Ferrari California Novitech Edition, One Of A Kind, Over 75k Spent on 2040-cars

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Watch the Ferrari F8 Tributo in its first official videos

The Ferrari 458 Italia has played a core role for the Italian brand since its debut all the way back in 2009 and has been in a perpetual state of improvement throughout the 10 years. It has evolved through numerous stages and earned a new name at each step, from the Speciale to the 488 GTB to the Pista to the newest model, the F8 Tributo. Although each car has the same genes, every one has a slightly different look due to numerous aerodynamic tweaks and subtle bodywork changes. The new angles are obvious in the Tributo's first official videos released this week. The video above premieres the car in a mountainous environment with all the curvy roads one could ever need. It flips between close-ups of the car, driving shots, and hazy smoke-filled displays of power. The only negative is the super-quick cuts don't allow much time to stare. The videos below put the F8 Tributo's aerodynamics and power on display. Several parts of the Tributo's salacious body is functional, including the front S-Duct, the front splitter, the underside vortex generators, the beefier rear spoiler, and the rear diffuser. It also has some hidden tricks using active features. Overall, Ferrari says it has 10 percent better efficiency than the 488 GTB. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Power comes courtesy of a different 458 family member, the 488 Pista. They share Ferrari's twin-turbo 3.9-liter V8 that makes 710 horsepower and 568 lb-ft of torque. It's the most powerful V8 Ferrari has ever put in a car that wasn't part of a special series. Get more familiar by watching all three clips. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Car Club USA: Ferrari Club of America

Car Club USA heads to Florida for the Rolex 24 Hours of Daytona, where, for the Ferrari Club of America, the real fun begins the day after the storied endurance race. Ferrari owners from across the country gather every year to watch the pros on race day, and then take over the track to get a chance to run their Italian Stallions at speed. "The key to the Ferrari club is that we're a bunch of like-minded people," says Steve Selz, Director of the Ferrari Club of America Florida Region. "We're a bunch of enthusiasts who really have a passion for the Ferrari mark." Watch as owners of a 458 Italia, 430 Scuderia and genuine MOMO World Sports Car to the track to enjoy their Ferraris and improve their lap times. Each Car Club USA episode features a different car club or event from across the US, where passionate owner communities gather to share automotive experiences and embark on incredible adventures. From Main Street cruises to off-road trails, catch all the latest car club activity on Autoblog.

Fiat Chrysler begins Magneti Marelli spinoff

MILAN — Fiat Chrysler has kicked off its planned spinoff of parts maker Magneti Marelli, which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed. The spinoff is part of a plan by FCA Chief Executive Sergio Marchionne to "purify" the Italian-American carmaker's portfolio and to unlock value at Magneti Marelli similar to his earlier spinoff of Ferrari. Analysts say Magneti Marelli could be worth between 3.6 billion and 5 billion euros ($4.2 billion to $5.8 billion). It sits within FCA's components unit alongside robotics specialist Comau and castings firm Teksid. FCA has created a separate entity called MM Srl, the document showed, into which it will fold Magneti Marelli's electronics and electro-mechanical operations related to racing motorbikes and racing cars, as well as 14 other holdings in various companies around the world, including Germany, Slovakia, Mexico and South Africa. MM will be incorporated into a Dutch holding company via a cross-border merger, it added. FCA declined to comment. The move follows a similar procedure adopted by FCA for the spinoff and listing of Ferrari as well as of trucks and tractor maker CNH Industrial, both registered in the Netherlands and listed in Milan. The Dutch holding company would allow Marchionne, known for his success in extracting shareholder value through this strategy, to introduce a loyalty share scheme to reward long-term investors through multiple voting rights, as was the case with CNH and Ferrari. That would tighten the grip of FCA's controlling shareholder Exor, the Agnelli family's investment holding company, on the parts maker. Magneti Marelli, which employs around 43,000 people and operates in 19 countries, is a diversified components supplier specialized in lighting, powertrain and electronics. The Magneti Marelli separation is expected to be completed by the end of this year or early 2019, FCA has said. FCA's advisers initially looked at a possible initial public offering for the business to raise cash to cut FCA's debt, but the Agnelli family — FCA's main shareholder — was put off by low industry valuations and did not want its stake in Magneti Marelli to be diluted, three sources close to the matter told Reuters in March. Magneti Marelli has often been touted as a takeover target, and FCA has fielded interest from various rivals and private equity firms over the years.