1988 Ferrari Testarossa 4.9l H12 Rwd Black With Black Interior 21,935 Miles on 2040-cars

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Ferrari CEO confirms hybrid model will be revealed this month

Ferrari confirmed it's going to reveal a hybrid supercar before the month is over in its Q1 2019 financial call. CEO, Louis Camilleri made the statement. "The second model will be presented at the end of this month, with the world premiere held here in Maranello. As we have stated previously, it will be a top-of-the-line hybrid with supercar performance and a true beauty," Camilleri said. The Motley Fool posted a transcript of the entire earnings call online, and Motor1 initially reported the news. We knew a hybrid supercar was on its way, but now we know it's for sure happening this month from Maranello. The most recent rumors and reports concerning this car was that it would be a twin-turbo V6 with a combined system output of 723 horsepower and 800 pound-feet of torque. A V8 hybrid powertrain in a different model is also expected to be revealed at some point, but that's reportedly going to come after the V6. Camilleri went on to say that this car "will be above the 812 Superfast. So it's not a 488 replacement per se." The 812 Superfast has supercar performance from its 6.5-liter V12, but it's more of a grand tourer in the Ferrari lineup. And the F8 Tributo was just released as the 488 GTB's successor, so it's more likely to be similar to the 812 with a different powertrain. Sitting above the 812 Superfast is no small chore, though, as that car makes 789 earth-shattering horsepower and 530 pound-feet of torque. Ferrari has dabbled in a hybrid powertrain before with the LaFerrari. That car had a 6.3-liter V12 supplemented by a HY-KERS unit, providing an extra 161 horsepower and 199 pound-feet of torque from its electric motor for a grand total of 950 ponies and 715 pound-feet of torque. This hybrid Ferrari will certainly be less powerful than that, but we don't know exact layout or function of the new system Ferrari is going to use yet. Watch out toward the end of May for this electrified Ferrari to finally make its debut.

Ferrari 488 GTB among the best car designs of 2016 [UPDATE]

Can't decide whether the Ferrari 488 GTB looks better than the 458 Italia it replaces? A design jury has make up its mind. The 2016 Red Dot design awards are being announced today, and Maranello's latest eight-cylinder, mid-engined supercar won top honors. The Red Dot Awards for Product Design recognize the best new products on the market across an array of categories and industries, including automobiles. This year's panel of 41 experts, including Chris Bangle and Ken Okuyama, evaluated some 5,200 designs. From those, they selected 1,304 for a Red Dot award, and only 79 as the "Best of the Best" – among them the new Ferrari. This is the second year in a row the Prancing Horse marque has been awarded the honor, having been earned an award for the FXX K last year. A full list of this year's honorees isn't yet available, and it's uncertain that other automakers will earn awards. Last year's list also included the Mazda MX-5, Mercedes-AMG GT, and Volvo XC90. The Peugeot 308 SW, if you can believe it, was the only car awarded Best of the Best in 2014, the Audi R8 in 2013, and the Renault Twizy in 2012. UPDATE: The Red Dot organization has released the full list of this year's product design honorees, with the McLaren 570S and Kia Optima also awarded among the Best of the Best. Red Dots were also awarded to the Audi A4, R8, and Q7, BMW 7 Series, M2, and X1, Fiat Toro, Hyundai Ioniq, Kia Sportage, Mercedes C-Class, Skoda Superb Estate, and Volvo S90. The jurists also gave Honorable Mentions to the Borgward BX 7, Genesis G90, Mini Clubman, Qoros 3 City SUV, and Smart Fortwo Cabriolet. The 488 GTB wins the Red Dot award The V8 sports car named "Best of the Best" Maranello, 30 March 2016 – The 488 GTB has won the Red Dot Best of the Best award for its design and innovative lines. This is the latest in string of plaudits garnered by the Ferrari Style Centre which also picked up several IF Design Awards in Munich, Germany, at the start of the month. On the latter occasion, the big winner was the FXX K (Red Dot Best of the Best 2015) which took home the Gold Award, the Hannover institute's top prize. However, the 488 GTB and 488 Spider also scored a double whammy at the same event with a Design Excellence Award apiece.

What's the smarter investment, Ferrari stock or a Ferrari?

Fiat Chrysler Automobiles is gearing up to spin Ferrari off into its own company, and float some of its shares on the stock market. But buying and trading in Ferrari stock could face a rather unlikely competitor from within. As Bloomberg points out, the values held by classic Ferraris keeps going up, and by no small margin. Even something as relatively humble as the 80s-era Testarossa, for example, has nearly doubled in value over the past year alone. Meanwhile the value of some models – particularly those built in the 1950s, 60s, and 70s – have skyrocketed nearly seven-fold since 2006. Just look at the 250 GTO, one of the most coveted of classic Ferraris among collectors: not taking inflation into account, they were worth thousands in the late 60s, were already selling for hundreds of thousands in the 1980s, and by now are trading hands – on the rare occasion when they do trade hands – for tens of millions. One sold in 2004 for $10 million, and another in 2013 for over $50 million. Those kinds of increases can make a vintage Ferrari seem like a sound investment. That might make it difficult for Ferrari's stock to compete. The company hopes investors will view it as a luxury goods manufacturer along the likes of Prada, Hermes, or Louis Vuitton Moet Hennessy, the stocks of which tend to increase in value at a greater rate than those of most automakers. But even the best of those luxury stocks have merely doubled in value since 2006, compared to the aforementioned seven-fold increase enjoyed by some classic Ferraris over the same period. Add to that the prospect of actually getting to enjoy owning a classic Ferrari – albeit at the risk of damaging it and hindering its value – and the idea of investing in Maranello's products instead of its stock can seem like a much more enticing prospect. Related Video: