1999 Ferrari F355 Spider Fiorano #89/100 Black Metallic Natural Only 12000 Miles on 2040-cars

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Ferrari to keep CEO Amedeo Felisa post spin-off

Ferrari is undergoing a big shakeup, and not just on the Formula One racing grid. It's just parted ways with its longtime chairman, is being spun off from the rest of the Fiat Chrysler Automobiles group and will soon launch its initial public offering on the stock market. But one thing it's not about to change at this point is its CEO. Speaking to journalists in Milan this past Friday, FCA chairman John Elkann said, "There will be no CEO change," indicating that the job of chief executive Amedeo Felisa is secure for at least a while longer. After two decades at Alfa Romeo, Felisa joined Ferrari back in 1990, was named general manager in 2006 and chief executive in 2008. In that capacity, he's always reported to company chairman Luca di Montezemolo, whose place was recently taken by Sergio Marchionne. It remains unclear, however, just how directly involved Marchionne will remain in the Prancing Horse marque, especially after the spin-off, and what that would mean for Felisa. In launching the IPO, Ferrari could institute a loyalty scheme that would award additional stake to the company's oldest and largest shareholders – which would only further entrench the holdings of the Agnelli family which Elkann heads and which stands to become the largest stakeholder in Ferrari after its separation from the rest of the group.

Ferrari 458 M spotted, is there a turbo under there?

While it's still absolutely beautiful and a performance marvel (especially in Speciale trim), the Ferrari 458 Italia has to keep up with the rapidly evolving world in supercars if it wants to continue its success. Ferrari seems to know that it can't sit back and relax, because we're now seeing a disguised 458 testing for the second time.
Since we first saw it, rumor has emerged that it updated 458, reportedly called 458 M, may follow the lead of the recently revised California by using its turbocharged 3.9-liter V8 engine. The mill makes 553 horsepower and 557 pound-feet in that application, but those numbers clearly won't be enough for the Prancing Horse, because the standard 458 already makes more. Instead, Ferrari is expected to turn things up significantly to produce around 670hp, even more than the already gutsy Speciale.
Of course, to make the big change work, the 458 M must be able to ingest huge quantities of cool air to feed those turbos, and the camouflage on this test car is likely hiding the body changes to make that possible. Ferrari does a great job here of disguising things up front on this prototype, making it frustratingly hard to spot any changes.

Shell Ultimate Automotive Enthusiast contest returns to send winner to Barrett-Jackson and Maranello

The first Shell V-Power Ultimate Enthusiast contest was held last year and sent finalists to a VIP experience at the Barrett-Jackson auction in Scottsdale, while the grand prize winner went to Maranello, Italy for some intimate time with Ferrari. The Dutch member of the seven sisters is doing it again this year: from now until September 17 anyone who wants a chance to live the same adventure can submit stories and photos that prove why they're the ultimate enthusiast.
Among the judging panel will be Roger Penske, Craig Jackson of Barrett-Jackson, drag racer Don Prudhomme, Tony Marini of Hot August Nights, Car and Driver chief Eddie Alterman, Road & Track honcho Larry Webster and last year's contest winner Harold Craige (pictured above with his wife at Fiorano).
Anyone in the US is welcome to submit. Three finalists will be flown to Scottsdale for a three-day VIP tour of Barrett-Jackson's January action, and they'll get a year's worth of V-Power premium gasoline. The grand prize winner will be announced in Arizona, and that person will get a week in Italy to explore the Ferrari factory complex and drive one of the company cars on the Fiorano track. Having been to the Maranello factory ourselves, we can attest that it's a bucket-list item for anyone who truly digs cars.