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New Ferrari 488 variant spied at the 'Ring

Most Ferrari models eventually give birth to various special-edition or short-run variants. The Ferrari F12berlinetta gave way to the F12tdf. The Ferrari 458 Italia signed off with the wonderful 458 Speciale. It looks like the Italian automaker's current mid-engine V8 offering, the 488 GTB, is ready to spawn a variant of its own. Exactly what the model might be remains to be seen. There are plenty of rumors surrounding the car. This could be a focused, track-ready version in the vein of the 458 Speciale. If that's the case, look for more power, less weight, and improved aero. The car should pack bigger brakes, a stiffer suspension, revised tuning, and a bare-bones interior. There are also rumors that the car will pack a KERS system similar to the one run on Ferrari's Formula 1 cars. That should provide an extra bit of electrical boost. A car like this is almost a given. The past few mid-engined Ferraris have all had a high-performance variant. Then again, this car could also be the lower-powered, less-expensive Ferrari Dino that's been whispered about for a while. If that's the case, look for a lower horsepower V8 (or even a V6, if Ferrari would be so bold). It would likely stack up against the McLaren 570S and Lamborghini Huracan 580-2. This may come as a shock to some, but Ferrari has made no bones about expanding production. A relatively low-cost model could easily boost sales. The car in these photos gives no real indication as to what it may be. There's thin plastic camouflage covering most of the car. As always, it's difficult to tell what may have changed, but it looks like there have been revisions to the front bumper. The glass over the engine cover has been draped with a thin sheet of plastic, hiding what rests beneath. Ferrari has been mum on the model, but this isn't the first time we've seen the car out. Look for more news this fall. Related Video: Featured Gallery Ferrari 488 spy shots View 14 Photos Image Credit: Car Pix Spy Photos Ferrari Coupe Performance Supercars ferrari dino ferrari 488 ferrari 488 challenge

Ferrari 458 with $1M wheels still hasn't found a buyer [w/video]

Rule number one of modifying a car: When it comes time to sell, people want to pay for the car, and could care less how much you spent in the aftermarket. This is a lesson that the guys at Latitude Wheels in Miami are currently learning.
The wheel company's "flagship show car," a 2011 Ferrari 458 Italia was put up for sale on eBay weeks ago, as reported by Jalopnik. The price? Just a shade under $1.3 million. For a 458 Italia. That normally starts around $230,000. Yeah.
Latitude justifies the car's price based on a very expensive set of wheels. To be exact, the 21-inch fronts and 22-inch rears are forged Vossen Precision Series wheels. Mounted on Pirelli rubber, Latitude claims the package is worth over $1 million. Add onto that the $20,000 in Novitec Rosso carbon fiber pieces - none of the fun, performance stuff Novitec is known for - and you come to an eBay starting price of $1,290,000.

Lewis Hamilton wins in Hungary to stretch F1 title lead over Sebastian Vettel

BUDAPEST (Reuters) - Formula One world champion Lewis Hamilton won the Hungarian Grand Prix from pole position for Mercedes on Sunday to go into the August break with a 24-point lead over Ferrari rival Sebastian Vettel. Vettel was runner-up in Hungary, 17.1 seconds behind, and survived a late collision with Hamilton's team mate Valtteri Bottas who also banged bodywork with Red Bull's Australian Daniel Ricciardo. The victory was Hamilton's record sixth in Hungary, fifth of the season and 67th of his career. Ferrari, mourning the death of former chairman Sergio Marchionne, had Kimi Raikkonen finish third to complete a podium of champions on a dry and sweltering afternoon at the Hungaroring outside Budapest. In a race effectively decided by Saturday's wet qualifying, when Mercedes locked out the front row of the grid against expectation, Hamilton was never challenged. "We came here knowing Ferrari would be really quick this weekend so to come out with these points, we'll definitely take it as a bonus," said Hamilton in a pitlane interview after embracing team members. "I'm really happy with how strong it's come in the last couple of races. We've got to come strong in the next half," added the 33-year-old, who won in Germany from 14th place on the grid a weekend earlier. After 12 races, Hamilton has 213 points to Vettel's 189. Tire strategies were also crucial at a relatively slow and twisty circuit where overtaking is always difficult, with track temperatures hovering around 50 degrees Celsius. Vettel started on the softs and went for a longer first stint than Mercedes, worried by Ferrari's quick getaways, who opted for ultrasofts that were quicker at the start but faded more rapidly. Lining up in fourth place on the grid, Vettel grabbed third from Raikkonen immediately but could not find a way past Bottas who slotted in behind Hamilton as a defense against the red threat. "We were out of position. I think we could have gone with Lewis today with the race pace," said Vettel. "P2 is not really what we wanted this weekend but I think it was the maximum today." ANGRY VERSTAPPEN Raikkonen, without water during the race after Ferrari forgot to connect the bottle, made two stops and agreed third – his fifth successive podium finish – was the best he could have hoped for in the circumstances. "We caught up with Bottas after the first stop but there was no chance to overtake. So our option was to stop again and try again.