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Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring less income than their employees - the owners began dumping their cars and prospective buyers declined to buy.
Car and Driver has a piece on how the initiative is hitting the home market the hardest. Lamborghini sold 1,302 cars worldwide in 2010, 1,602 cars in 2011 and 2,083 cars in 2012 - an excellent surge in just two years. In Italy, however, it's all about the ebb: in 2010, the year that Italian police began scouring harbors, Lamborghini sold 96 cars in Italy, the next year it sold 72, last year it sold just 60. The declines for Maserati and Ferrari are even more pronounced.
Head over to CD for the full story and the numbers. What might be most incredible isn't the cause and effect, but where the blame is being placed. A year ago the chairman of Italy's Federauto accused the government of "terrorizing potential clients," this year Luca di Montezemolo says what's happening has created "a hostile environment for ­luxury goods." Life at the top, it ain't easy.

Race Recap: 2014 Italian Grand Prix goes heavy on rescue and recovery

In the two weeks it's taken Formula One to move from Belgium to Italy, fleet-footed rumor has outrun the driver transfer market - Fernando Alonso can't issue enough denials of a departure from Ferrari, McLaren isn't sure what it wants to do with its drivers, Lotus has found out why it stinks this year and that the problem can't be fixed this year, and Nico Rosberg is said to have donated a team-ordered six-figure fine to charity to atone for his Belgian waffling. Oh, and Lewis Hamilton regained his pole-grabbing form.
That's how the Mercedes AMG Petronas man found himself at the head of the grid for the Italian Grand Prix, ahead of his teammate Rosberg by a quarter of a second. And because the high-po Monza circuit loves a high-po Mercedes engine, Valtteri Bottas and Felipe Massa lined up in third and fourth for Williams, followed by Kevin Magnussen and Jenson Button in their McLarens. Alonso flattered the Ferrari again, lining up seventh, followed by the Infiniti Red Bull Racing duo of Sebastian Vettel and Daniel Ricciardo, but Sergio Perez in the Sahara Force India would make it seven out of ten for the Mercedes HPP engine program.
When the lights went out to start the race, Hamilton - and a few other top drivers - discovered that the work of recovery wasn't finished.

Ferrari 458 Speciale A is most powerful Prancing Horse convertible ever

Let all of the speculation finally end because the convertible version of the Ferrari 458 Speciale is here. However, the Prancing Horse isn't calling it a spider; instead it's dubbed the 458 Speciale A, which stands for Aperta or "open" in English. It's also limited to a scant 499 cars, a few more than the 458 first rumored.
Regardless of its name or production numbers, what really matters is Ferrari's claim that this is its the most powerful droptop production model ever. That is thanks to the same 4.5-liter V8 from the hardtop Speciale, with 597 horsepower and 398 pound-feet of torque.
The aluminum-retracting top doesn't change performance much, while letting the wind blow through the owner's hair at ludicrous speeds. Ferrari claims the setup adds about 110 pounds (50 kilograms) to the overall weight and can open or close within 14 seconds. Acceleration to 62 miles per hour is reported at 3.0 seconds, about a tenth slower than the coupe, and the Aperta can hustle to 124 mph in 9.5 seconds.