Low Mileage 2004 575 F1 on 2040-cars

Auto blog

White Christmas: Miami Vice Ferrari Testarossa on eBay for $1.75M

Were the eighties responsible for more iconic television cars than any other decade? Without even thinking about it we can reel off B.A. Baracus' GMC van, the Knight Industries Two Thousand and General Lee, Hardcastle and McCormick's Coyote, Magnum P.I.'s Ferrari 308. That's before we dip into personal favorites like The Fall Guy's GMC and the Dodge Ram Power Wagon from Simon and Simon, or hop over to cartoons like Transformers, the GoBots and MASK. And then there was this, among the top rung of eighties memorabilia, a 1986 Ferrari Testarossa claimed to be one of two used in Miami Vice. You'll remember that the show began with James "Sonny" Crockett driving a black Daytona Coupe, but it was a replica built on C3 Corvette running gear. The story is that Ferrari sued the replica maker and made the show's producers an offer: blow up the replica on the show in return for two Testarossas to use. And that, it's said, is how Crockett's convertible got hit by a missile during an undercover assignment with an arms dealer. The original cars were Carbon Black, but the show's cameras couldn't keep up with them at night, so director Michael Mann had them painted white. For sale on eBay with a Buy It Now price of $1.75M, the seller says he has the all of the service history paperwork and documentation from Ferrari North America. According to the seller, he bought it about three years ago; before that, it was last sold in 1991 and sat in a Miami garage for years, so it has 16,000 miles on the odometer. The Hagerty Price Guide Report shows Testarossa values have nearly doubled in four years, but a pristine find should still only fetch about $93,500, just to make sure you're clear on the seller's Hollywood premium. Nostalgia awaits you in the gallery, and perhaps a new car at the link. Featured Gallery 1986 Ferrari Testarossa from Miami Vice View 12 Photos News Source: eBay via Car and Driver TV/Movies Ferrari Auctions Coupe Luxury Performance eBay ferrari testarossa

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.

Ferrari to launch new model every year, keep production limited

You've no doubt perused the big news coming out of Fiat-Chrysler's headquarters in Auburn Hills, MI today. But at the end of the brand discussions, Sergio Marchionne spoke briefly about an incredibly important, low-volume part of the Fiat-Chrysler empire: Ferrari.
"You do need one of these cars in your driveway," Marchionne joked. And while other brand heads today lined out detailed plans for future product, Sergio's words about Ferrari's next five years were very simple, and very vague.
Marchionne confirmed that Ferrari will launch a new car every year between now and 2018. The cars will have a four-year lifecycle, after which, "M" versions will be produced, with a separate four-year cadence. No specific models were mentioned during Marchionne's presentation.