of the power it has, but it is also smooth to drive, and that's why I enjoyed myself so much," said Schumacher. "I was impressed by the braking power an F1 car has. It seemed to me you could brake later and later and the car would have made the turn anyway." The reigning European F3 champion will also test with the Ferrari-powered Alfa Romeo team (formerly Sauber) on Wednesday. Tuesday's test was Mick's first experience of a modern F1 car, although he did drive his father's 1994 title-winning Benetton at the Spa-Francorchamps circuit before the 2017 Belgian Grand Prix. Michael Schumacher, who still holds the record of 91 grand prix wins, won five of his titles with Ferrari in a golden period from 2000 to 2004. He last raced for the team in 2006 before a comeback with Mercedes from 2010-12 and has not been seen in public since he suffered severe head injuries in a skiing accident in the French Alps in December 2013. Mick, who joined the Ferrari academy in January, was the only debutant on track in a rain-hit session that followed Sunday's second grand prix of the season. Lewis Hamilton, Sunday's race winner for Mercedes after Ferrari's Charles Leclerc suffered a late engine problem, was sixth fastest.

Ferrari SF-15T will look to reclaim former F1 glories in 2015

The parade of cars for the 2015 Formula One World Championship continues apace, as Scuderia Ferrari has unveiled the vehicle that fans of the Italian team will doubtlessly be hoping drivers Sebastian Vettel and Kimi Raikkonen will pilot to victory. After the questionable styling of last year's vehicles, this new Ferrari continues the trend of more aesthetically pleasing designs. The vacuum-cleaner-like snout of last year's F-14T has been replaced with a longer, rounded bill that feeds more gracefully towards the cockpit. The new front end is arguably the most noticeable change for 2015, while changes elsewhere on the open-wheeler's body are mere evolutions of last year's design. In fact, that's kind of the theme around the SF-15T. The brake-by-wire system, clutch and gear ratios (which are locked after the first race) have all been optimized based on last season's experiences, while the weight of the car has increased by just 11 kilograms, as per sporting regulations. Take a look at Ferrari's batch of images showing its new challenger, and let us know whether you think this new design will fare better than last year's troubled F-14T. TECHNICAL FEATURE OF THE SF-15T The SF15-T the sixty first car built by Ferrari specifically to take part in the Formula 1 World Championship. It is the second car made by Ferrari since the reintroduction of turbo engines in 2014. The first year of these new regulations was extremely challenging for the Scuderia and the lessons learned have been applied vigorously to the SF15-T to create a car that is in every respect a large step forwards with respect to the F14-T. Chassis The most striking visual difference between the SF15-T and its predecessor is the lowering of the front end of the car in accordance with the change of regulations for the 2015 season. After a few seasons of rather unappealing aesthetics, the 2015 rules permit the SF15-T an attractive nose shape which also brings excellent aerodynamic performance. Aside from the nose area, the regulations for 2015 are largely unchanged. This has given the Team a stable base on which to engineer a much stronger chassis than the year before: A casual glance at the back of the car reveals a much more tightly packaged rear end which allows more downforce to be extracted from the critical surfaces around the rear of the car. The rear wing family has been extensively redesigned to deliver stable performance in corners while producing a larger DRS effect on the straights.