Eight Ferraris and a Lamborghini were among the vehicles involved in a chain collision of luxury cars on a Japanese expressway Sunday. They’d been heading to a motor festival in Hiroshima.

An Enzo Ferrari heavily modified by Edo Competition crashes into ocean at Targa Newfoundland Rally 2011. Zahir Rana from ZR Auto was driving with Roland Linder Navigating. The Enzo crashed right after hitting a hard bump into gravel after a corner and lost control sending the car backwards off a ledge and into the ocean below.

Since it has water damage and a salvaged title now, I’ll gladly offer $20k to take it off their hands!

Ferrari fans, your wait is over. These are the first official images of the highly anticipated 599 GTO. Designed to be the ultimate road-going Ferrari, the GTO features a 6.0-liter V12 engine with 661 hp (493 kW / 670 PS) and 457 lb-ft (619 Nm) of torque. It enables the 1495 kg (3295 lb) supercar to accelerate from 0-100 km/h in 3.35 seconds, before hitting a top speed of 208 mph (335 km/h). Thanks to the powerful engine, the 599 GTO can lap the Fiorano test circuit in 1 minute 24 seconds – a full second faster than the Enzo.

GBH has built a Ferrari Grand Prix car out of designer gear – with the help of 1,500 T-shirts and 88 pairs of jeans. The full size replica of the Formula One car Kimi Raikkonen is driving this season has gone on show in at the Puma store in London’s Carnaby Street. It took a team five hours to turn the T-shirts and jeans – together with 20 belts, 26 pairs of shoes and baseball caps – into a model of the 200mph racer.

(via Creative Review)

Hamann Motorsport have got their hands on a 2010 Ferrari California and has begun work on their aftermarket program for the car. They’ve started off with a slick aerodynamic kit aerodynamic kit that makes extensive use of carbon fiber.

The complete kit consists of a new hood, front spoiler, side skirts, a three-part rear diffuser, and a small rear wing. Other available components include Hamann’s lightweight forged wheels and a range of interior accessories. Engine and performance mods to come soon!

After months of speculation and spy shots, Maranello has finally revealed the mid-engined V8 replacement for the Ferrari F430. The all-new Ferrari 458 Italia won’t be shown in public until September’s Frankfurt Motor Show, but the official details were released early this morning. A new direct-injected 4.5-liter V8 ups the ante underhood, pumping out 562 horsepower and 398 lb-ft of torque. The redline? A screaming 9,000 rpm. Eighty percent of the F458 Italia’s torque is now available at a low 3,250 rpm, thanks in all likelihood to the new engine’s 12.5:1 compression ratio.

(via Autoblog)