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2017 Ferrari Model Year Preview and Updates

Despite the stereotypes surrounding Ferrari and its owners, at least a few of these automotive thoroughbreds are still bought for driving. And in 2017 the driving has never been better. A V8-equipped GTC4Lusso T is a welcome addition, while the entry-level California T remains relatively accessible. FERRARI 488 GTB/GTS: Some forty years after introducing the now-iconic 308 GTB, Ferrari continues the 'Berlinetta' format with power supplied by a 3.9-liter twin-turbo V8. The GTS (Spider) shares the same drivetrain and architecture, but offers a power retractable hardtop that folds in 14 seconds. Both are unchanged for the 2017 model year. CALIFORNIA T: Ferrari's most accessible GT now offers a Handling Speciale package, which makes the California's handling more 'special', with stiffer springs and magnetic dampers reprogrammed for a more athletic dynamic. This mod also ups the decibels by three. It, too, is powered by a 3.9-liter V8, albeit in a lower state of tune than the 488. F12 BERLINETTA: You may have missed the F12tdf, as fewer than 800 examples were produced. The Tour de France commemorative offered an upgraded V12 in combination with a faster acting twin-clutch gearbox. The V12 remains naturally aspirated, and delivers – in either standard or tdf versions – over 700 horsepower. GTC4LUSSO: The family-friendly Ferrari boasts generous 2+2 seating. For 2017 there's a massaged V12 and new touchscreen. With all-wheel drive this is the all-season, all-climate Ferrari. GTC4LUSSO T: Take the GTC4LUSSO, pull out the V12/AWD drivetrain and substitute the same V8 as the California T, in combination with rear-wheel drive. The combo is lighter, tighter, less expensive, and brand new for 2017.

Ferrari CEO Amedeo Felisa reportedly stepping down [UPDATE]

Update: In a statement to Autoblog, Ferrari USA predictably responded: "We do not comment on rumors. There is no announcement at this time." Rumors are currently swirling in the European media that Ferrari CEO Amedeo Felisa (pictured above) is stepping down from his position at the Prancing Horse. An exact timeframe isn't clear at this time. Motori Online from Italy indicates Felisa might not leave the company until September, whereas Autocar reports that he has already resigned from the Italian automaker. Autoblog has reached out to Ferrari for clarification, but the Maranello-based firm has not yet officially confirmed any of this speculation. Felisa has been the company's CEO since 2008 when Jean Todt stepped down. He joined Ferrari in 1990 as the director of product development and became general manager there in 2006. Felisa was also among people thought possible to take the role as chairman when Luca di Montezemolo left the Prancing Horse last year. Sergio Marchionne retained that role. If these rumors prove true, Felisa's departure would be the biggest corporate shakeup at Maranello since di Montezemolo's departure. The move would also come at a time that's not particularly pleasant for Ferrari or its corporate parent. Marchionne recently indicated that the Prancing Horse was just days away from filing the prospectus for its imminent initial public offering. The Fiat Chrysler Automobiles executive had previously put Ferrari's value at around $11 billion. So far, all we have are rumors and reports, but as soon as we know more, so will you. Stay tuned.

Newlyweds crash rented Ferrari into a house

A newly married couple had a rough wedding day when they crashed their rented Ferrari into a house in Burnley, Lancashire. Lancashire Road Police tweeted a photo on April 17 of a white Ferrari 458 Spider that crashed into a row house. The crash folded the hood nearly in half and completely destroyed the car's front fascia but no one was injured, according to the Daily Mail. The car, worth a cool 240,000 pounds, or 342,500 dollars, is owned by a rental company called Platinum Executive Travel. The son of the company's owner, Aleem Iqbal, made a statement on Twitter after the crash, assuring his tens of thousands of followers that he was not at the wheel of the mangled Ferrari when it went into the wall. "Thanks for all the kind messages," Iqbal tweeted from his personal account. "I wasn't at the wheel and nobody was injured that's the main thing, have had a lot worse in business." In a follow up tweet he stated, "At least people in Burnley will have something to talk about for a few weeks." Iqbal's statement about worse things happening in his business is true, and this is not the first of PET's pricey supercars to be destroyed. Within a five-week period in 2014, arsonists destroyed four of PET's cars worth more than 500,000 pounds or 713,000 dollars. In one attack, a Lamborghini Aventador rented for a wedding was torched outside a house in Luton. Iqbal called that attack a "vile act of jealousy" targeting the family of the newlyweds. Weeks later, two Audi R8 Spyders and a Bentley Flying Spur were firebombed at the PET offices in Yardley. The Daily Mail has contacted Platinum Executive Travel for an official statement about the Ferrari crash, but has not received a response. The driver and passenger of the wrecked Ferrari were not identified. Related Video: News Source: The Daily Mail, The Mirror, TwitterImage Credit: Lancashire Road Police Weird Car News Ferrari Driving Performance Supercars rental car