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Ferrari FF spotted testing, may get new turbo engine

With the introduction of the turbocharged Ferrari 488 GTB at the upcoming Geneva Motor Show, the FF is about to be the oldest model in the Ferrari lineup. The Prancing Horse doesn't appear to want the 2+2 shooting brake getting too much longer in the tooth, though, if this prototype is any indication. This one wears all of its camouflage around the lower grille and hood, and the tape makes it look like Ferrari is trying to direct air to some new ducting under its bodywork. Beyond just some updated styling, these changes suggest something different is going on under the hood. One possibility stems from an earlier rumor that Ferrari's V12 models could get hybrids to be more efficient and boost power. Alternatively, other rumors suggest that the FF might get the 3.9-liter turbocharged V8 from the California T and 488 GTB to create a new, entry-level model. Ferrari has already been caught on video lapping an FF around the Fiorano test track. It looked relatively normal except for some odd exhausts poking out the rear, which weren't on display for this test car. In any case, one thing is certain: The Prancing Horse definitely has something in the works for its all-wheel drive wagon.

Ferrari Enzo split in half in crash could sell for millions

The 2004 Ferrari Enzo you see here is quite unlike any other. You see, back in 2006, tech entrepreneur Stefan Eriksson famously sliced this Enzo in half when he hit a pole along the Pacific Coast Highway while allegedly speeding at around 160 miles per hour (as you can see in the image below). And now you can bid to own it. RM Sotheby's will auction the infamous supercar in Paris on February 3. The supercar carries an estimate of between 1.5 million and 2 million euros ($1.6 million to $2.2 million at current rates). Eriksson initially claimed that a buddy was driving when the accident happened but eventually came clean. The authorities charged Eriksson with nine offenses, including grand theft, drunk driving, embezzlement, and illegal gun possession. He was later sentenced to three years in prison. Despite the horrendous damage, Eriksson's Enzo has survived. According to RM Sotheby's auction description, the Ferrari Technical Assistance Service rebuilt the car and added satellite navigation, a Bose stereo, reverse camera, power windows, and a subtle carbon fiber rear spoiler. The team also repainted the exterior in a beautiful shade called Nero Daytona and installed a Rosso interior, which replaced the original combo of Rosso Corsa on the outside and Nero inside. The car has covered 2,500 kilometers (1,553 miles) and remained in Europe since it was rebuilt from the untimely accident. The car also comes certified by Ferrari Classiche to confirm its authenticity. The Enzo is a special vehicle even without this one's great story, representing as it does a big leap forward for modern supercars. A 6.0-liter V12 with 660 horsepower sits behind the driver, and a six-speed sequential gearbox gets the power down. We can't wait to see what this interesting example brings at auction. PARIS 3 February 2016 Lot 138 2004 Ferrari Enzo Chassis no. ZFFCZ56B000135564 Engine no. 080164 Assembly no. 52696 ˆ1.500.000 - ˆ2.000.000 To be auctioned on Wednesday, February 3, 2016 Documents: French Certificat d'Immatriculation 660 bhp, 5,998 cc DOHC 65-degree V-12 engine with Bosch Motronic engine management and electronic fuel injection, six-speed electro-hydraulic computer-controlled sequential F1 transmission, limited-slip differential and traction control, front and rear pushrod-actuated double wishbones with horizontal external reservoir coil-spring damper units, and four-wheel ventilated carbon-ceramic disc brakes.

Ferrari stock falls after new CEO calls Marchionne's goals ‘aspirational’

MILAN — Ferrari's new boss sought to reassure investors that he would execute midterm targets set by his predecessor, Sergio Marchionne, but the stock has fallen by 12.5 percent since Wednesday after he described the goals to 2022 as "aspirational." Louis Camilleri was appointed chief executive of the Italian supercar maker on July 21, succeeding Marchionne, who fell seriously ill and later died after suffering complications following surgery. The sudden change jolted investors who had expected Marchionne, who nearly tripled Ferrari's value since taking it public in 2015, to stay on as CEO and chairman until 2021. It also left Camilleri, 63, to finish scripting a midterm strategy that will be presented in September and is meant to show how the company plans to achieve financial targets unveiled earlier this year, notably a goal to double core earnings to 2 billion euros ($2.33 billion) by 2022. In a post-results conference call with analysts, Camilleri said he and Marchionne, with whom he had interacted for years, shared the same ambitions for the company. The tobacco veteran, chairman and former CEO of Philip Morris International has served on the Ferrari board since 2015, while Marchionne in turn sat on the board of PMI. Asked about how he planned to deliver on the targets set by his predecessor, Camilleri said he would provide details during capital market days to be held on Sept. 17-18 at the company's headquarters in Maranello, Italy. "They are aspirational targets. At the capital markets day, we will tell you how we plan to get there," he said. "We will also have to disclose potential risks to that, but also significant opportunities that we see going forward." Ferrari's Milan-listed shares fell after the comments, and its shares on the New York Stock Exchange fell from a Wednesday high of $134.77 to $117.99 on Thursday morning. Tough act to follow At Ferrari, Camilleri has a tough act to follow. Marchionne orchestrated Ferrari's spinoff from parent Fiat Chrysler, positioned it as a luxury icon rather than a car manufacturer, and managed to do what few thought possible: sail through a self-imposed cap of 7,000 vehicles per year without sacrificing pricing power and exclusive appeal. When its share price hit a record high of 129.90 euros in June, the company that sold just under 8,400 vehicles last year was worth around 24 billion euros, almost as much as Fiat Chrysler, which shipped 4.7 million cars.