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Two Ferrari LaFerraris are for sale in Dubai

You can rest assured that a disproportionate share LaFerrari production run headed to the United Arab Emirates. Of those, two examples of which are now listed for sale in Dubai alone on Dubicars.com. Both of them are red, which is no surprise. The first, pictured in the image gallery above, is a brand-new 2014 model for sale at the emirate's famed dealership Al Ain Class Motors. The 2014 model is listed with zero miles on the odometer, though we'd be surprised if it hadn't racked up at least a few delivery and test miles. All it will cost you is a small matter of 11,000 Emirati Dirham, which works out to a hair under $3 million at current exchange rates. GTR Motors hasn't listed how much it wants for this second example depicted in the video below. But you can bet that – even with 398 kilometers (or 247 miles) on the clock – this 2015 example will still command a significant premium over the $1.35 million the factory charged for these hybrid hypercars when they were new. If you can scrape together the cash for either, you'll be getting arguably the ultimate Ferrari road car to date, packing a 6.3-liter V12 hybrid powertrain good for 950 horsepower and a 2.5-second 0-60 time. The factory in Maranello only built 499 of them, so finding one – let alone two – up for grabs is a bit of a rarity. Of course if this particular Prancing Horse isn't your cup of tea, there's plenty of other enticing machinery on offer, including a McLaren P1, Koenigsegg CCX, three Porsche 918 Spyders, and a handful of Bugatti Veyrons. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 2014 Ferrari LaFerrari for sale in Dubai View 14 Photos News Source: Al Ain Class Motors, GTR Motors via Dubicars.com Auto News Green Ferrari Coupe Hybrid Supercars dubai ferrari laferrari laferrari

LaFerrari trading at double its list price

If you've been looking at the seven-figure price tags (plus or minus) on the latest batch of hypercars, and wondering how their manufacturers could possibly charge that much, consider that their predecessors typically traded at well above their list price as it is. The Ferrari Enzo, for example, listed for "only" $650k, but with production limited to 349 units, demand far outstripped supply, driving the mark-up into seven-figures. In fact Enzos are still selling for a million or more at auction. Surely Ferrari deserves a piece of that action itself, at least as much as the speculators... hence the $1.7 million sticker price on its successor LaFerrari.
Here's the thing, though: according to the latest reports, buyers are paying that much again just for the privilege of getting their hands on a LaFerrari. In other words, they're paying double the already sky-high asking price: as much as $3.4 million to put it in the same ballpark as the Lamborghini Veneno (whose production was even more limited) and the latest Legend edition of the Bugatti Veyron Vitesse roadster.
The story gets a bit more sane with its rivals, though: according to the analysis reported by Oracle Finance, the McLaren P1 is commanding "only" a $500k premium over list, and the Porsche 918 Spyder "just" $335k extra. However even less expensive new models from high-end automakers like the Lamborghini Huracán and Porsche Macan are reportedly commanding $50k and $10k premiums, respectively.

Montezemolo steps down, Marchionne steps up as chairman of Ferrari

If the history of an automaker is divided up by the mandate of its leadership, then this is surely the end of an era for Ferrari. After repeatedly locking horns with Fiat Chrysler CEO Sergio Marchionne over a variety of issues, longtime Ferrari chairman Luca di Montezemolo has announced his resignation.
Montezemolo has a long history with both Fiat and Ferrari. He started his career at the former before moving over to the latter in 1973 (only a few years Fiat took over half of Ferrari), starting out as Enzo Ferrari's assistant. He was appointed head of the Scuderia the following year, driving the team to success and subsequently taking over all of the Fiat group's racing activities. After the Prancing Horse marque struggled in the wake of its founder's death in 1988, Montezemolo was appointed to take it over in '91 and has been at the helm ever since.
Following Fiat chairman Gianni Agnelli's passing in 2003, both Montezemolo and Marchionne were named to the Fiat board. A year later, after the passing of Gianni's younger brother Umberto, Montezemolo was named chairman of the Fiat Group (to be succeeded six years later by Agnelli heir John Elkann) and Marchionne its chief executive.