Ferrari 355 Spider Hre Wheels Mint Condition Not 348 360 on 2040-cars

Auto blog

Ferrari CEO confirms hybrid model will be revealed this month

Ferrari confirmed it's going to reveal a hybrid supercar before the month is over in its Q1 2019 financial call. CEO, Louis Camilleri made the statement. "The second model will be presented at the end of this month, with the world premiere held here in Maranello. As we have stated previously, it will be a top-of-the-line hybrid with supercar performance and a true beauty," Camilleri said. The Motley Fool posted a transcript of the entire earnings call online, and Motor1 initially reported the news. We knew a hybrid supercar was on its way, but now we know it's for sure happening this month from Maranello. The most recent rumors and reports concerning this car was that it would be a twin-turbo V6 with a combined system output of 723 horsepower and 800 pound-feet of torque. A V8 hybrid powertrain in a different model is also expected to be revealed at some point, but that's reportedly going to come after the V6. Camilleri went on to say that this car "will be above the 812 Superfast. So it's not a 488 replacement per se." The 812 Superfast has supercar performance from its 6.5-liter V12, but it's more of a grand tourer in the Ferrari lineup. And the F8 Tributo was just released as the 488 GTB's successor, so it's more likely to be similar to the 812 with a different powertrain. Sitting above the 812 Superfast is no small chore, though, as that car makes 789 earth-shattering horsepower and 530 pound-feet of torque. Ferrari has dabbled in a hybrid powertrain before with the LaFerrari. That car had a 6.3-liter V12 supplemented by a HY-KERS unit, providing an extra 161 horsepower and 199 pound-feet of torque from its electric motor for a grand total of 950 ponies and 715 pound-feet of torque. This hybrid Ferrari will certainly be less powerful than that, but we don't know exact layout or function of the new system Ferrari is going to use yet. Watch out toward the end of May for this electrified Ferrari to finally make its debut.

5 highlights from the 2018 Petersen Automotive Museum Auction

From the avant garde exterior design to the collection of vehicles between the walls, the Petersen Automotive Museum in Los Angeles is one of the coolest car museums in the U.S., and possibly the world. Among several others, the Petersen has two featured exhibits, The Porsche Effect and Legends of L.A. But the museum has a different type of viewing coming up at which you could touch, or even buy, a variety of special vehicles. After hosting its SoCal auction on the coast in Santa Monica for several years, RM Sotheby's has moved the event to the more central location of the museum. In addition to several works of art, the auction which takes place the weekend of December 7, will show several dozens of blue-chip vehicles, chosen by RM Sotheby's 30 car specialists. After sorting through lots that range from microcars to new-age supercars, here are five of the highlights that caught our eyes. 1956 Ferrari 290 MM by Scaglietti Projected Value: $22,000,000-$26,000,000 Without question, this is the crown jewel of the entire show. As the eldest and most experienced of the 11 total Ferrari lots, its estimated value of $26 million is more than five times the values of the other five cars listed below combined. From the jump, Ferrari threw the 290 into the line of fire. Starting its life with a four-cylinder 860 Monza engine and a Tipo 520 chassis, its first race was the Mille Miglia. Peter Collins was behind the wheel and racing photographer Louis Klemantaski was his copilot. Ferrari took the top five spots in the race, with this car, chassis No. 0628, finishing second. It went on to see multiple races and took on multiple forms, including a V12 swap at one point. After switching through the hands of multiple owners, it was sent to Ferrari Classiche in Maranello, where it was restored to its form at the time of the 1957 12 Hours of Sebring. It retains its original chassis, original bodywork, and original transmission, and houses the V12 from its 290 MM spec. The restoration was completed in 2015, and the car remains in incredible shape today. 1971 Lamborghini Miura P400 SV by Bertone Projected Value: $2,100,000-$2,500,000 Simply put, the Miura is one of the most significant supercars, and therefore one of the most important cars, of all time. Its two-seat, mid-engined configuration seismically shifted what a performance could and should look like, and its V12 gave it the power to be the fastest car in the world when it debuted.

Ferrari reports fewer sales, more profit to prove strategy is working

Ferrari's angle of emphasizing exclusivity by limiting deliveries is appearing to bear fruit. The company posted a 7.1-percent increase in revenues to 1.7 billion Euros ($2.2 billion at today's exchange rates) during the first half of 2013. Net profits, meanwhile, saw a jump of 20 percent to 116.2 million Euros ($153.5 million). The Prancing Horse delivered 3,767 cars, which, while an increase of 2.8 percent, represents a rate of growth that's slower than in the first quarter of 2013.
While Ferrari may be actively trying to slow its sales down to below 7,000 in 2013, it's seen increased numbers in the US, Great Britain and Germany, along with double-digit growth in the Middle East and Japan (39 percent and 28 percent, respectively).
The move to limit sales should have a greater impact on the numbers that come in later this year, which we told you about back in May. Ferrari's controversial move has already seen a drop in sales to China, which saw 50 fewer Prancing Horses than this time last year.