2007 Ferrari F430 Coupe F1 4.3l 483hp V8,rosso Scuderia/nero,pwr Daytona Seats! on 2040-cars

Auto blog

Ferrari Purosangue SUV test mule spied in video

We all know Ferrari has lost its shame and is working on an SUV, but here's the first hint of it with this video of what's most likely a Purosangue test mule. Yes, Ferrari Purosangue is the terrible name reportedly being given to the upcoming vehicle that Ferrari will not want you to call an "SUV." But what we're looking at here is the body of a GTC4Lusso with some obvious SUV hints. Just look at the ground clearance and wheel gap on this thing. That's clearly not typical Ferrari style. The video was captured by SupercarsNews on YouTube, and is actually quite comical too. As soon as the driver of the Ferrari notices the videographer standing by the fence, he jumps on the brakes and backs out of there behind the cover of trees. All was for naught, however, because we got to see and hear the test mule anyways. We don't imagine the Purosangue SUV/crossover thing will end up looking like this when it comes out. It is the first physical "proof" of the Ferrari utility vehicle, though, with a launch sometime early in the next decade forthcoming. Unfortunately, the quality of the video is on the poorer side of things, so it's difficult to pick much out beyond the high ride height. The sound of a modern Ferrari engine is evidently there — we wouldn't doubt this car being offered with an electrified powertrain too eventually. There's no information on where this video was shot, but chances are the videographer is right next to Ferrari's home in Maranello with this kind of a vehicle out and about. So go ahead and watch the video above -- it's a pretty weird sight to see a lifted Ferrari. Related video: Rumormill Spy Photos Ferrari Crossover SUV Luxury Performance

Weekly Recap: Ferrari, Ford and Porsche power up for Geneva

Monday was Groundhog Day. Tuesday, apparently, was Sports Car Day. The Ferrari 488 GTB, the Ford Focus RS and the Porsche Cayman GT4 all debuted within hours of each other ahead of their rollouts at the Geneva Motor Show. Three sporty machines, three vastly different approaches – and a lot of implications for enthusiasts. That's a day worth repeating. It also illustrates the opportunities automakers see in the performance market, which is expected to grow in the coming years. Ford estimates the segment has expanded 14 percent in Europe and surged 70 percent in North America since 2009. The Detroit Auto Show was evidence of this, and performance cars of every stripe debuted, including the Acura NSX, Ford GT, Alfa Romeo 4C Spider and several others. This isn't a fad. Performance cars aren't going away. The question is why? Stricter CAFE standards are looming in the United States, as are tighter emissions regulations in Europe. And no one expects gas prices to remain low in America. None of this matters for sports cars, and automakers are increasingly using them to elevate their images. That's why Dodge rolled out two 707-horsepower Hellcats last year. It's why Ford has decided to resurrect the GT for road and track. It's why in the depths of bankruptcy, General Motors continued work on the Chevrolet Corvette Stingray, not to mention the Z06. "Great brands are made one car at a time," Ford of Europe president Jim Farley said at the reveal of the Focus RS. Still, companies make those cars for different reasons. View 5 Photos Mainstream brands like Ford and Dodge want to build cars that get people talking, excite their bases and drive more potential customers into the showroom. They probably don't buy a Focus RS or a Hellcat, but suddenly the regular Focus hatch looks a bit hotter, and that V6 Charger seems to be just a touch more muscular. The halo of performance is alive and well in the eyes of automakers and their customers. "It's one of the most effective catalysts for ingenuity and innovation," said Joe Bakaj, vice president of product development for Ford of Europe. That also leads to a trickle-down effect. Some of the technologies inevitably make their way to other products. It's hard to think the new all-wheel-drive system in the Focus RS that distributes torque front to rear and side to side won't be used in other vehicles. It's different for Ferrari and Porsche.

Ferrari worth over $11 billion, says Marchionne ahead of IPO

We all know that cars from Ferrari sell for hundreds of thousands, if not millions of dollars. But how much is Ferrari worth as a company? At least ten billion, according to its chairman. Speaking at the launch of the revised Fiat 500 in Turin on Friday, Fiat Chrysler CEO and Ferrari chairman Sergio Marchionne said he expected the vaunted Maranello-based supercar manufacturer and racing team to be valued at over 10 billion euros, or about $11 billion at current exchange rates. As Bloomberg points out, that would make Ferrari alone account for some 60 percent of the value of its parent company Fiat Chrysler Automobiles, which is currently valued at over 16 billion euros. That may seem like an aggressive estimate, but we won't have to take Marchionne at his word for long. After having floated an Initial Public Offering on the New York Stock Exchange last year, Fiat Chrysler is preparing to do the same with its Ferrari unit as soon as October. FCA will not, of course, be selling off all of its shares. The projected scheme would have ten percent (worth about one billion by Marchionne's estimates) of Ferrari's shares floated on the NYSE. Another 10 percent is expected to remain in the hands of founder Enzo's son (and company vice chairman) Piero Ferrari's hands. The remaining 80 percent is slated to be distributed among Fiat Chrysler's existing stakeholders.