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Ferrari reveals limited-edition Monza SP1, SP2 sports cars in Italy

Ferrari has revealed a pair of retro-inspired new vehicles to loyal customers at a private event in Maranello, and thanks to Instagram user Ferrari Icona, we know what they look like, and can discern a few details. The open-topped, limited-edition sportscars are the Monza SP1 and Monza SP2, a one-seater and two-seater done in the classic barchetta (Italian for "little boat") style of lightweight open-topped or convertible two-seaters. Per Reuters, they're part of a new segment dubbed "Icona," inspired by past Ferraris like the 250 Testa Rossa and based on the 812 Superfast. That car, a souped-up replacement for the F12 Berlinetta, features a 6.5-liter V12 that makes 789 horsepower and 530 pound-feet of torque, though there's no word on whether the engine specs for the new speedsters have received any upgrades. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Seating in both models is snug, with the driver and separate passenger compartments (the latter in the SP2 only) surrounded by carbon fiber, a console of controls to the right of the steering wheel, a yellow tachometer, racing seats and shoulder harnesses. We last heard the SP1 name back in 2008, when it debuted as a one-off built for a wealthy Japanese Ferrari collector. Ferrari Icona, who is not affiliated with Ferrari but was at the reveal event, reports the cars both have lightweight aluminum chassis. We'll have to wait for more details about the cars to emerge from Ferrari itself. Related Video: Featured Gallery Ferrari Monza SP1, SP2 Image Credit: Ferrari Icona/Instagram Ferrari Coupe Racing Vehicles Performance Supercars sports car limited edition barchetta ferrari 812 superfast Ferrari Monza SP1

Enzo Ferrari would have turned 120 yesterday

Former race driver-turned company founder Enzo Ferrari was born 120 years ago Sunday, and the Italian sports car maker is celebrating the anniversary with a photography exhibit of his life at the Enzo Ferrari Museum, on the site of his birthplace in Modena. The exhibit includes images of il Commendatore during various stages of his life, from childhood to his career as an Alfa Romeo race driver, then a manager and manufacturer. Ferrari died Aug. 14, 1988 at the age of 90. Born outside of Modena, Italy in 1898. His father, Alfredo, owned a small metal engineering shop that built bridges and roofs for the state railway. Enzo started out as an Alfa Romeo racing driver in 1924 but quickly transitioned to his true talent, preparing the race cars under the Scuderia Ferrari name. He ran Alfa Romeo's factory team before striking out on his own, first under the name Auto Avio Costruzioni in 1939, then as Scuderia Ferrari, which he founded in 1929 in Modena, fielding mostly Alfa racing cars and motorbikes. The 125 S was the first official car to bear his name in 1947, powered by a V12. Ferrari under his watch went on to produce other classics including the 288 GTO, the Dino series and the 365 Daytona. The iconic businessman reluctantly agreed to start producing street cars only thanks to the pleading of his accountants, who argued for the need for revenue to cover the overhead of racing and two different factories destroyed during World War II bombings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. According to a 1979 People Magazine profile, he once reacted indignantly to the distraught wife of a Ferrari race team driver who was anguished over her husband risking his life "for a hunk of iron." "It's not just a hunk of iron," Ferrari replied. "It has a heart and soul, and I give if life." Nowadays, Ferrari is looking to expand its product portfolio to hybrids and an SUV, the latter of which might've made Enzo squirm. "He was a man with extraordinary vision and ability to manage people and resources as well as a strong entrepreneurial spirit and exceptional courage," current Ferrari Chairman and CEO Sergio Marchionne said in a statement.

Why newly independent Ferrari may be forced into fuel-efficient cars

The repercussions from Ferrari's pending transition into an independent automaker won't be understood for some time, but one of the biggest consequences could be that the iconic Italian marque will be forced into building more fuel-efficient vehicles.
As Wired points out, while Ferrari built fewer than 7,000 cars in 2013, its status as a public company could trigger pressure from shareholders to build more six-figure supercars and grand tourers. In turn, doing so could lead the company afoul of US Corporate Average Fuel Economy standards, which dictate that any company that sells over 10,000 vehicles needs to maintain a certain fuel economy average across its fleet or risk fines.
With arguably its most popular model, the 458 Italia, hitting just 17 miles per gallon on the highway and its most efficient model, the turbocharged California T, stuck at 18 mpg, Ferrari isn't in a great place to hit the government's mandates (which are somewhat convoluted as Wired explains). The gist of the situation is that Ferrari will either need to continue limiting the number of vehicles it sells each year - a move that's certain to upset shareholders and irk its boss, Sergio Marchionne - or radically improve the fuel economy of its cars at the risk of performance. Rock, meet hard place.