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Lil Wayne's daughter gifted Ferrari GTO, BMW X4 for 16th birthday [w/video]

It must be nice to have ludicrously rich parents. Rapper Lil' Wayne's daughter Reginae recently celebrated her 16th birthday with a huge party in Atlanta. Where many teens would be overjoyed just to get a family hand-me-down for a first car, the rapper's daughter got two brand-new vehicles – a BMW X4 and a Ferrari 599 GTO. The X4 would certainly be extravagant by itself, but it's not totally without precedent. Anyone who watched even a snippet of MTV's old show My Super Sweet 16, probably saw a few vehicles that were just as expensive. However, the concept of any newly licensed teen behind the wheel of a Ferrari is absolutely terrifying to us. This one is even crazier, with 661 horsepower and a chassis capable of lapping Ferrari's Fiorano test track quicker than an Enzo. Of course, with just 599 built, Reginae could probably just park the coupe and let it appreciate enough to finance her next big party. The BMW is reportedly going to be her daily driver, anyway. According to TMZ, Reginae's mother and stepfather bought her the Ferrari with Lil' Wayne's blessing. They believe their daughter can handle the 599 GTO, which shows some serious – if misguided – trust. Check out the video below to see the cars and her party. Related Gallery 2015 BMW X4 View 55 Photos Related Gallery Ferrari 599 GTO View 15 Photos News Source: TMZ via YouTube BMW Ferrari Car Buying Ownership Videos ferrari 599 ferrari 599 gto

Father's ultra-rare Ferrari to leave family for a good cause

It isn't every day that the rarest of Ferrari models change hands. In fact, you can count your fingers to get the number of 275 GTB/4*S N.A.R.T. Spyders that ever existed. The 1967 Ferrari you see here is one of those ten Spyders, and it has stayed in the same family since it was bought new.
The car was bought through Luigi Chinetti, Ferrari's US importer at the time, by the late Eddie Smith Sr., a Ferrari collector and businessman from North Carolina. Smith kept it - and kept driving it - until the day he died six years ago. Since then, this remarkable machine has been collecting dust. Smith's son, Eddie Smith Jr., spent some time with Petrolicious to give a history of the car and explain why he and his family are going to do the one thing his father never could: sell it. The catch? All of the money it earns on the auction block will be donated to charity.
"It'll be a bittersweet thing, because we know the fact that all the money is going to charities that he would approve of," Smith Jr. said about his father, and it "will really make him smile, because he loved to give back."

The real Wolf of Wall Street's Ferrari Testarossa is for sale

In 2013, acclaimed filmmaker Martin Scorsese profiled the rise and fall of financial crook Jordan Belfort in the movie The Wolf of Wall Street, with Leonardo Di Caprio in the lead role. Now you can own an automotive piece of that fascinating real-life tale by buying Belfort's 1991 Ferrari Testarossa. According to the seller, Belfort bought the Ferrari in New York in 1991. He must not have driven it very much, though. There have been other owners since him, but the Testarossa still has only covered 8,300 miles. With its white exterior, your friends might think you're trying to emulate Sonny Crockett from Miami Vice, and the interior has beige leather, which still looks to be in great condition. To prove Belfort's ownership, the sale comes with his name and address in the warranty book and on supply invoices. There's even a set of matching luggage, and the seller allegedly found a $50 bill in one of the bags' lining. Even if Belfort didn't drive the Testarossa too much, he might have had some fun with it. According to the listing, "it was involved in a 'Wolf' moment as early as the original test drive." However, the seller will only tell the next buyer what that means. Belfort's Testarossa is currently for sale in Monaco for an undisclosed price, but as a car formerly used in the United States, it might not be too hard to bring back. If you do decide to buy Belfort's Ferrari, remember to treat The Wolf of Wall Street as a cautionary tale. Related Video: