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Ferrari 488 GTE and GT3 unveiled at Mugello

Ferrari is preparing its latest assault on sports car racing with new racing versions of the 488 GTB. Presented over the weekend at Mugello, the lineup includes both GTE and GT3 racers to replace the current models that were based on the 458 Italia. Though little in the way of details were revealed at the vehicles' presentation, the principal change they present over the accomplished versions they replace are their new turbocharged engines. The 3.9-liter twin-turbo V8 replaced the 4.5-liter atmospheric V8 in the road-going version, and is now carried over to the race track as well. Output will, of course, be catered to the regulations pertaining to both classes. Not to be confused with the Volkswagen's hybrid lineup, GTE is the category that replaced the previous GT2 class, and with it absorbed the defunct GT1 class, as well. It's run principally at Le Mans and its associated championships, and the outgoing Ferrari 458 Italia GT2 has proven a force to be reckoned with. That car took top honors in its class every year since the inception of the FIA World Endurance Championship, and won its class twice at Le Mans. Its turbo successor will have quite a challenge in keeping up that legacy. The GT3 class, meanwhile, is a step below, running in the Blancpain Endurance Series, Pirelli World Challenge, and the like. Here the teams running Ferrari equipment could use some extra help, and the new 488 GT3 aims to deliver that competitive edge to get ahead of rivals. Those include GT3 racing versions of the Aston Martin V12 Vantage, Audi R8, Bentley Continental GT, Lamborghini Huracan, McLaren 650S, Mercedes-AMG GT, Nissan GT-R, and Porsche 911 (to name just a handful). Ferrari presented the pair at its end-of-year Finali Mondiali event, which wraps up the various regional Ferrari Challenge series run around the world. This year's was held this weekend at the Mugello circuit in Italy. Last year's was in Abu Dhabi where the FXX K was revealed. The previous year's was also held at Mugello, where the current 458 Challenge Evoluzione was presented. The 2016 event is scheduled to be held in North America for the first time at Daytona the weekend of December 1-4, 2016. With the GTB, Spider, GTE, and GT3 variants now presented, the next step in the fleshing out of the 488 lineup will be to present the new Challenge racer for the company's own spec racing series.

The 11 best scenes from the 2015 Goodwood Festival of Speed

Over the last three days, the Goodwood Estate has played home to the eponymous Festival of Speed. Thrown by the biggest gearhead in the British aristocracy – Charles Gordon-Lennox, the Earl of March and Kinrara – the Festival of Speed is essentially a tremendous, gasoline-fuelled party, complete with a very large lawn sculpture, that features the world's hottest, weirdest, fastest, and loudest race, production, and historic models. While there are quite literally dozens and dozens of videos from the event – not to mention the full-day replays (of which only day one is available, at present) – we've sifted through them to pluck away the very best. There's stuff from the official Goodwood YouTube channel, as well as several videos from automakers and other third-party channels, and it's all available below. 2015 Ford Mustang GT350R Looks Barely Controllable If you thought the highest-performance Ford Mustang would somehow get more tractable or civilized once it moved to an independent rear suspension, this video shows you have nothing to worry about. Watch as an unnamed driver wrestles the new Shelby GT350R and its flat-plane, 5.2-liter V8 up the hillclimb circuit. Even with the new suspension and sticky tires, this Mustang wants to go any direction but straight, especially following its launch. 2016 Ford Focus RS, Is Very Loud, Blue Ken Block makes his first appearance on our list. Before he steps into his Hoonicorn Mustang, though, the Gymkhana expert tackled the hill in the all-new Focus RS. The vicious bellow of the 2.3-liter, turbocharged four-cylinder is the star of this commentary-free video, although the gorgeous Nitrous Blue paint job is a nice accompaniment, as well. 1965 Ford Mustang Hoonicorn Runs Hill, Nearly Kills Lord March Mr. Block's two runs behind the wheel of the Hoonicorn were, unsurprisingly, very eventful. While one attempt goes off without a hitch, seeing the American rally driver slip and slide his way to the top of the hill while taking a short break for a donut, the other is slightly more dramatic. Block, along with Lord March in the passenger seat, carries a bit too aggressive an angle into a turn and nearly puts the NASCAR-powered Mustang into the hay bales. Check out the first video above, and the second one below. Kimi Raikkonen Makes Us Miss F1's V8 Era The latest Formula One cars have been maligned for the lackluster noise produced by the new 1.6-liter, turbocharged V6.

Ferrari replaces F1 boss with Marlboro exec

Ferrari just finished its worst Formula One season in decades, and if you're thinking heads are going to roll, you're right. In fact they already have, as team principal Stefano Domenicali was dismissed earlier this year and longtime chairman Luca di Montezemolo was axed just two months ago. Now Maranello has announced a new team principal, yet again. Instead of promoting from within, however, this time Ferrari has called in an outside executive – albeit one with whom it is intimately familiar. His name is Maurizio Arrivabene, and he's served as a senior executive at tobacco giant Philip Morris International, managing (among other areas) the Marlboro brand's sponsorship of the Scuderia. In that capacity he's been sitting on the FIA's Formula One Commission as the sponsors' representative since 2010, giving him a familiarity with how the series is run. In his new capacity as Managing Director of the Gestione Sportiva and Team Principal of Scuderia Ferrari, Arrivabene replaces Marco Mattiacci, who was called up to the post from his previous position as head of the North American office just eight months ago. Back then Mattiacci replaced a similarly under-performing Domenicali. The change may very well have come at the behest (if not insistence) of Philip Morris, which remains the team's main sponsor and is undoubtedly displeased with Ferrari's performance lately. It wouldn't be the first time. After all, Marlboro similarly brokered the deal that put Ron Dennis in charge of McLaren in the early 1980s. Mattiacci's swift replacement comes at the end of a disastrous season for the Scuderia. Following yesterday's season finale in Abu Dhabi, Ferrari finished fourth in the constructors' standings behind Mercedes, Red Bull and Williams. The last time it finished the championship in such poor shape was in 2010 when Felipe Massa was injured and the team scrambled to find a replacement. But even then it managed to win at least one race and land on the podium another five times. Fernando Alonso finished on the podium only twice this season while Kimi Raikkonen struggled further back. This year marked the first time Ferrari failed to win a grand prix since 1993, and even then Jean Alesi and Gerhard Berger managed more podiums than the team scored this season.