Canadian Police Confiscate 13 Supercars after Youngsters Speed Race [with Video]

Ocean’s 13 got away with stealing diamonds, earning millions of cash and ruining their adversary’s life. British Columbia’s 13, 12 young men and one woman, all under 21 years old, got away with racing each other, reaching speeds of over 125 mph (200 km/h) on a metro Vancouver highway with a $196 fine each.

The Royal Canadian Mounted Police announced that the cars impounded had a combined value of $2 million. These are the supercars that were temporarily seized:

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Spied: Ferrari 599 Replacement Filmed Doing the Rounds on the Fiorano Test Track

Ferrari seems to be hell bent on replacing its entire lineup in just two years time. In 2010, Maranello revealed the F430’s successor, the gorgeous 458 Italia. This year, the not-so-beautiful (to put it nicely) 612 Scaglietti gave its place to the brand’s first ever four-wheel-drive sports GT, the shooting-brake-bodied FF.

And only three days ago, the Italians debuted the F430 Spider’s replacement, the 458 Italia Spider featuring a retractable hard top that will make its world premiere at next month's Frankfurt Motor Show.

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Ferrari Boss Says No to Electric Models, Endorses Hybrid Tech

Electric vehicles are the new black. Most mainstream manufacturers either have or are currently developing an EV in order to promote their environmentally friendly profile and at the same time, reduce the average fuel consumption and CO2 emissions of their fleet to comply with stricter future regulations.

However, Ferrari’s president, Luca di Montezemolo begs to differ. And we are talking about the man responsible for transforming Maranello’s supercars from fragile and non-practical toys for the wealthy to the finest in their class, while also turning the Scuderia’s F1 fortunes around bringing home five consecutive world championships.

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SPIED: Ferrari Continues Work on 599's Replacement

After the launch of the 458 Italia and more recently, the four-seater FF, Ferrari is now concentrating on the development of its next supercar, which will replace the 599 GTB Fiorano and is currently known by its F152 codename.

Our spy photographers caught up with a test mule of the F152 wearing a modified body shell of the current 599 GTO over a new chassis that is believed to share many components with the FF.

Ferrari's four-seat supercar will also lend its new 6.3-liter V12 with direct-injection technology to the F152, but further honed to develop around 700 horsepower. However, we won't see the FF's all-wheel drive system as Ferrari will keep the F152 strictly rear-wheel drive.

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Video: Rare Ferrari 599 GTO Bites the Dust

While we are happy to see that at least some owners of the rare Ferrari 599 GTO (of which only 599 examples will be built) take their cars out to their natural habitat on the racetrack, it’s always a sad sight when one of those exotics ends up like this.

The Youtube poster of the video says that the driver lost control of the car “at the end of the straight at 250km/h (155mph)”, but given the relatively modest damages to the 599 GTO, we reckon that he either had a lot of space in front of him or the crash occurred at much lower speeds, perhaps even both.

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FAIL: Ferrari 599 GTO in Reverse hits a Pole

Bumping into or even just scraping against an object while pulling you car out of a parking space has probably happened to everyone at least once or twice. However, you would expect an owner of a spanking new Ferrari 599 GTO worth north of €260,000 or close to $400,000 to be far more careful that usual when attempting to reverse out of a parking space. Apparently, being careful was not in the nature of the owner of this blacked out 599 GTO in Cologne, Germany. Video follows after the break. Read more »

Ferrari Opens Shop in India, Cheapest Model Costs Half a Million Dollars

The first ever Ferrari dealership in India opened its doors today in the heart of New Delhi. The Grand Opening, which was hosted by Ferrari CEO Amedeo Felisa, Ferrari Commercial and Marketing Director Enrico Galliera, and Ashish Chordia, Chairman of the Shreyans Group, the official Ferrari importer for India, was devoted to the members of the local and international press. India is the 58th country where Ferrari is present in the world. Read more »

Ferrari's One-Off Superamerica 45 Special Drops its Top at Villa d'Este

The coachbuilt Ferrari Superamerica 45 special commissioned by American billionaire Peter Kalikow has arrived at the Villa d'Este for the Concorso D'Eleganza contest. Not surprisingly, a by-passer took advantage of the occasion and filmed the car's roof mechanism in action at its first outing under the sun. This is the first time we see the supercar’s rotating top on the move and we have to admit it's pretty fast.

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Ferrari Unveils New Superamerica 45 Coachbuilt Special

Ferrari is once again showing off its coach-building capabilities with the release of its latest one-off special, the Superamerica 45, which will make its first public outing at this weekend’s Villa d’Este Concours d’Eleganza in Italy. It was built to order for New York billionaire, collector and former owner of the New York Post, Peter Kalikow, to celebrate the 45th anniversary of his Ferrari purchase in 1961.

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Report: Ferrari said to Skip 599 Facelift and Bring All-New Model Based on the FF in 2012

It seems the success of the Ferrari FF, the production of which for this year has already been sold out, will affect the 599 GTB Fiorano as well. But in a good way, since it is being reported that Ferrari has cancelled the original plans for a 599 facelift and instead build an all-new car as a replacement. The plan was revealed by Motor Trend magazine, which noted that the new car will be derived from the FF featuring a mightier punch in the performance division. Ferrari plans to launch the new car in late 2012. Read more »

Anderson Germany Treats the Ferrari GTB Fiorano with Subtle Power and Styling Upgrades

There’s so much you can do to improve a supercar like the Ferrari 599 GTB Fiorano, but tuning specialist Anderson Germany believes it has some goods to offer with its new program for the Italian model.

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VIDEO: Tunisians Repossess Ousted President’s Ferrari 599 GTB Fiorano with a...Forlkift

As a result of the political turmoil going on in Tunisia, president Zine el-Abidine Ben Ali has fled the country. But like any dictator on the run, Ben Ali had to leave plenty of wealth behind, accumulated in his 20+ years of totalitarian rule, including his Ferrari 599 GTB Fiorano, which was “repossessed” by angry protesters using a forklift. Video after the jump.

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VIDEO: Tunisians Repossess Ousted President’s Ferrari 599 GTB Fiorano with a...Forlkift

As a result of the political turmoil going on in Tunisia, president Zine el-Abidine Ben Ali has fled the country. But like any dictator on the run, Ben Ali had to leave plenty of wealth behind, accumulated in his 20+ years of totalitarian rule, including his Ferrari 599 GTB Fiorano, which was “repossessed” by angry protesters using a forklift. Video after the jump.

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