1978 Ferrari 308gts Very Early Production Date on 2040-cars

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1990 Riva 32 speedboat is a 780 hp seagoing Ferrari

This is a 1990 Riva Ferrari 32, and it's going up for auction later this month in Monaco. The vessel resulted from a collaboration between the automaker and Italian shipyard Riva – which has also provided the basis for classic wooden speedboats for the founder of Lamborghini and the designer of McLarens. The Ferrari-influenced craft measures 32 feet in length with a pair of V8 engines under the aft deck capable of propelling it up to 60 miles per hour. Rather than make a marine version of one of its road-going engines, as Lamborghini has, the Riva Ferrari was powered by Vulcano 400 marine engines each displacing 8.0 liters and good for 390 horsepower. Only 40 examples were ever made, of which this is the 28th. RM Sotheby's anticipates it will fetch upwards of $200,000 when the gavel drops at Le Sporting in Monte Carlo, which is about what you'd pay for a California T these days. Matching red Wayfarers and gold Rolex not included. Related Video: Featured Gallery 1990 Riva Ferrari 32 View 20 Photos News Source: RM Sotheby'sImage Credit: Cymon Taylor / RM Sotheby's Ferrari Auctions boat RM Sotheby's

Faraday Future to hire former Ferrari exec Marco Mattiacci

Electric car manufacturer Faraday Future has lured a very big fish to its executive pond, hiring former Ferrari executive Marco Mattiacci, a source told Autoblog. Business Insider also reported the move. It's unclear what role Mattiacci will have at Faraday, but he served with distinction at Ferrari. Between 2006 and 2014, he was the head of Ferrari North America and Ferrari Asia Pacific, though that success didn't translate to motorsports. Mattiacci succeeded Stefano Domenicali as team principal of Scuderia Ferrari in April 2014 and led the team to a fourth-place finish, behind Mercedes, Red Bull, and Williams. The Scuderia were not pleased and Mattiacci resigned. Faraday is no stranger to snagging talent from other automakers. It hired employees from Ford, GM, and BMW and has done an especially good job of poaching talent from Elon Musk. It lured Tesla's vice president of regulatory affairs and deputy general counsel, James Chen, last month. Faraday hired the head of Model S production, Dag Reckhorn, to serve as its global VP of manufacturing, and in April it brought in Tesla's director of global supplier industrialization, Andrew De Haan, to run the Faraday's Nevada factory. Business Insider reports Faraday has even poached SpaceX employees. We expect more hiring from Faraday in the future, too. The company's website is packed with California-based positions for everything from vehicle safety to autonomous driving to product planning. Related Video: News Source: Business InsiderImage Credit: Dom Romney / Getty Images Green Hirings/Firings/Layoffs Ferrari Autonomous Vehicles Electric faraday future faraday marco mattiacci

Weekly Recap: Ferrari plans to gradually increase production by 2019

Ferrari has long been known for the exclusivity of its performance machines. It's on a different level than Porsche, BMW, and Mercedes. But as it transitions to a new era of independence from Fiat Chrysler, Ferrari is going to get a little less exclusive. It's by design, and it means a subtle, slow ramp-up of production – a move Ferrari believes will ensure its future by meeting growing demand in new markets. The strategy was detailed in SEC documents filed this month as part of the company's pending stock offering. The files reveal Ferrari will gradually increase shipments to about 9,000 units per year by 2019. This is a reversal of Ferrari's 2013 plans to cap production at 7,000 cars annually, which it hit on the nose that year. Ferrari shipments inched up to 7,255 in 2014, though that's down from 2012's record tally of 7,405. Ferrari is a vastly different operation than it was in 2013. Longtime chairman Luca di Montezemolo stepped down last fall, and FCA chief executive Sergio Marchionne has been overseeing the company since then. Its IPO has attracted high levels of attention from enthusiasts and investors. As expected, demand has reportedly outstripped the availability of the stock, which has an estimated offering price of $48 to $52 a share. Speaking of more Ferraris, the company revealed a limited-edition model this week called the F12tdf (shown above). Based on the F12 Berlinetta, the car is a salute to the Tour de France endurance auto race that Ferrari dominated in the 1950s and '60s. The V12 engine's output increases to 769 horsepower, while weight is cut by 243 pounds – allowing for a sprint to 60 mph in 2.9 seconds. Dramatic carbon-fiber elements and a radical redesign of the body panels give the F12 a more dramatic look. It will be limited to 799 units over the life of the car. If this is how Ferrari is increasing production, we're more than okay with the company's new strategy. OTHER NEWS & NOTES Tesla software unlocks Autopilot features Tesla released the latest version of its software for the Model S this week, which allows the all-electric sedan to drive in a semi-autonomous state called Autopilot. Tesla Version 7.0 enables the Model S to maintain lane position, change lanes by touching the turn signal, and manage the car's speed using an advanced, traffic-sensing cruise control. It also has a parallel parking feature, which searches for open spots and then parks your Tesla.