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Driver, track worker survive horrific Ferrari 458 crash at Suzuka

Two people are lucky to be alive after a brutal crash during a recent Ferrari 458 Challenge event in Japan. Driver Shigeru Terajima lost control of his machine on the Suzuka Circuit start/finish straight, left the course at nearly 200 miles per hour and struck the inside wall where a corner worker was standing and monitoring the race. The 458 immediately disintegrated, sending bits of carbon fiber bodywork, suspension components, wheels and tires scattering into the infield and across the race course. The passenger cell spun through the air before coming to a stop on its roof.
Miraculously, both Terajima and the corner worker survived the incident. While the driver was transported to a local hospital in serious condition, he's expected to make a full recovery. The track worker, meanwhile, saw the incident coming and dove out of harm's way at the last possible moment, saving him from the brunt of the impact. You can watch an observer's frightening footage of the Ferrari crash by scrolling below.

Ferrari California T has a turbo V8 lurking under new nose [w/video]

The Ferrari California might technically be the Prancing Horse's entry-level model, but there is nothing basic about the latest upgrade for the California T. Showing its face to the public for the first time at the Geneva Motor Show, it is now propelled by a 3.9-liter, turbocharged V8 with 560 horsepower and 557 pound-feet of torque, which equates to an extra 70 hp and a 49 percent increase in torque over the previous engine.
The forced induction mill is enough to accelerate it to 62 miles per hour in 3.6 seconds. Also not that many Ferrari buyers are going to care, but the switch also means a 15 percent improvement in fuel economy. Oh, and based on the video preview below, it sounds pretty good, too.
While the new engine is certainly the headline grabber, there are other upgrades as well: a top that closes in 14 seconds, new steering box, improved magnetic dampers and an upgraded traction control system. Pininfarina also reshaped the nose to make it more look like Ferraris of the 1960s. This is seems to be the best looking and performing California yet.

Ferrari stock sale pegged for October, or later

The Ferrari IPO is still coming, but it won't be before Columbus Day (Monday, October 12, that is), according to Fiat Chrysler Automobiles CEO Sergio Marchionne. The outspoken exec is blaming tax reasons for the fourth-quarter date, according to a report from Reuters. Marchionne said a full year needed to pass between FCA's October 13, 2014 Wall Street debut and any additional listing. This isn't the first delay in the Ferrari IPO. FCA was originally supposed to make a 10-percent offering of Ferrari during second or third quarter of 2015, before officially pushing things back to the third quarter of this year. Now, it's unclear if Ferrari will even go public before the dawn of 2016. Related Video: News Source: ReutersImage Credit: Marco Vasini / AP Earnings/Financials Government/Legal Chrysler Ferrari Fiat Sergio Marchionne FCA fiat chrysler automobiles