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Hennessey twin-turbo Ferrari 458 boasts 738 hp, 0-60 in 2.8 seconds

Hennessey Performance Engineering, hot off the heels of its Bugatti Veyron-crushing Venom GT, set its sights on modifying one of the finer Ferrari models. The resulting HPE700 Twin Turbo 458 is a badder, faster 458 Italia with a twin-turbo upgrade that adds 168 horsepower to the already potent 4.5-liter V8. That's 738 hp, which, paired with the extra 134 pound-feet of torque, for a total of 532 lb-ft, is good for a 2.8-second 0-60 run.
Low-inertia ball-bearing turbochargers are used to boost the power, and an air-to-water intercooler makes sure the air surging into the combustion chambers is as cool and dense as possible. Twin wastegates and blow-off valves relieve extra boost pressure and, in addition to a new stainless-steel exhaust system, add some new noises to the 458's soundtrack. The V8 is boosted to a relatively mild 7 psi maximum and maintains 6 psi on its way up to redline. A reflash of the engine control unit brings the package together. HPE is confident enough about its wares that the $59,995 upgrade also comes with a one-year/12,000-mile warranty.
The HPE700 Twin Turbo 458 is set to be unveiled on Friday at the Concorso Italiano located at the Laguna Seca Golf Ranch, which is part of California's Monterey Car Week festivities. It also can be viewed on Saturday in the paddock at Mazda Raceway Laguna Seca for the Monterey Historics Rolex Monterey Motorsports Reunion vintage car races. Check out the press release below for the full details, as well as a video of the Ferrari in action.

Glickenhaus' FIA championship-winning P4/5 Competizione comes home [w/video]

The sexy Ferrari P4/5 Competizione, a cross between the lightweight F430 Scuderia and the race-only F430 GT2 with special Pininfarina bodywork, spent some time in Europe notching a few race victories. But it finally has made its way back to the US and into owner Jim Glickenhaus' collection, where it met its sister car and inspiration, the original P4/5.
During its short-but-sweet two-year racing campaign, it competed in just two races but left a big impact. We'd call any lap of the Nürburgring that's under seven minutes a victory, but, with the help of a hybrid drivetrain, the P4/5C qualified for the 2012 Nürburgring 24 Hours with a lap of 6:51. That's faster than any Ferrari-powered vehicle has ever gone around the 'Ring. The car then went on to win the EXP-1 class (for experimental vehicles), for a World Championship, and finished the race 12th overall in a field of 170 cars. Not bad at all.
For those who haven't kept up on the P4/5C, the hybrid powertrain was introduced to the one-off racecar for 2012 after it had attempted the Nürburgring 24 Hours in 2011 with negligible results. A Ferrari 4.0-liter V8 was joined by a Formula One-style Kinetic Energy Recovery System (KERS), good for a combined 563 horsepower.

Road & Track names its 2013 Performance Car of the Year

Road & Track recently staged its first annual Performance Car of the Year test, pitting 13 new and updated performance cars against each other on track, then graduating the top six to a road test before picking a winner. Additionally, the magazine staff picked the best automobiles of the year in eight categories.
But first, let's cover the PCotY segment. Here's the list of cars brought to the comparison test: Audi R8 V10 Plus; BMW 435i; BMW M6 Competition Package; Chevrolet Corvette Stingray Z51; Ferrari F12 Berlinetta; Ford Fiesta ST; Jaguar F-Type V8 S; Jaguar XFR-S; Mercedes-Benz E63 AMG S-Model Wagon; Mercedes-Benz SLS AMG Black Series; Mini John Cooper Works GP; Nissan GT-R Track Edition; and Porsche Cayman S.
To find out the results of the comparison, head over to Road & Track's website or check the press release below, where you'll also find the magazine's top-rated vehicles in eight categories. Want more? Head over to the 2013 PCotY hub. But before you do that, take a stab at guessing the winner of PCotY (we'll give you one hint: it isn't a Porsche).