1987 Ferrari Testarossa Excellent on 2040-cars
Astoria, New York, United States
1987 FERRARI TESTAROSSA RED / BLACK INTERIOR EXCELLENT Looking for a well-maintained Ferrari? this 1987 Ferrari Testarossa is the car for you! This car is everything you expect a Ferrari to be, striking, dramatic, gorgeous, athletic, sporty and exotic. With only 9,000 miles on the odometer, this car is ready for many more years of enjoyment. It is in excellent mechanical condition. Turn the key and marvel as the 12 cylinders fire up smoothly behind you. The 4.9 liter flat-12 cyl. makes an impressive 390 horsepower and 361 ft. lb. of torque. Behind that engine is a 5-speed manual transaxle that helps with weight distribution and getting power to the ground. That means this car can go from 0-60 in 5.3 seconds, and has a top speed of 185 miles per hour. The inside is, to put it simply, functionally beautiful. The black leather interior is in excellent condition no cracks, the carpets are nice, the door panels are not cracked and do not rattle. If you’re ready to hit the road in this low mileage Ferrari, give me a call at: 917-887-3703 |
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Former Ferrari chief Montezemolo to be chairman of Alitalia
Mon, 10 Nov 2014Luca di Montezemolo may be 67 years old, but he's not quite ready to retire just yet. Not, at least, if the latest reports emanating from Italy are to be believed. According to Reuters, the longtime former Ferrari chief is due to be named chairman of Alitalia.
The troubled Italian airline is on the verge of being bailed out after years of financial difficulty, with Etihad Airways of the United Arab Emirates set to take a 49-percent stake in the company. While the reports have yet to be confirmed by the parties involved, Reuters cites multiple inside sources in revealing that the airline's board met last week and agreed to appoint Montezemolo as chairman, with current Etihad chief James Hogan to act as chief executive officer.
Montezemolo, of course, long served as chairman of Ferrari, having assumed leadership of the company not long after founder Enzo Ferrari died. He also served as chairman of the Fiat group for several years after the passing of Umberto Agnelli, and has headed numerous trade organizations and sporting bodies. But his tenure at Ferrari and the broader Fiat Chrysler Automobiles empire came to an end two months ago when clashes with Fiat chief Sergio Marchionne saw Montezemolo step down.
Ferrari IPO could come any day now
Sun, Jul 12 2015According to Bloomberg, Fiat Chrysler Automotive Sergio Marchionne told reporters at the Toronto Global Forum that the Ferrari IPO could come any day now. "We are days away from filing the prospectus," said Marchionne, who declined to confirm whether rumors of involvement from UBS Group AG, JPMorgan Chase & Co and Goldman Sachs Group were accurate. In addition to an expected filing in New York, Marchionne hinted that a secondary filing could take place in Milan, Italy. Although the FCA Chief Executive didn't offer any expected sum for Ferrari, he had previously suggested that an IPO for the iconic Italian brand could be worth $1 billion, ringing the registers to the tune of 10 percent of the company's $11 billion valuation. According to Bloomberg, that potential sum is significantly higher than its own internal figures indicate after taking a poll of analysts who we assume must know a heck of a lot more about such things than we do. Considering how close we apparently are to the actual filing, though, we probably won't have to wait long to find out. Another hot topic any time Sergio is the subject of reporter questioning is a potential merger with General Motors or another large, full-line automaker. It seems there aren't any new revelations to reveal on the consolidation front, though Marchionne told reporters there were no plans to mount a hostile takeover of GM or any "other, less optimal" partners. Related Video: News Source: BloombergImage Credit: STR/AFP/Getty Earnings/Financials Chrysler Ferrari Fiat Sergio Marchionne FCA
Ferrari Testarossa featured in retrospective by owner Harry Metcalfe
Fri, 24 Oct 2014Harry Metcalfe, of Evo fame, got our attention earlier this week with a review of the 1954 Series I Land Rover. Today, he's gone a bit more... '80s.
Yes, this is a 1987 Ferrari Testarossa, one of the most vulgar cars from a decade synonymous with vulgar design. While your author might not be keen on its square rear end and cheese-grater doors and fenders, Metcalfe seems to like it quite a bit, giving a detailed walkthrough of his Rosso Corsa subject. That walkthrough includes some time on a subject we can certainly get behind - the TR's flat-12 engine.
Take a look at the latest from Harry's Garage.