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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

Top tier supercars go for top dollar at RM Sotheby's Pinnacle Portfolio auction

Ferraris continue to rake in money during classic car auctions, and the sale of RM Sotheby's Pinnacle Portfolio collection during Monterey Car Week is only further proof of that. The Prancing Horse grabbed four of the top five spots among the 25 vehicles crossing the block. The leader among them was a 1964 Ferrari 250 LM with an extensive racing history that went for $17.6 million, according to the company's unofficial numbers sent to Autoblog. The only vehicle to keep Ferrari from locking out the top five was a 1998 McLaren F1 LM-Specification that went for $13.75 million. It's claim to fame included being the second-to-last road version of these famous supercars built. Plus, the coupe is only one of two with the LM spec package, which included the 680-horsepower racing version of the V12. Showing more modern Ferraris are also appreciating, a 2005 Enzo went for $6.05 million, taking third place. This example was the last one ever made and was originally gifted by the company to Pope John Paul II. However, he had the car sold for charity. Similarly special, fourth went to a 1994 F40 LM racecar for $3.3 million. Finally, a 1967 275 GTB/4 rounded out the top five also at $3.3 million. Amazingly, the vehicles in the Pinnacle Portfolio came from just one person who the company only identified as a "private US-based gentleman collector." Check out the gallery to see all 25 rolling across the block, including a Toyota 2000GT, Porsche 959, and Jaguar XJ220.

Ferrari 458 Speciale Spider will make Paris debut

The news out of Ferrari is coming nearly as fast as its wonderful sports cars, as of late, with CEO Luca di Montezemolo stepping down and a special model for America upcoming. Now, it's looking increasingly likely that the 458 Speciale Spider is making its world debut at the 2014 Paris Motor Show in early October, confirming earlier rumors.
Di Montezemolo had already confirmed that the Prancing Horse would unveil a new car in Paris, but exactly which model it would be had been a mystery. However, an unnamed Ferrari insider has recently confirmed to 4WheelNews that it would be the droptop Speciale.
As the name suggests, the special model takes the sonorous 4.5-liter V8 engine from the 458 Speciale with 597 horsepower and 398 pound-feet of torque and drops it into the convertible hardtop from the Spider. According to the source, the special Ferrari is also getting new wheels, stripes and seats, but the folding top might mean losing the coupe's transparent engine cover.