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Ferrari 488 GTO would be fastest V8 car ever from Maranello

It should surprise absolutely no one to learn that Ferrari may be cooking up an even hotter variant of the 488 GTB. If a report from Autocar is true, the new car will resurrect the hallowed GTO moniker and pack more than 700 horsepower from its twin-turbocharged mid-mounted V8. It would be the successor to the wild and wonderful Ferrari 458 Speciale, the swan song for the naturally aspirated V8 in Maranello. This will be the fourth time Ferrari has used the name GTO. The first was in the 1960s on the 250 GTO and then again in the 1980s on the 288 GTO. Most recently, a more track-oriented variant of the 599 GTB was released as the 599 GTO. Each of these cars eschewed most pretense of comfort and civility in the pursuit of power and performance. While they didn't carry the GTO moniker, the 430 Scuderia and the 458 Speciale were designed with a similar philosophy. Since the standard 488 GTB already makes 661 horsepower, it doesn't seem like a stretch to up the boost and strengthen the internals to move the needle past 700. Ferrari can't let the new 710-horsepower McLaren 720S have all of the fun. The 488 GTO should use lighter components and lose some interior trim and sound deadening to drop weight. Autocar believes the new model will dip below 3,000 pounds, absolutely svelte for a car this size. The car should have better aero, a revised suspension, and higher performance wheels and tires. For non-Ferrari comparison, think Porsche 911 GT3. We've seen some s py shots of a new Ferrari recently, but at the time we thought this might be the rumored Dino. It's unclear if that's still the case, but either way, look for something big from Ferrari sometime later this year. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Typhoon Jebi destroys 51 Ferraris at dealership in Japan

The strongest typhoon to hit Japan in a quarter-century destroyed an estimated $9 million worth of Ferraris at an authorized dealership on Rokko Island, an artificial island in the city of Kobe, after sending three feet of storm surge into the showroom. According to Yahoo Japan, the storm surge from Typhoon Jebi destroyed 51 of 53 new and used Ferraris housed at the dealership, including some that had already been purchased. Employees reportedly tried to cover the entrance with tarps and sandbags, to no avail. Salt water reportedly seeped into the engine bays, so the vehicles were trucked away to be scrapped. The dealership will reportedly look to insurance to recoup its losses. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Typhoon Jebi slammed into Japan's west coast Sept. 4 with winds as high as 135 mph, leaving at least 11 dead and hundreds injured. It forced the closure of Kansai International Airport for three days due to flooding and after a tanker smashed into a bridge connecting the island airport to the mainland, damaging the bridge's girders. Around 3,000 passengers had to spend the night at the airport. Separately, about 100 cars at a seaside dealership in Nishinomiya in Hyogo prefecture burned after their electrical systems shorted out from sea water, reports said. Related Video:

One-off '65 Ferrari 330 Shark Nose for auction in Scottsdale

Russo and Steele has a unique Ferrari going up for auction next month in Scottsdale, AZ. The vehicle in question is a 1965 Ferrari 330 GT 2+2 – the fastest grand touring Prancing Horse of its day – but fitted with a unique shark-nose front end. This one-of-a-kind Ferrari been comprehensively restored and has remained under American ownership since its creation. Chassis number 6,537 GT (with matching engine number) was delivered new by Ferrari's longtime North American importer Luigi Chinetti to John W. Mecom Jr. – a Texas oil baron, founding owner of the New Orleans Saints, noted car collector, and racing enthusiast. The Series I coupe arrived in a rare combination four-speed overdrive transmission and rare quadruple headlights, in dark blue with tan leather interior. Mecom subsequently had it sent back to Italy and fitted with the new front end you see here. The coachbuilt 330 was subsequently sold to owners in Georgia and Kentucky, and along the way was repainted in metallic red. The car disappeared into storage for many years before re-emerging in 2007. It then underwent a comprehensive restoration at Ferrari of Washington, where it was stripped and refinished in the original blue. The process also saw the interior reupholstered, the brightwork replated, and the original Borrani wheels fitted with fresh rubber. It has now been consigned to Russo and Steele to be auctioned in Scottsdale at the end of January. Ferrari 330s generally sell for much less than their 250-series predecessors, fetching prices in the hundreds of thousands – not millions. This particular auction house does not typically published pre-sale estimate figures, however when reached for comment by Autoblog, spokesman Darin Roberge revealed: "we expect this amazing, one of a kind automobile to cross six figures several times over." Highly Exotic, One Off 1965 Ferrari 330 GT "Shark Nose" with Important Ownership History to Cross the Block at Russo and Steele's 2016 Arizona Auction Event Scottsdale, Arizona (December 1st, 2015) – Combining avant-garde Pininfarina styling with outstanding V-12 performance, Ferrari's 330 GT 2+2 was a comfortable 2+2 model and while following in the footsteps of the prior 250 GTE 2+2, the 330 GT 2+2 upped the ante on performance and set new standards for comfortable, high-speed motoring pleasure for up to four with its 50-millimeter wheelbase extension.