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Ferrari 458 with $1M wheels still hasn't found a buyer [w/video]

Rule number one of modifying a car: When it comes time to sell, people want to pay for the car, and could care less how much you spent in the aftermarket. This is a lesson that the guys at Latitude Wheels in Miami are currently learning.
The wheel company's "flagship show car," a 2011 Ferrari 458 Italia was put up for sale on eBay weeks ago, as reported by Jalopnik. The price? Just a shade under $1.3 million. For a 458 Italia. That normally starts around $230,000. Yeah.
Latitude justifies the car's price based on a very expensive set of wheels. To be exact, the 21-inch fronts and 22-inch rears are forged Vossen Precision Series wheels. Mounted on Pirelli rubber, Latitude claims the package is worth over $1 million. Add onto that the $20,000 in Novitec Rosso carbon fiber pieces - none of the fun, performance stuff Novitec is known for - and you come to an eBay starting price of $1,290,000.

Faraday Future Hires Ferrari Exec. | Autoblog Minute

Ex Ferrari man Marco Mattiacci will join Faraday Future as a key high-ranking executive. Ferrari Autoblog Minute Videos Original Video faraday future marco mattiacci

Phony Fauxrrari and Shamborghini replicas seized in Brazil

A shop in the state of Santa Catarina in Brazil has been raided and shut down by police after it was discovered that it was turning out shoddy replica supercars. The Fauxrrari and Shamborghini (we borrowed the latter clever term from the Associated Press) copies themselves look impressively detailed considering that they were reportedly coming out of a father-son operation, but the engineering, underpinnings and powertrains are surely a wee bit shy of what's flowing out of the real factories in Italy. According to the Folha de Sao Paulo newspaper, one replica was powered by the engine from a Chevrolet Omega, which we knew at one time in the U.S. as the Cadillac Catera. Scrolling through the image gallery above, though, we see at least one Ferrari knock-off that appears to have a bright red intake manifold behind the passenger compartment, so who knows? Police reported that the replicas were being offered on unknown social media channels for between $45,000 and $60,000. Needless to say, that's nowhere near the price of a real Ferrari or Lamborghini. And this isn't the first (and likely, not the last) time this has happened, either. According to the AP, the raid was conducted after at least one of the Italian marques tipped off authorities. Eight vehicles in various states of completion were found, along with tools, molds and what looks to be a treasure trove of car parts. It's not clear how many finished vehicles may have rolled out of the shop, or how many may already be in the hands of buyers. The father and son duo who ran the operation have been arrested on industrial property charges.