2001 Ferrari 360 Spider - Low Mileage, Hre Wheels on 2040-cars

Auto blog

Watch the Ferrari LaFerrari get put through its paces by Top Gear and Evo

Do you know what today is? Well, besides being the anniversary of the signing of the Louisiana Purchase (thanks France!), Consumer Protection Day in Thailand and Michael Waltrip's birthday, April 30 marks the expiration of the first of two embargoes on the Ferrari LaFerrari.
That means you're probably going to see quite a bit on Ferrari's hypercar in the coming days. One of the first things we've stumbled across is this video from our friends at Top Gear. Now, this isn't Jeremy, James and Richard playing with the ultra-powerful hybrid (although it's probably only a matter of time before the LaFerrari arrives at Dunsfold), it's the TG magazine crew. It's best to think of the Top Gear video as an appetizer, though.
The main course comes from Evo, which has a far lengthier and more detailed spot, running a full 10 minutes of fun. Dickie Meaden samples the 900-plus-horsepower monster on both the Italian roads and the Fiorano test track. We won't spoil the outcome, so be sure to take a look below for both videos.

This rare vintage Ferrari is not like the others

This particular Ferrari profiled by Petrolicious is attached to many of the vital names we've come to associate with the brand, like Dino, Scaglietti, Ascari, and Formula 1. What it doesn't have is the kind of engine we've come to associate with Maranello: at the front of that delicious bodywork is a 2.0-liter four-cylinder with 172 horsepower. The car is a 1955 Ferrari 500 Mondial Series II Scaglietti-bodied spider, its engine derived from the 2.0-liter engine used in the Ferrari 500 race car that Alberto Ascari used to win the F1 World Championship in 1952 and 1953. We can only wonder if any of today's cars will provide the same joy at being a barn find as this one did for its affable owner, retired US Navy Admiral Robert Phillips. He discovered it in the back of a dealership in 1960 - it had been sitting unused in Ohio and California for years - and almost walked away from it. He only bought it when he realized it had a four-pot engine. He paid two-thirds of his yearly salary at the time for it, the handsome sum of $2,225. In today's money that's about $18,000. Phillips says there are only three left with the original engines, so odds are that his car's value is exponentially more than the inflation-adjusted purchase price. One of them is going on the block with RM Auctions next month which looks a lot like this one, and they've listed it as "Price on Request." Phillips is our kind of owner, though - one who believes his car is meant to be driven, and who wants to pass it on to another driver when the time comes. His vehicle has quite the history, too, making its way to the Americas thanks to a call from the president of Venezuela to Enzo Ferrari. Check out the video for its beautiful story. Related Video:

Ferrari reports fewer sales, more profit to prove strategy is working

Ferrari's angle of emphasizing exclusivity by limiting deliveries is appearing to bear fruit. The company posted a 7.1-percent increase in revenues to 1.7 billion Euros ($2.2 billion at today's exchange rates) during the first half of 2013. Net profits, meanwhile, saw a jump of 20 percent to 116.2 million Euros ($153.5 million). The Prancing Horse delivered 3,767 cars, which, while an increase of 2.8 percent, represents a rate of growth that's slower than in the first quarter of 2013.
While Ferrari may be actively trying to slow its sales down to below 7,000 in 2013, it's seen increased numbers in the US, Great Britain and Germany, along with double-digit growth in the Middle East and Japan (39 percent and 28 percent, respectively).
The move to limit sales should have a greater impact on the numbers that come in later this year, which we told you about back in May. Ferrari's controversial move has already seen a drop in sales to China, which saw 50 fewer Prancing Horses than this time last year.