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Ferrari 488 GTB slides through the night

Offer a chance to listen to a Ferrari rev, and you immediately get our attention. For a new promotional video, Pennzoil goes even further by unleashing the 488 GTB on the track and then drifting it around Barcelona, Spain, at night. Add in a some classical music to accompany the twin-turbocharged V8, and the result is a fantastic display of automotive power. The video has a simple premise of showing off the 488 GTB, but the clip excels at its goal of displaying the model's performance. Check out the action above to see what we mean. If you want to know more, a behind the scenes look is below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Related Video:

Ferrari 458 Speciale A is most powerful Prancing Horse convertible ever

Let all of the speculation finally end because the convertible version of the Ferrari 458 Speciale is here. However, the Prancing Horse isn't calling it a spider; instead it's dubbed the 458 Speciale A, which stands for Aperta or "open" in English. It's also limited to a scant 499 cars, a few more than the 458 first rumored.
Regardless of its name or production numbers, what really matters is Ferrari's claim that this is its the most powerful droptop production model ever. That is thanks to the same 4.5-liter V8 from the hardtop Speciale, with 597 horsepower and 398 pound-feet of torque.
The aluminum-retracting top doesn't change performance much, while letting the wind blow through the owner's hair at ludicrous speeds. Ferrari claims the setup adds about 110 pounds (50 kilograms) to the overall weight and can open or close within 14 seconds. Acceleration to 62 miles per hour is reported at 3.0 seconds, about a tenth slower than the coupe, and the Aperta can hustle to 124 mph in 9.5 seconds.

Ferrari CEO could retire Friday letting Marchionne step in

Rumors once again suggest that current Ferrari CEO Amedeo Felisa plans to retire from the role. Anonymous insiders tell Bloomberg that the announcement could come as soon as April 15, with an announcement at the company's upcoming investors meeting. Sergio Marchionne is the favorite to become the new CEO, the unnamed sources claim. Felisa would step down as CEO after Ferrari nominates its new board of directors, according to Bloomberg. He would likely retain a seat on the board and could still do some work at the company. Felisa joined the sports car maker in 1990 as director of product development. He replaced Jean Todt as CEO in 2008. Marchionne is already Ferrari's chairman, and taking on the CEO role in addition would give him greater control over the brand's future. Bloomberg's insiders note that Marchionne's takeover isn't final yet, and someone else could conceivably get the role. The sweater-wearing exec has a clear view for Ferrari's future, though. He plans to increase volume to around 10,000 vehicles a year, but he's staunchly against building an SUV or an EV. If he takes control, expect him to work out a plan to increase the Prancing Horse's share price. At its October IPO, the stock started at $52 a share; today it opened at $41.24. Rumors about this shift have been swirling for months. For example, reports from Italian media in June 2015 suggested Felisa would retire as CEO. Subsequent rumors claimed Marchionne was the frontrunner to take over the position. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.