2003 Ferrari 360 Spider F1, Red/tan, Just Serviced, Loaded W/options! Very Clean on 2040-cars

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Ferrari third-quarter profit doubles on one-off tax break

MILAN — Ferrari says its net earnings doubled in the third quarter thanks mostly to one-off tax benefit. The sports car maker said Monday that net earnings were 287 million euros ($327 million) compared with 141 million euros a year earlier. The company said earnings grew 5 percent when excluding the so-called patent box tax break, agreed on with Italian authorities, covering use of copyrights, patents, trademarks, design and know-how. Deliveries were up 11 percent to 2,262 vehicles driven by sales of the 812 Superfast and the Ferrari Portofino, with revenues flat at 838 million euros. Europe and Middle East sales were up by double digits to 1,005. The Americas grew by 5 percent and greater China by 7 percent. Ferrari forecast full-year sales at over 9,000 cars with profits of 1.1 billion euros.Related Video:

Autoblog Minute: New Civic, FCA UAW Agreement, Frankfurt

FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. Autoblog senior editor Greg Migliore reports on the Weekly Recap edition of Autoblog Minute. Show full video transcript text [00:00:00] FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. I'm senior editor Greg Migliore and this is your Autoblog Minute Weekly Recap. FCA reached a tentative labor agreement with UAW leadership. The major focus of the new deal reportedly includes: the eventual elimination of the two-tier pay scale [00:00:30] and pooling worker health care. Now that a leadership agreement is in place, the deal will be sent to FCA's rank-and-file. FCA has about 36,000 hourly employees. We got a first look at the interior and exterior of the 10th-generation Civic. Honda expects the new sedan to dominate the C-segment when it hits dealerships later this fall. Civic coupe, five-door hatchback, Si and Type R will all come later. The 2015 Frankfurt Motor Show is in the books and there was a lot of news to get excited about. [00:01:00] Porsche introduced a fully electric concept car in the Mission E. If they make this car, Porsche could give Tesla nightmares. We also saw SUVs from Jaguar and Bentley. There were two beautiful Italian convertibles from Ferrari and Lamborghini. Meanwhile, Mercedes introduced a concept of their own in the IAA - a vehicle that experiments with adaptable aerodynamics. Those are the highlights from the week that was. Be sure to check out my full recap this Saturday. Plus we'll have some added insight on General Motors' deal to [00:01:30] avoid federal prosecution. For Autoblog, I'm Greg Migliore. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. UAW/Unions Frankfurt Motor Show Bentley Chrysler Ferrari Honda Jaguar Lamborghini Mercedes-Benz Porsche Rolls-Royce Tesla Convertible SUV Concept Cars Electric Supercars Autoblog Minute Videos Original Video porsche mission e concept

This 1987 Ferrari F40 LM is for the millionaire who dares to be different

Throughout the past decade, the Ferrari F40 has become one of the most highly regarded and highly coveted supercars ever built. When cars become so iconic, any red model no longer excites. It's the specialty models, such as this stunning light blue Le Mans example, that catch the real attention at an auction house. This 1987 Ferrari F40 LM is expected to go for up to perhaps $6,280,000 at the upcoming RM Sotheby's in Paris on February 6 during Retromobile week. According to RM Sotheby's, the Pilot exterior livery makes this one of the most recognizable F40 LMs ever built, although that pool is extremely small. Only 19 F40s were ever created by Michelotto to LM or Competizione spec. Chassis No. ZFFGJ34B000074045 is reported to be only the third F40, not just of LM F40s, of all F40s built. It was a pre-production prototype, and the car's insane history doesn't stop there. It also participated in the 24 Hours of Le Mans in 1995 and 1996, yet finished only 12th in 1995 (it did win the 1995 Anderstorp 4 Hours). That's shocking considering the engineering and power this car is known for. In Michelotto LM spec, the twin-turbocharged V8 was uprated to more than 700 horsepower using enlarged turbochargers, bigger intercoolers, and a better Weber-Marelli fuel injection system. Using tech learned from the Group B 288 GTO Evoluzione development, it also had a stiffer chassis, an upgraded transmission, better brakes, and altered exterior aero equipment. Rated at about 2,350 pounds, it was one of the fastest cars on the planet at the time. Wherever this car goes, we hope the owner takes advantage of its eligibility for numerous racing events. Several other Ferraris will also roll across the auction stage, including a 1996 F50, a 1966 275 GTB/6C Alloy Berlinetta, a 2011 SP30, a 599 SA Aperta, a 2003 Enzo, and a 2006 Superamerica. Outside the Ferraris, the 1994 Bugatti EB110 Super Sport is catching our eye. Featured Video: