2006 Spider F1 Used 4.3l V8 32v Automatic Rwd Convertible Premium on 2040-cars

Auto blog

Ferrari cuts Toronto lawyer a deal to replace his flooded California [w/video]

A Ferrari might be the last vehicle you'd want to be driving when streets are submerged in water, but Toronto lawyer Howard Levitt was unfortunate enough to be behind the wheel of his $200,000+ Ferrari California when the tunnel he was driving through started to fill up. It was July, when parts of the Canadian city were flooded, but he was determined to make his flight to a court appearance the next day. So Levitt abandoned his metallic blue supercar in the middle of the street and took a cab to the airport, the National Post reports.
The car subsequently was totaled, and the insurance company covered the damage, so after completing his court assignment (and a column for the Financial Post that was due the same day), Levitt began to search for a replacement for his California - driving his 1994 Dodge Viper in the meantime. He decided on a 2014 California in the same metallic blue to replace his 2010 model. When he approached Ferrari to put in an order, the Italian marque was waiting for him, having heard of his mishap. The company offered him a "very generous" deal on a 2014 model; an undisclosed amount less than the after-options retail price of around $300,000.
The new Ferrari is expected to be delivered to Levitt in November, and we can only hope another flood doesn't catch him off guard. We're not so sure Ferrari would offer him another "very generous" deal. Feel free to watch the short video below, despite its rather static nature, which we included to precisely show the sad fate of Levitt's fallen California.

LaFerrari still being honed at N"urburgring

Ferrari might have jumped the gun debuting the LaFerrari hypercar at the Geneva Motor Show, judging by these spy shots. There have already been rumors that the nearly 1,000-horsepower hybrid still needed some finalizing, but it seems really quite odd that we're seeing cars running with camo six months after the official debut.
So here are our theories as to what this might be. First, the likely case is that this car is merely taking part in finalization of the LaFerrari. The two more sensational theories we've brewed up are a bit more unlikely. This could be a prototype of the once-rumored Maserati MC12 successor, with the camo in place to hide sheetmetal specific to a Maserati. The second, and in our minds, least likely scenario, is that this is a prototype of a more hardcore or competition variant of the LaFerrari, along the lines of the Enzo-based FXX.
Admittedly, that last option is really grasping at straws, but the last camo'd car we saw sported a unique exhaust, that our spy noted as being significantly louder than an uncovered model that was running alongside. While the timing seems odd - a mere six months after the debut of a car that isn't even on sale yet - it's not outside of Ferrari custom to release more potent, track-only versions of its hypercars. Take a look at the spy shots up top, and let us know what you think.

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.