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Mike Tyson's 1995 Ferrari F50 packs one helluva punch

Despite a reputation as a bit of a letdown following the now legendary Ferrari F40, the Ferrari F50 is still one of the most raw and unfettered sports cars to ever grace public roads. RM Sotheby's auctions is now selling a pristine 5,694-mile example that was once owned by former professional boxer Mike Tyson. Like Tyson, the F50 and its Formula One derived V12 is sure to leave a lasting impact on anyone that crosses its path. Though the celebrity tax varies from car to car, Hagerty's valuation tool says even a heavily used F50 is still a million-plus dollar car. RM Sotheby's expects the car to sell for between $2.2 and $2.4 million, slightly more than the $2.25 million estimate for a nearly flawless example, which this car appears to be. According to the listing, the car has never been driven hard and has been well maintained throughout its life. The 1990s weren't Ferrari's best years for design with soft edges and questionable fascias. Likewise, the F50 is a love it or hate it sort of design. The paint appears to be in good condition and free of any damage. The bare carbon fiber and leather interior shows little to no wear. The gated manual shifter connected to a 4.7-liter naturally-aspirated 520 horsepower V12 is a combo that's gone out of vogue. The engine is derived from the one that powered the Alain Prost's 1990 Ferrari 641 Formula One car. This car is number 73 out of 349 and one of only 50 built to US spec. Tyson sold the car with roughly 4,900 miles, with the rest accumulating since about 2005. The car's service records are incomplete, though it has had an a couple of engine-out services along a full electronic updates, a new rear seal, rebuilt oil and water pumps, the dashboard pod removed, serviced, and reinstalled, the lighting system upgraded, the ride height actuator replaced, new tires, new fuel bladders, a full brake system service, and new main seals. In addition, the car comes with two sets of tools in the front deck, owner's manuals and warranty booklet in their leather folio, wheel socket, car cover in bag, both the removable hardtop and emergency soft top with bag, utility light, its window sticker, and the "circus trunk" containing roll bars, and a carbon rear tonneau cover. Look for the car to head across the auction block on Saturday March 11. No Internet bidding, but if you have the cash to pony up the you probably can afford to be there in person. Related Video:

Stellantis reports record margins, $7B profits despite chip shortage

MILAN — Automaker Stellantis on Tuesday said it achieved faster-than-expected progress on synergies and record margins in its first six months as a combined company, despite suffering 700,000 units in lower production due to interruptions in the semiconductor supply chain. The company — formed from French carmaker Peugeot PSAÂ’s takeover of the Italian-American company Fiat Chrysler — reported net profit of 5.9 billion euros ($7 billion) in the first half of 2021, compared with a loss 813 million euros during the same period a year earlier, which was impacted by the coronavirus restrictions around the globe. Shipments rose 44% to 3.2 million units, while revenues rose 46% to 75 billion euros. “We are very pleased with the speed with which the new team has begun to execute as one company, as Stellantis,Â’Â’ Chief Financial Officer Richard Palmer told reporters. Semiconductor shortages accounted for 200,000 units of production losses in the first quarter and 500,000 in the second quarter. Semiconductors are used more than ever before in new vehicles with electronic features such as Bluetooth connectivity and driver assist, navigation and hybrid electric systems. Stellantis achieved 1.3 billion euros in cost savings in the first half, mostly by sharing investments in new technologies and platforms, which Palmer said was a faster rate than initially forecast. It aims to achieve 80% of the targeted 5 billion in cost savings by 2024. “These synergies allow us to continue to invest in the electrification strategy, which we talk about every day,” Palmer said. Stellantis, which lags competitors in rolling out electric vehicles, plans to launch 21 fully electric or plug-in gas electric hybrid vehicles over the next two years. North American posted record profitability on global sales of Ram trucks and the strong launch of the Jeep Wrangler 4xe, which was the best-selling plug-in gas electric vehicle in the United States in the second quarter. Stellantis was the market leader in South America and second in Europe. The results were presented on a pro-forma basis, taking into account the performance of each of the carmakers as separate entities during 2020. Related video: 2021 Jeep Wrangler Rubicon 392 Inside and Out

Ferrari recalls 2016 California T

The Basics: Ferrari North America is recalling 304 units of the 2016 California T manufactured from September 8, 2015, to November 11, 2015. The Problem: The affected convertibles have a low pressure fuel line that may not connect properly to the fuel pump feed pipe because of an improper coating on the fuel pipe. A bad connection can lead to a fuel leak in the engine bay, increasing the risk of a fire. Injuries/Deaths: None reported. The Fix: Dealers will replace the low pressure fuel line assembly free of charge. If You Own One: The recall began on December 14, 2015 so you can contact your Ferrari dealership immediately for repair, or call Ferrari customer service at 1-201-816-2600. Related Video: Report Receipt Date: DEC 01, 2015NHTSA Campaign Number: 15V811000Component(s): FUEL SYSTEM, GASOLINEManufacturer: Ferrari North America, Inc.SUMMARY: Ferrari North America, Inc. (FNA) is recalling certain model year 2016 California T vehicles manufactured September 8, 2015, to November 11, 2015. The affected vehicles have a low pressure fuel line that may not connect properly to the fuel pump feed pipe.CONSEQUENCE: The improper low pressure fuel line connection can result in a fuel leak in the engine compartment which may increase the risk of a fire.REMEDY: FNA has notified owners, and dealers will replace the low pressure fuel line assembly, free of charge. The recall began on December 14, 2015. Owners may contact Ferrari customer service at 1-201-816-2600.NOTES: Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 FREE (TTY 1-800-424-9153 FREE), or go to www.safercar.gov.