2008 Ferrari 430 Spider F1 on 2040-cars

Auto blog

Fiat gives outgoing Ferrari chairman $35M severance package

Luca di Montezemolo may not have wanted to leave Ferrari this way, but don't feel too bad for the departing chairman, because he'll be hitting the ground with a golden parachute so big that he'll never have to work again.
According to the latest reports, Fiat will pay Montezemolo 26.95 million euros (nearly $35 million) in severance pay. A little more than half of that will be paid in a lump sum of 13.71 million euros ($17.7M, equivalent to five times his annual salary) on January 31, 2015, with the rest to be paid within the next 20 years.
The payment is contingent on Montezemolo not going to work for a competitor, so don't expect to see him replacing Stephan Winkelmann at Lamborghini or Wolfgang Dürheimer at Bugatti any time soon. At least not until March 2017. Of course with that much cash on hand, the 67-year-old marquis need never work again, but considering how busy he's used to keeping himself, we'd be surprised if he didn't pop up again somewhere.

Ferrari reveals extra 'speciale' 458

Ferrari revealed this creamy white riff on the 458 on Tuesday. But don't get too excited: It's a one-off creation built specifically for a British owner. Called the 458 MM Speciale, the supercar debuted at Fiorano, where Ferrari chief test driver Dario Benuzzi and the unnamed owner turned laps. The 458 MM Speciale is based on the 458 Speciale and uses its natural aspirated V8 paired with a seven-speed dual-clutch gearbox. This one-off is painted a shade of white called Bianco Italia. The Italian flag colors are used for stripes that run down the center of the car. Designed by the Ferrari Styling Center, the car has blacked-out A-pillars that create a visor look, updates to the aluminum bodywork, and carbon-fiber composite bumpers. There is also a new side air scoop, new air intakes, and the radiators are mounted at different angles to aid cooling. There's a tasteful spoiler in back, and the speedster rolls on eye-catching wheels with a custom cluster pattern. Inside, the owner chose an upgraded audio system and Cioccolato leather with white stitching. The controls are accented with satin white rings. Related Video: Featured Gallery Ferrari 458 MM Speciale Design/Style Ferrari Coupe Supercars

Raikkonen likely to retire from F1 after 2015 [w/poll]

Though his irreverent demeanor party-goer image might suggest otherwise, make no mistake about it: at 34 years old (and with 37-year-old Mark Webber out of the race), Kimi Raikkonen is the oldest driver in Formula One. He's three months older than Jenson Button, a good year older than his former wingman Felipe Massa, three years ahead of Adrian Sutil and a good decade beyond the latest crop of up-and-comers on the grid. So it's only natural that we should start wondering how much longer he'll stick around, and now we may have our answer.
Speaking with motorsport journalists at the British Grand Prix this past weekend, the 2007 World Champion and winner of 20 grands prix, Raikkonen indicated that the next season will likely be his last. According to numerous racing news outlets, when asked how long he plans to stay on the grid, the famously terse Finn responded: "Until my contract is finished, and then I will probably stop. That is what I think is going to happen."
Kimi was a relatively unknown entity when Sauber gave him his first drive in F1 back in 2001, upon which he finished in the points on his first race. He moved to McLaren the following season, racked his first podium finishes, and took his first win the season after that. He finishes second behind Fernando Alonso the next season, well ahead of the rest of the pack, and switched to Ferrari two seasons later in 2007, winning the world championship on his first season in red. After just three seasons, Ferrari showed him the door and Kimi left F1 entirely, trying his hand at everything from the World Rally Championship to NASCAR. He returned to F1 with Lotus in 2012, and in a rare move for Maranello, was invited back for this season on a two-year contract.