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Drunk driver launches $385,000 Ferrari off of cliff

A young man made the bad decision to get behind the wheel of his supercar after having too much to drink in Austin, TX. According to KTBC, the Austin Police and Fire Departments responded to a single vehicle crash just after 2 am on January 13. When first responders arrived on the scene, they discovered a mangled Ferrari 458 Italia at the bottom of a 50 foot ravine. Also in the ravine were three bruised, sheepish-looking drunks. Detective Mike Jennings of the Austin Police Department's DWI unit told KTBC that the trio was lucky to be alive. "They are lucky that we didn't have three people that were killed or injured more seriously than they were," Jennings told KTBC. Witnesses reported they spotted the Ferrari flying along the dark, windy road at speeds approaching 100 miles per hour before the driver lost control and balled the Ferarri up at the bottom of the ravine. The driver, James Allen of nearby Georgetown, TX, told APD officers that he'd only had two beers that night. Clearly not buying his explanation, APD arrested Allen for driving while intoxicated. "Anybody that has ever talked to intoxicated people, they always remember two beers, it's always the first one they had and the last one they had, it's everything in between, a lot of times they often forget," said Detective Jennings. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: KTBC Auto News Ferrari Driving Safety Performance austin austin texas

Alfa Romeo considering Ferrari-developed engines for new product lineup

A report in Bloomberg adds more details to the plans for Alfa Romeo's fourth turnaround plan in Fiat CEO Sergio Marchionne's tenure, and this time Ferrari is apparently going to be part of the show. In December Automotive News Europe reported that a new Maserati-derived rear-drive architecture would be the centerpiece at Alfa Romeo, as well as coming Chrysler and Dodge products. At the time, ANE said the platform would support a new midsize sedan and wagon perhaps to be called Giulia, a fullsize sedan and a midsize crossover, with retail appearance of the product initiative commencing perhaps as soon as next year. It would be part of Fiat's $12.3-billion spend on new models and European recovery.
The Bloomberg report says that particulars haven't been finalized, but the plan is to have six new Alfas appear over the next five years, two of which would be SUVs. The futures of the Mito and Giulietta, two of the three cars Alfa currently sells and 99 percent of sales last year, aren't assured, meaning that the lineup in six years could be seven cars (including the 4C), six of which we haven't any definitive clue of yet. The top-tier versions of those cars, according to the report - perhaps the Quadrifoglio Verde - "will be equipped with motors developed by Ferrari."
Marchionne wants to get sales up to 300,000 units per year when the lineup is complete, pairing Alfa sales with Jeep's global dealer network to open up the retail channel. That kind of volume would get Fiat's Italian plants back in business properly, even though Marchionne's stance on Italy-only Alfa production would mean the end of the anticipated roadster that was to be twinned with the coming Mazda MX-5 Miata. Alfa's direction will be laid out in Detroit in May as part of the overall strategy presentation for Fiat Chrysler Automobiles NV.

First Ferrari LaFerrari hits the auction block

If you haven't laid down your $1.4 million to be one of 499 people to own the new Ferrari LaFerrari by now, then you're already too late. Fortunately, Ferrari's new hybrid supercar has just been listed by German auction site SEMCO Gmbh, meaning that you still have a shot at owning one, but it'll cost you - dearly.
With just 124 miles on the odometer, this particular LaFerrari is being listed at 2.38 million euros - more than $3.2 million USD. But hey, at least that includes the Value Added Tax, eh? If the seller manages to command that asking price, it would be an incredible return on investment every bit as fast as the car itself, which in case your mind needs refreshing, is very fast indeed. Top Speed? Try 217 miles per hour and a 0-60 time of under three seconds.