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Ferrari 488 GTE and GT3 unveiled at Mugello

Ferrari is preparing its latest assault on sports car racing with new racing versions of the 488 GTB. Presented over the weekend at Mugello, the lineup includes both GTE and GT3 racers to replace the current models that were based on the 458 Italia. Though little in the way of details were revealed at the vehicles' presentation, the principal change they present over the accomplished versions they replace are their new turbocharged engines. The 3.9-liter twin-turbo V8 replaced the 4.5-liter atmospheric V8 in the road-going version, and is now carried over to the race track as well. Output will, of course, be catered to the regulations pertaining to both classes. Not to be confused with the Volkswagen's hybrid lineup, GTE is the category that replaced the previous GT2 class, and with it absorbed the defunct GT1 class, as well. It's run principally at Le Mans and its associated championships, and the outgoing Ferrari 458 Italia GT2 has proven a force to be reckoned with. That car took top honors in its class every year since the inception of the FIA World Endurance Championship, and won its class twice at Le Mans. Its turbo successor will have quite a challenge in keeping up that legacy. The GT3 class, meanwhile, is a step below, running in the Blancpain Endurance Series, Pirelli World Challenge, and the like. Here the teams running Ferrari equipment could use some extra help, and the new 488 GT3 aims to deliver that competitive edge to get ahead of rivals. Those include GT3 racing versions of the Aston Martin V12 Vantage, Audi R8, Bentley Continental GT, Lamborghini Huracan, McLaren 650S, Mercedes-AMG GT, Nissan GT-R, and Porsche 911 (to name just a handful). Ferrari presented the pair at its end-of-year Finali Mondiali event, which wraps up the various regional Ferrari Challenge series run around the world. This year's was held this weekend at the Mugello circuit in Italy. Last year's was in Abu Dhabi where the FXX K was revealed. The previous year's was also held at Mugello, where the current 458 Challenge Evoluzione was presented. The 2016 event is scheduled to be held in North America for the first time at Daytona the weekend of December 1-4, 2016. With the GTB, Spider, GTE, and GT3 variants now presented, the next step in the fleshing out of the 488 lineup will be to present the new Challenge racer for the company's own spec racing series.

Car designer Frank Stephenson wants to show you something ... smaller

Influential car designer Frank Stephenson has often thought small. Now he’s thinking smaller. Throughout the past three decades, he has shaped — literally — some of the most indelible designs in automotive history: the modern Mini, the Ferrari FXX track star, the Maserati Gran Sport, a range of stunning McLarens and down to the funky 21st-century version of the Fiat 500. Now heÂ’s turned his pen to fashioning watches. His Cosmos analog piece, made to mirror “a black hole in space” and detailed “with an orange pinstripe which simulates the supernova glow of a neutron star,” features a Japan-built quartz movement and was created in concert with the Time Concepts company. “ItÂ’s the age-old adage ‘car people are watch people,Â’ so it was a natural step for me to get creative with timepieces too,” Stephenson said in a statement. “The collection showcases the love I have for exceptional and emotionally charged design, just like what is required in designing world class cars.” While Stephenson, who is 64, may be best known publicly for his vision of “affordable style” with the Mini and the Fiat, his ethos also translated to the utilitarian. In the case of BMW in the mid-1990s, the company was hustling to market an SUV, and turned to him for inspiration. His team had six months to complete the project. The result was the high-end X5, which Stephenson sketched during a two-hour flight. In 2018, Stephenson established the independent design company, Frank Stephenson Design, based in London. Related video: Design/Style BMW Ferrari Fiat Maserati McLaren MINI Gadgets watch frank stephenson

Ferrari 458 Speciale Spider will make Paris debut

The news out of Ferrari is coming nearly as fast as its wonderful sports cars, as of late, with CEO Luca di Montezemolo stepping down and a special model for America upcoming. Now, it's looking increasingly likely that the 458 Speciale Spider is making its world debut at the 2014 Paris Motor Show in early October, confirming earlier rumors.
Di Montezemolo had already confirmed that the Prancing Horse would unveil a new car in Paris, but exactly which model it would be had been a mystery. However, an unnamed Ferrari insider has recently confirmed to 4WheelNews that it would be the droptop Speciale.
As the name suggests, the special model takes the sonorous 4.5-liter V8 engine from the 458 Speciale with 597 horsepower and 398 pound-feet of torque and drops it into the convertible hardtop from the Spider. According to the source, the special Ferrari is also getting new wheels, stripes and seats, but the folding top might mean losing the coupe's transparent engine cover.