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New Ferrari F1 car looks like a big step up, says Sebastian Vettel

SILVERSTONE, England — Ferrari's new SF71H Formula One car already looks a big step up from last year's before it has turned a wheel in anger, four-time world champion Sebastian Vettel said at Thursday's unveiling. The sport's oldest and most successful team is hoping the car, with more red and less white in the livery following the departure of sponsor Santander, will take it to a first championship in a decade. Vettel won five races last season but finished runner-up to Mercedes' Lewis Hamilton, who is now also a four-time world champion. "Now is the time when you see the car, it's all ready and you want to get in and go out on the track and have a go," the German told guests at the Italian team's Maranello factory. "To stand here now is very special for all of us. I think they are all waiting for us to say how it feels. So we can't wait to get out on track to see how the car performs, how it behaves. "I think that's the answer that we all want to hear, and we go from there. For sure, the amount of effort that has gone in and the attention to detail in so many areas is impressive." The presentation, online and through social media channels, came on the same day that Mercedes was showing off its new F1 W09 car. In an act of sportsmanship, the British-based team made sure reporters attending their event at Silverstone could watch the Ferrari unveiling on television screens during a break for lunch. Ferrari technical head Mattia Binotto said the car, narrower and with a slightly longer wheelbase as well as more aggressive sidepods, was an evolution of the 2017 car, which performed well on slower speed circuits but lacked reliability. "Every little detail matters, every part can make a difference, and I think this year's car is a big step from last year's," declared Vettel, whose four titles were with Red Bull between 2010 and 2013. Finnish teammate Kimi Raikkonen, who is now 38 and out of contract at the end of the season, said it looked good despite the addition of the now-mandatory halo head-protection device. "When it looks nice, the speed is also there. But obviously we will see that next week," said the 2007 world champion who will be testing the car with Vettel at Barcelona's Circuit de Catalunya next week. Reporting by Alan BaldwinRelated Video:

Lamborghini caps 2020 production at 8,000 to preserve cachet, resale values

Lamborghini chairman and CEO Stefano Domenicali told Car Advice that the Sant'Agata Bolognese automaker will cap production at 8,000 cars in 2020. Even though the cap doesn't take effect for a year, it has caught us by surprise — we didn't realize just how well Lamborghini is doing. In 2010, Lamborghini sold 1,302 cars worldwide, while its rival in Modena sold 6,461 units. Last year, Lamborghini broke all of its records on the way to a 51 percent sales increase and 5,750 cars delivered. The cap maintains two post-sale hallmarks required to fuel Lamborghini's new-car sales: exclusivity and resale values. Ferrari has led the way with public declarations of voluntary caps to maintain brand cachet, and Lamborghini's happy to shadow that leader. Domenicali, an ex-Ferrari man, didn't miss an opportunity to put the running bull's nose ahead of the prancing horse's in his comments, though. He told the Australian publication, "I can also say that for us, Ferrari has always been a reference ... as well as others in the super sports car segment, but we have already achieved higher residual values for our cars, especially with some of our older models." The boss marked out half the 2020 allotment for the Urus, two-thirds of the remainder for the Huracan, and the rest for the Aventador. We expect any 2020 cap to apply only to 2020, though. If Lamborghini can hustle a 40 percent increase in deliveries this year — 2,300 more units, and that's not outside the realm of possibility since this is the first full year of Urus sales — then in 2019 the carmaker will exceed the 2020 cap by 50 units. In such case, shrinking supply next year would help sustain the lather of acolytes, as well as copy another page from Ferrari's handbook. In 2013, then-Ferrari CEO Luca Montezemolo held production to under 7,000 units, after building 7,318 cars in 2012. In 2014, then-Ferrari CEO Sergio Marchionne said he'd stick to the "willful and intended" 7,000-unit cap. But when Ferrari announces its 2018 results soon, we expect uncapped shipments to exceed 9,000 units. Other upward pressures on Lamborghini's sales would be the success of the Huracan GT3 EVO, which won the GTD class in the weekend's Rolex 24 at Daytona, a year after the Huracan GT3 won in 2018. Lamborghini Squadra Corse has built more than 200 customer racers, and no one would rule out a few more orders phoned in on Monday.

Two Ferrari LaFerraris are for sale in Dubai

You can rest assured that a disproportionate share LaFerrari production run headed to the United Arab Emirates. Of those, two examples of which are now listed for sale in Dubai alone on Dubicars.com. Both of them are red, which is no surprise. The first, pictured in the image gallery above, is a brand-new 2014 model for sale at the emirate's famed dealership Al Ain Class Motors. The 2014 model is listed with zero miles on the odometer, though we'd be surprised if it hadn't racked up at least a few delivery and test miles. All it will cost you is a small matter of 11,000 Emirati Dirham, which works out to a hair under $3 million at current exchange rates. GTR Motors hasn't listed how much it wants for this second example depicted in the video below. But you can bet that – even with 398 kilometers (or 247 miles) on the clock – this 2015 example will still command a significant premium over the $1.35 million the factory charged for these hybrid hypercars when they were new. If you can scrape together the cash for either, you'll be getting arguably the ultimate Ferrari road car to date, packing a 6.3-liter V12 hybrid powertrain good for 950 horsepower and a 2.5-second 0-60 time. The factory in Maranello only built 499 of them, so finding one – let alone two – up for grabs is a bit of a rarity. Of course if this particular Prancing Horse isn't your cup of tea, there's plenty of other enticing machinery on offer, including a McLaren P1, Koenigsegg CCX, three Porsche 918 Spyders, and a handful of Bugatti Veyrons. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 2014 Ferrari LaFerrari for sale in Dubai View 14 Photos News Source: Al Ain Class Motors, GTR Motors via Dubicars.com Auto News Green Ferrari Coupe Hybrid Supercars dubai ferrari laferrari laferrari