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Car Club USA: Ferrari Club of America

Car Club USA heads to Florida for the Rolex 24 Hours of Daytona, where, for the Ferrari Club of America, the real fun begins the day after the storied endurance race. Ferrari owners from across the country gather every year to watch the pros on race day, and then take over the track to get a chance to run their Italian Stallions at speed. "The key to the Ferrari club is that we're a bunch of like-minded people," says Steve Selz, Director of the Ferrari Club of America Florida Region. "We're a bunch of enthusiasts who really have a passion for the Ferrari mark." Watch as owners of a 458 Italia, 430 Scuderia and genuine MOMO World Sports Car to the track to enjoy their Ferraris and improve their lap times. Each Car Club USA episode features a different car club or event from across the US, where passionate owner communities gather to share automotive experiences and embark on incredible adventures. From Main Street cruises to off-road trails, catch all the latest car club activity on Autoblog.

Ferrari's stock price falls off a cliff

The stock price skidded. The stock price stalled. Use whatever automotive analogy you want. It was a bad day for Ferrari on the New York Stock Exchange. Warning that sales growth would slow because of the economic slump in China, Ferrari NV watched its stock price slump accordingly. Shares of the company were down more than 13 percent in afternoon trading, falling to $34.64. Sprung from the Fiat Chrysler Automobiles less than four months ago, Ferrari's stock has lost a third of its value since its October initial public offering and is nearly half the price of its $62 high set days after the IPO. In a conference call with investors, chairman Sergio Marchionne said the company expected to ship approximately 7,900 vehicles this year. Marchionne said the company would be "fine" over the long term as long as it maintains a decades-long philosophy of maintaining strong demand. That means Ferrari won't follow some of its sports-car competitors who have broadened their vehicle portfolio's with the addition of SUVs. Marchionne bristled at such a suggestion. "You have to shoot me first," he told Bloomberg. But never say never? Previously, Ferrari had restricted its output to 7,000 vehicles per year. The company is already past that number, and Marchionne foresees the possibility that it could rise to approximately 9,000 by 2019. In a regulatory filing, Ferrari said, "we believe we can grow in a controlled manner while preserving the exclusivity of our brand by continuing to explore controlled growth in emerging markets to capitalize on the substantial wealth creation and the growing affluent populations in those markets." For now, those markets won't include China. Shipments there decreased 22 percent in 2015, even as worldwide output increased. Related Video:

You've seen the Ferrari Monza SP1 and SP2, now hear them in action

The moment the Ferrari Monza SP1 and SP2 debuted in 2018, they became instant classics. They're exclusive, they're powerful, they're stunningly gorgeous, and they incorporate hints of past Prancing Horses. It's a rare blend that guarantees collector status. But until now, only still photos have been released. A new video shows the speedsters in action and plays a tune that will make gearheads weep. The SP1 and SP2 are the first vehicles of a new class of Ferraris called "Icona." These icon cars bring the past into the present in the form of limited-edition specialty craftworks made for high-status clients and collectors. The SP1, a single-seater, and the SP2, a two-seater, evoke the spirit and design of Ferrari's barchettas of the '40s and 50s. The battle cry heard throughout the video comes from the Monzas' massive heart, the most powerful naturally aspirated V12 engine Ferrari has ever created. Using technology taken from Formula 1 engines, it makes 799 horsepower at a hair-raising 8,500 rpm and 530 lb-ft of torque at 7,000 rpm. Based on the 812 Superfast, the Monzas use extensive carbon fiber bodywork to create a sultry shape that will look good in any era, past, present, or future. Watch these timeless beings in motion in the full video above. Related Video: