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Faraday Future to hire former Ferrari exec Marco Mattiacci

Electric car manufacturer Faraday Future has lured a very big fish to its executive pond, hiring former Ferrari executive Marco Mattiacci, a source told Autoblog. Business Insider also reported the move. It's unclear what role Mattiacci will have at Faraday, but he served with distinction at Ferrari. Between 2006 and 2014, he was the head of Ferrari North America and Ferrari Asia Pacific, though that success didn't translate to motorsports. Mattiacci succeeded Stefano Domenicali as team principal of Scuderia Ferrari in April 2014 and led the team to a fourth-place finish, behind Mercedes, Red Bull, and Williams. The Scuderia were not pleased and Mattiacci resigned. Faraday is no stranger to snagging talent from other automakers. It hired employees from Ford, GM, and BMW and has done an especially good job of poaching talent from Elon Musk. It lured Tesla's vice president of regulatory affairs and deputy general counsel, James Chen, last month. Faraday hired the head of Model S production, Dag Reckhorn, to serve as its global VP of manufacturing, and in April it brought in Tesla's director of global supplier industrialization, Andrew De Haan, to run the Faraday's Nevada factory. Business Insider reports Faraday has even poached SpaceX employees. We expect more hiring from Faraday in the future, too. The company's website is packed with California-based positions for everything from vehicle safety to autonomous driving to product planning. Related Video: News Source: Business InsiderImage Credit: Dom Romney / Getty Images Green Hirings/Firings/Layoffs Ferrari Autonomous Vehicles Electric faraday future faraday marco mattiacci

Michael Schumacher’s championship 2002 Ferrari F2002 set for auction

RM Sotheby's November auction in Abu Dhabi might still be months away, but Formula 1 just gave racing fans a huge reason to get excited for the event now. F1 and Sotheby's announced 10 early entries for the auction, and the most special of the bunch is the 2002 Ferrari F2002, Michael Schumacher's championship-winning race car. Schumacher dominated the field throughout the 2002 F1 season by finishing first or second in every race. That season, he won in Australia, Brazil, San Marino, Spain, Austria, Canada, Great Britain, France, Germany, Belgium and Japan. Schumacher didn't use this exact car, chassis No. 219, for every race, but it is the vehicle he was driving when he won at the French Grand Prix, where he secured his fifth drivers' championship title (his teammate Rubens Barrichello took second but had about half as many points as Schumacher). Ferrari, having won all but two races that season, also took the constructors' championship that year. After its time in competitive racing, 219 was used as a test car for the remainder of the 2002 season before eventually retiring the next season. Since then, it has been owned by various private collectors. The F2002 was an absolute force of a machine. It used a 299.66-cc 90-degree V10 that made 823 horsepower at 17,800 rpm that paired with a fused titanium seven-speed gearbox. The car's structure was a honeycomb and carbon-fiber composite monocoque. Steering was mechanical power-assisted rack-and-pinion. It also had carbon-ceramic composite brakes and a suspension setup with independent push-rods, twin wishbones, torsion bar springs and telescopic shock absorbers. So how valuable is a car with this much history? Well, a 2013 Gooding & Company auction at Pebble Beach offered F2002 chassis No. 220, and it sold for $2,255,000. We expect this car to easily surpass that number. However much it sells for, RM Sotheby's says "a percentage of proceeds" will go to the Keep Fighting Foundation, which is inspired by Schumacher. Mark the date on your calendar: November 30, 2019.

Chevy ad compares Spark EV with Ferrari 458 Italia

Chevrolet's new commercial for the 2014 Spark EV emphasizes the little hatchback's performance over pretty much everything else, and it even goes as far as to compare it to a Ferrari 458 Italia. That's right, the electric bubble is pitched in the commercial as having a higher torque figure than the Ferrari - and it does, with a massive 400 pound-feet ready to be unleashed.
That doesn't translate into a quicker car, however, as the 458's V8 with 570 horsepower and not-exactly-quaint 398 lb-ft gives it a 0-60 time of 3.0 seconds compared to the Spark EV's 7.6-second run.
"We think the fun-to-drive element is an area for us to differentiate ourselves," Sam Basile, executive chief engineer for GM's global minicars and emerging-market vehicles, told Automotive News.