Maranello

Uncertain future for super cars as financial crisis bites

Uncertain future for super cars as financial crisis bitesMaranello, Italy  - Manufacturers of super sports cars have just announced a host of new models as many now face an uncertain future as the global financial crisis hits a customer segment previously immune to economic downturns.

Tuning firms and the makers of premium luxury and super sports cars could in the past always rely on an extremely wealthy clientele eager to fork out several hundred thousand dollars for a new V12 with up to 700 horsepower.

Ferrari boss Luca di Montezemolo slams Formula One rule change

Ferrari boss Luca di Montezemolo slams Formula One rule change Maranello, Italy - Ferrari president Luca di Montezemolo has slammed the rule changes introduced by motorsport's governing body, FIA.

Earlier this week FIA said that the world championship would be decided on the number of victories. They also announced a budget cap, to which the Formula One teams had earlier agreed.

In a statement published on the Ferrari website di Montezemolo said that it was absurd to make such changes at this stage.

Ferrari fights for customers with new baby GT

Ferrari fights for customers with new baby GTMaranello, Italy  - F