Ferrari 550 Maranello on 2040-cars

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Ferrari chief staying on to launch new models in October

Luca di Montezemolo has been running Ferrari since 1991. That's a whopping 23 years already, and having been born the same year that Ferrari was founded, Montezemolo is now 67 years old. But don't expect him to be stepping down any time soon.
Addressing the rampant rumors circulating the paddock at Monza this weekend, the hereditary Marquis of Montezemolo (pictured above at the unveiling of the 458 Speciale in Frankfurt last year) insisted that he is not about to leave Ferrari. Not before 2017, anyway, having signed as recently as this past March to stay on another three years. (After that, it's anyone's guess, with some suggesting that controversial Fiat scion Lapo Elkann could take his place.) But in dismissing the rumors, the affable and long-serving Ferrari chairman did reveal some new product plans.
First of all, according to racing site Autosport.com, Luca confirmed that the Prancing Horse marque "will present a fantastic new car" at the Paris Motor Show next month, widely expected to be a new variant of the 458: either the new Speciale Spider or the turbocharged 458 M. While he was at it, though, Montezemolo also revealed a new limited edition model to be presented in California.

5 highlights from the 2018 Petersen Automotive Museum Auction

From the avant garde exterior design to the collection of vehicles between the walls, the Petersen Automotive Museum in Los Angeles is one of the coolest car museums in the U.S., and possibly the world. Among several others, the Petersen has two featured exhibits, The Porsche Effect and Legends of L.A. But the museum has a different type of viewing coming up at which you could touch, or even buy, a variety of special vehicles. After hosting its SoCal auction on the coast in Santa Monica for several years, RM Sotheby's has moved the event to the more central location of the museum. In addition to several works of art, the auction which takes place the weekend of December 7, will show several dozens of blue-chip vehicles, chosen by RM Sotheby's 30 car specialists. After sorting through lots that range from microcars to new-age supercars, here are five of the highlights that caught our eyes. 1956 Ferrari 290 MM by Scaglietti Projected Value: $22,000,000-$26,000,000 Without question, this is the crown jewel of the entire show. As the eldest and most experienced of the 11 total Ferrari lots, its estimated value of $26 million is more than five times the values of the other five cars listed below combined. From the jump, Ferrari threw the 290 into the line of fire. Starting its life with a four-cylinder 860 Monza engine and a Tipo 520 chassis, its first race was the Mille Miglia. Peter Collins was behind the wheel and racing photographer Louis Klemantaski was his copilot. Ferrari took the top five spots in the race, with this car, chassis No. 0628, finishing second. It went on to see multiple races and took on multiple forms, including a V12 swap at one point. After switching through the hands of multiple owners, it was sent to Ferrari Classiche in Maranello, where it was restored to its form at the time of the 1957 12 Hours of Sebring. It retains its original chassis, original bodywork, and original transmission, and houses the V12 from its 290 MM spec. The restoration was completed in 2015, and the car remains in incredible shape today. 1971 Lamborghini Miura P400 SV by Bertone Projected Value: $2,100,000-$2,500,000 Simply put, the Miura is one of the most significant supercars, and therefore one of the most important cars, of all time. Its two-seat, mid-engined configuration seismically shifted what a performance could and should look like, and its V12 gave it the power to be the fastest car in the world when it debuted.

Novitec shows off its version of the Ferrari 812 Superfast

It's hard to imagine improving upon the unbelievable Ferrari 812 Superfast, but Novitec now offers a way to do just that. Performance upgrades to the 789 horsepower 6.5-liter V12 are scheduled to come later, but there's no shortage of things you can tack on now. To begin, Novitec developed an aero package using carbon fiber. Developed in a wind tunnel, Novitec claims its package reduces front-axle lift after fitment of the front spoiler lip and surround for the center air intake. Carbon fiber rocker panels, a rear spoiler lip and carbon fiber rear fascia are all fitted to complete the carbon aero look. Novitec offers a lowering spring package that takes it down 1.37 inches, but improved dampers are not paired with. Since it's lowered, a lift kit can be installed, which can raise the front end by 1.57 inches with the press of a button. You'll be wanting this to save the very expensive carbon front lip we mentioned earlier. Larger wheels are added with a staggered 21-inch-front and 22-inch-rear setup. Novitec goes to the trouble of using a separate dye for each wheel so the shape of the spokes are tailored to the specific corner of the car the wheel goes on. This is cool because not only do you get a minute gain in brake cooling, but you also get to brag about your wild wheel setup. A couple different exhausts are available to make the 812 Superfast even louder than it already is. The one you'll want is made of Inconel, which is the same stuff used in Formula 1. This exhaust saves just over 24 pounds over the stock Ferrari exhaust system. A version with controlled exhaust flaps is possible, as well. We wish we could tell you how much a Novitec 812 Superfast costs with everything on it, but prices aren't available for it yet. Needless to say, Novitec knows it's pricing them for Ferrari owners, so you can bet everything will be expensive. A base 812 Superfast goes for about $335,000, but we imagine there aren't many of those in the world. Related video: