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Ferrari gives employees record $5,600 bonus on strong year

Ferrari has got to be a great place to work. In fact, it's named as one of the best places to work in Europe year after year. Add to that the pride of making some of the coolest cars in the business, running one of the winningest teams in all of motorsports (even if the Scuderia isn't doing so well thus far this season) and all around standing for the best Italy has to offer, and you've got the makings of a dream job. And it just got a bit sweeter.
That's because Ferrari has just awarded each and every one of its employees a bonus of 4,096 euros - the most the company has ever paid. That's equivalent to over $5,600 at today's exchange rates, and represents a whopping 20 percent of the annual salary for a recently hired young employee. Following two advances of 1,000 euros each, that means employees will find an extra 2,096 euros in their pay checks this month, which may not be enough to buy a new California T or 458 Speciale, but should finance a nice shopping spree of t-shirts and paperweights at the Ferrari Store or a family vacation to Ferrari World in Abu Dhabi.
The bonuses are part of a deal signed with the union in 2012, but are enabled by record profits reported by the company over the last couple of years. After 2012 emerged as Ferrari's most profitable fiscal year, it moved to reduce production, thereby increasing the value of each new car it sells to drive profits up even higher. Nice work, in short, if you can get it.

Take a video tour of the Ferrari F12 TdF's V12 engine

Ferrari's transformation of the F12 Berlinetta from a handsome GT into a road-devouring monster – the F12 TdF – seems impressive. To make sure the engine has a wail to match the threatening exterior, the Italians massaged the 6.3-liter V12 up to 769 horsepower and 520 pound-feet of torque. It now redlines at a screaming 8,900 rpm, and propels the coupe to 62 miles per hour in just 2.9 seconds. This new video takes viewers inside the upgraded mill to illustrate how these improvements were made. Among the host of changes, the intake receives variable-geometry intake trumpets. Even in his computer-animated video, they're amazing to watch in action. Ferrari has some other tricks too, though. Let the company show you the benefits of all the tweaks in this clip.

Lewis Hamilton on pole in France, Sebastian Vettel only seventh

LE CASTELLET, France — Lewis Hamilton seized pole position for the French Grand Prix in track record time as Mercedes, chasing their 10th successive win, swept the front row of the grid in dominant fashion on Saturday. The Formula One world championship leader was 0.286 seconds quicker than team mate Valtteri Bottas. Ferrari's Charles Leclerc qualified third with team mate Sebastian Vettel a distant seventh on a distinctly off day for the German. The pole, in a time of one minute 28.319 seconds, was a record-extending 86th of Hamilton's career and his third of the season. "I'm happy that I got the potential out of the car, the team did a fantastic job," said five-times world champion Hamilton, last year's winner from pole at Le Castellet's Paul Ricard circuit. "We've just been chipping away at improving the set-up of the car," added the Briton, who is 29 points clear of Bottas after seven races — all won by the pair. Hamilton also triumphed in the last two of 2018. Bottas was fastest in the second phase of qualifying but could not match Hamilton's sizzling pace when it mattered in the final shoot-out. "The wind changed direction and there was a couple of corners my line didn't work and I had to work it out but Lewis had a better lap," said the Finn. Mercedes have looked to be in a class of their own all weekend, with Hamilton or Bottas fastest in every practice session with Leclerc, rather than Vettel, consistently the best of the rest. Vettel struggled, backing out of his first hot lap and then failing to string together all the sectors smoothly on his second attempt. "I don't know what happened, I lost so much momentum there was no point to finish that lap," said the German, who starts behind the Renault-powered McLarens of British rookie Lando Norris (fifth) and Spaniard Carlos Sainz (sixth). "Some laps it felt good and others it didn't. I didn't get the best out of the car but it was difficult for me, but some laps I didn't have he grip I had before." Vettel's time of 1:29.799 was eighth tenths of a second slower than Leclerc's best. Leclerc, who starts with Red Bull's Max Verstappen alongside, asked the team over the radio to get Vettel to speed up but the Monegasque said his lap had not been compromised. Australian Daniel Ricciardo starts eighth for Renault and Red Bull's Pierre Gasly lines up ninth for his home race with Italian Antonio Giovinazzi 10th for Alfa Romeo.