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This 1991 Ferrari 348tb was purchased from the Mercedes dealer in Hagerstown, MD, in November of 2007. The car did not have any mechanical records at the time, but there are good records of the work done since then.

The exterior of the car is finished in "Corso Rosso" and was repainted sometime in 2007, shortly before the car was purchased. The repaint was not done to Ferrari standards, but the paint itself is in good shape with some stone chips on the front and a spot over the front right wheel well that need touch up. The four wheels are in very good condition. The front tires are new (replaced at 40,578 miles). The rear tires have good tread but are old and should not be trusted if racing the car. The doors are solid but the passenger door could use a minor alignment adjustment. The power windows work well, as an accelerator was installed in 2009 to speed up the notoriously slow window up/down process this model has become known for.

The interior is in average condition for a car of this age and mileage. The dash vents have all been renovated as they were suffering from Ferrari's "sticky plastic" problem. The carpet and mats show wear, but they are clean and without holes or stains. The tan leather on the dash and doors in is great shape. The seat leather does show some wear, particularly the driver's seat. That seat has been "re-dyed" at some point in the past and you can tell that the dye is beginning to wear through and there are clear signs of age on the driver's bolster. The headliner, both cloth and leather, is in great shape.

Mechanically, this car is in great shape. The engine out belt service was executed at 40,214 miles by Ferrari of Washington shortly after purchase and the engine still screams today. The clutch was worn when the car was purchased and a new clutch was installed at 40,783 miles. The exhaust was also bad upon purchase and was replaced at 41,251 miles. The A/C was completely rebuilt in June 2012.

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Ferrari Testarossa featured in retrospective by owner Harry Metcalfe

Fri, 24 Oct 2014

Harry Metcalfe, of Evo fame, got our attention earlier this week with a review of the 1954 Series I Land Rover. Today, he's gone a bit more... '80s.
Yes, this is a 1987 Ferrari Testarossa, one of the most vulgar cars from a decade synonymous with vulgar design. While your author might not be keen on its square rear end and cheese-grater doors and fenders, Metcalfe seems to like it quite a bit, giving a detailed walkthrough of his Rosso Corsa subject. That walkthrough includes some time on a subject we can certainly get behind - the TR's flat-12 engine.
Take a look at the latest from Harry's Garage.

Race Recap: 2013 Italian Grand Prix is mistakes, gremlins and metronomes [spoilers]

Sun, 08 Sep 2013

The low-downforce, 5.793-kilometer circuit in Monza, Italy is known as the Temple of Speed, but only a few of the qualifying performances would have clued you into it. Sebastian Vettel and Mark Webber in the Infiniti Red Bull Racing chassis' lined up first and second, and it didn't seem like Vettel had to work too hard to do so. Nico Hülkenberg truly lived up to his nickname, The Hulk, and put his Sauber third on the grid, a massive drive and turn-of-speed that even he didn't expect, especially with his teammate Esteban Gutiérrez down in 13th.
The rest of the top ten was what you might expect. Shenanigans at Ferrari ended up with Felipe Massa out-qualifying Fernando Alonso for fourth and fifth, a situation that led to Alonso calling his team either "stupid" or "genius," depending on how you translate his Italian, his sarcasm and his honesty. They were followed by Nico Rosberg in the Mercedes-AMG Petronas, the soon-to-be Infiniti Red Bull driver Daniel Ricciardo in the Toro Rosso, the McLaren duo of Sergio Perez and Jenson Button and the second Toro Rosso of Jean-Eric Vergne.
Why wasn't Kimi Räikkönen at Lotus in that group? Because his car only had the pace to make 11th on the grid, so he said. And behind him, Lewis Hamilton - who "drove like an idiot," in his words - in the second Mercedes.

Ferrari officially files SEC paperwork to register future IPO

Thu, Jul 23 2015

Late last year FCA announced plans to spin off Ferrari into a separate company, and after a long wait that process has finally become official. The Prancing Horse has now filed the necessary prospectus and other documents with the Securities and Exchange Commission to hold an initial public offering on The New York Stock Exchange. The paperwork doesn't mention a specific date for the Italian sportscar maker's IPO, but it's expected sometime in October. At this point, the documents also don't include some other vital data about the IPO. Ferrari lists neither the number of shares being offered nor their price. The company also doesn't have a stock symbol yet. UBS, BofA Merrill Lynch and Santander are acting as joint book runners for the deal. As part of the IPO, FCA initially intends to sell 10 percent of Ferrari's shares on the stock market. Another 10 percent of the company still belongs to Piero Ferrari. FCA is holding onto the remaining 80 percent in the short term for financial reasons but intends to distribute them to shareholders in early 2016. After the spin-off, about 24 percent of Ferrari would be owned by Exor, 10 percent by Piero Ferrari, and 66 percent by public shareholders, according to the SEC documents. FCA boss Sergio Marchionne believes that Ferrari could be worth over $11 billion. Although, his estimate might be slightly high. According to Reuters, Wall Street is actually putting the value somewhere between $5.5 billion and $11 billion. If you're thinking about investing in the company or just want to read the nitty-gritty about the brand's financial health, the entire SEC filing can be read here. Ferrari Files for Initial Public Offering LONDON, July 23, 2015 /PRNewswire/ -- Fiat Chrysler Automobiles N.V. ("FCA") announced today that its subsidiary, New Business Netherlands N.V. (to be renamed Ferrari N.V.), has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ("SEC") for a proposed initial public offering of common shares currently held by FCA. The number of common shares to be offered and the price range for the proposed offering have not yet been determined, although the proposed offering is not expected to exceed 10% of the outstanding common shares. In connection with the initial public offering, Ferrari intends to apply to list its common shares on the New York Stock Exchange.

Red 348tb; Not Perfect, But A Great Driver; New Clutch@40783; New Exhaust@41251 on 2040-cars

Ferrari 348 for Sale