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Valet gives Ferrari 458 keys to wrong Florida man

A Florida man is suing a resort and valet company after a valet attendant gave the keys to his yellow 2014 Ferrari 458 Spider to the wrong man, who then took it on a joyride in what police believe was an attempt to impress a woman. Because of course it was. The mishap dates back to July 2017 at the Vinoy Renaissance St. Petersburg Resort & Golf Club. According to the Tampa Bay Times, the valet attendant told police things got very busy, and that at some point, a man, identified as Levi Miles, then 28, asked for keys to the Ferrari. He was accompanied by a woman, identified as Chloe Rimmer, 24. In the police report, the man "seemed to be impatient" and was "demanding," the Times reports. He told the valet the ticket was inside the car and that he would bring it back. Instead, the valet told police the two sat in the Ferrari for "quite a while." Figuring he wasn't getting a tip, he stopped paying attention, and the couple eventually drove off. Police soon pulled them over as they prepared to get on a freeway ramp because the taillights weren't working. Police also said the driver appeared to be having "difficulty" driving the car. So basically, had he known how to turn on the lights and was capable of driving the thing (admittedly, Ferraris can be tricky), this plan totally would've worked. For a bit longer at least. Then again, the police also found about 2 grams of cocaine on the center console so that might've had something to do with the driveability issues. Police eventually arrested Miles and Rimmer. He had told the officer he was a Marine driving his father's car. He denied knowing about the drugs. He reportedly acknowledged trying to distract the valet attendant from demanding the valet ticket and said he knew the car wasn't his. "Miles stated the vehicle and keys were given to him by (the) valet," the report reads, "so technically he did not steal the vehicle." Miles faces charges of grand theft of more than $100,000, possession of cocaine and habitually driving with a suspended or revoked license. Rimmer was charged with possession of marijuana after police found a gram of it in her purse.

Ferrari stock demand exceeding supply

As with the Ferrari cars, so it is with shares in the company's initial public offering: When Ferrari has a limited quantity of something to sell, demand far outstrips supply. Investors told banks weeks ago that bids for the $1 billion in stock – up to 18.89 million shares – would exceed the number of shares available over the entire expected range of $48 to $52. Ten percent of the company is going on the block' Bloomberg reports that the books close on the IPO on Monday at 4:00 pm. The final price will be set on Tuesday, and trading will begin Wednesday under the ticker symbol RACE on the New York Stock Exchange. Piero Ferrari, the son of Enzo Ferrari, will hold onto the ten-percent stake he currently has in the company. Fiat Chrysler will disburse the final 80 percent to its investors sometime in 2016. In combination with spinning Ferrari off from its parent company next year, the share sale is expected to put $4 billion into Fiat Chrysler coffers, which will be used to help fuel the growth of Alfa Romeo, Jeep, and Maserati. Assuming all goes to plan, Bloomberg says Ferrari will be valued at roughly $12 billion, a number $1 billion greater than the valuation Fiat Chrysler CEO Sergio Marchionne put on Ferrari earlier this year and higher than the brand's own internal assessment. Related Video:

Ford GT40 makes historic return to racing at Goodwood

Is there a more iconic, American racecar than the Ford GT40? That may be a discussion for another day (although by all means, tell us how wrong we are in Comments), but this video of heaps of GT40s running in the Goodwood Revival races certainly has us thinking that Ford's Ferrari-killer might just be the best racer the Land Of The Free and Home Of The Brave has ever come up with.
That's completely ignoring the fact that the GT40 was largely developed by Brits using American money, but that's besides the point (there was also a rather brash Texan, who had a big role later in development). The resulting vehicle was dominant, besting the cars of Il Commendatore from 1966 to 1969, although it should be noted that Ford's GT40 was unable to beat Ferrari in its first two Le Mans outings in 1964 and 1965.
Those four years of dominance, which started with Ford sweeping the podium, were enough to establish the GT40's legend. And now, here we are almost 50 years later, celebrating the mid-engined monsters at Goodwood, in their first ever one-make race. Take a look below for the entire video.