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Ferrari-driving kid's parents charged by Indian police [w/video]

Earlier this month, we reported on a video that was circulating the internet which showed a young boy driving a Ferrari F430 on a street in India while other children watched and two adults recorded the whole thing. And that was all that we knew at the time. Now, there is more information about the car, the kids and their parents thanks to an article in the Daily Mail. As it turns out, a wealthy businessman let his son drive the Ferrari as a present for his ninth birthday and recorded the whole thing while his six-year-old son was riding shotgun.
According to the report, the father, Muhammad Nizam, faces charges and possibly the seizure of the car for letting his son get behind the wheel. Oddly enough, the video is still up on YouTube, and we have it posted for you below.

Ferrari dominated classic car auctions in 2014

If it seems to you that the prices being paid for top collector classics at auction keep ratcheting up, you're right. In fact in the US alone, some $1.3 billion were spent on collector cars this past year – a $100 million increase over 2013's tally. And much of that was made up of Ferraris. In fact vintage Prancing Horses accounted for nine out of the ten most expensive cars sold at auction in 2014 – and their prices went up by some 43 percent. The headline of the year, of course, was the 250 GTO which Bonhams sold in Monterey for over $38 million, setting a new world record. But impressive as that was, the GTO wasn't the only eight-figure Ferrari auctioned off this year. On the same week, RM sold a 265 GTB/C Speciale for $26.4 million. Bonhams sold a 375-Plus for $18.4 million at Goodwood, Gooding got $15 million for a 250 GT California Spider, RM raked in $11.5 million for a 250 LM and another $10 million for Steve McQueen's 275 GTB/4. The rest of the list was populated by another 250 California, another 275 and a 250 Mille Miglia, each of which sold for around $8 million apiece. That's the list reported by Ferrari itself, but while the top prices listed on Sports Car Market differ slightly, any way you slice it, the top ten slots are still taken by Maranello's finest. (Hagerty, for its part, reported a slightly different list a few days ago, with eight of the top slots taken by Ferraris and two by Ford GT40s.) Oh, and in case you're wondering, the tenth car on the list was not a Mercedes – the only marque that has traded places with Ferrari for the top place any year since the turn of the millennium. No, this year, the list was rounded out by the pristine white McLaren F1 that Gooding sold for $10.75 million at Pebble Beach this year, slotting in just above the McQueen 275. News Source: Ferrari, Sports Car MarketImage Credit: Ferrari Ferrari Auctions Classics record

Jay Leno's first time behind the wheel of the F40 is a magical moment

Jay Leno has a vast collection of cars and thanks to his connections gets to drive other incredible machines. But Leno has never experienced the raw, visceral feel of a Ferrari F40, until now. It doesn't take long for him to call it the best Ferrari he's ever driven and to claim that it's one of the most exciting cars to drive. The 1990 F40 belongs to Ferrari collector and jeweler David Lee. The vehicle, like the rest of Lee's collection, is immaculate. Lee isn't a stranger to Jay Leno's Garage and has let Leno experience his other Ferraris in the past. But the F40, in all of its turbocharged fury, is Leno's favorite Prancing Horse. As Leno claims, the F40 is a visceral, raw machine that caters to those that enjoy driving. There are no driver aids to help put down the 2.9-liter twin-turbocharged V8's power and nothing in the way to dilute the driving experience. Leno even goes as far as claiming the F40 is Italy's version of the AC Cobra, which is high praise from a person that isn't a huge fan of the brand. Leno clearly caught the Ferrari bug. All it took was a drive in the iconic F40. Related Video: Image Credit: Jay Leno's Garage / YouTube Celebrities Ferrari Coupe Lightweight Vehicles Performance Supercars Classics Videos Jay Lenos Garage ferrari f40