
The street legal version of the 599XX, the Ferrari 599 GTO is the next big arrival in the auto industry and spy photographers in Maranello managed to get a handsome look at one of its prototypes. The prototype comes with a fresh looking carbon fiber roof and a huge rear diffuser set amidst two exhaust pipes. The front bumper also looks a fresh creation and so do the grille and the wheels. On the inside, all that the spy cams could click was the new seating set-up. Engine speculations for the Ferrari 599 GTO suggest a 700 PS 690 bhp 6.0L V12 monster that will help the street legal version hit 100km/h in 3.2 seconds while topping it out at 350km/h. Slated for a debut later this year, the 599 GTO will cost around €340,000. [via WCF]

The latest set of spy shots said to be that of the Ferrari 599GTO have surfaced from Italy and now the hardcore speed fanatics are more than certain that a Ferrari 599GTO does exist and it is already in the works in Modena. Speculation is ripe that the 590GTO will be a road going version of the 599XX concept based on the 599 GTB Fiorano.
The 599GTO will ‘probably’ feature a 6.0L V12 beast which is capable of producing 515 kW derived from the Enzo motor. The amazing displacement will help the car clock 0 to 100km/h in 3.2 seconds which is 0.5 seconds quicker than the GTB. The 599 GTO will do a maximum of 350km/h which will make it one of the fastest red devils ever, comparable with the landmark Enzo. The car should be out in the market in a couple of months bearing a whopping price tag of around $464,950.
The brains from Modena cannot ignore the fact that the world is turning “green” (protecting the environment, more or less, that is) hence why Ferrari has confirmed the debut of a 599 hybrid, a fuel efficient version of the 599GTB.

The Ferrari 599 hybrid will be break cover at the Geneva International Motor Show in March. Ferrari made the decision public at the introduction of the 2010 Ferrari F10 Formula 1 car. Ferrari is keen on bringing the F1 technology to the street vehicles and the 599 hybrid is being considered as the stepping stone where the KERS (kinetic energy recovery system) has been evolved to reduce fuel consumption in tandem with regenerative breaking. It will run on a system based on Li-on batteries and an electronic motor which will be placed on either side of the transaxle. The KERS system will serve as electric power boosting the energy produced. The entire petrol-electric combination will improve the fuel consumption by 35% rendering combined economy ratings of 14mpg.

The Ferrari camp is always special at all major auto shows across the globe and the one they’ll show in Geneva next year, will be no different as we’re talking about a hybrid version of the 599 GTB. Although the Italians haven’t officially confirmed any of these, word is (and we’d like to believe it) that a Ferrari 599 GTB Hybrid will make its debut at the Geneva Motor Show in 2010. The hybrid version will sport a combination of an electric motor and a system of lithium-ion batteries, both of which will together be placed on either sides of the transaxle. Compared to the regular 599 GTB Fiorano, this one will come with a 35% improvement in fuel consumption. Also assisting the hybrid power-train will be a brake regeneration system, a start stop technology and an electric boost system. It will be interesting to see how the world receives a hybrid version of an otherwise scorching car.

The Ferrari F70 has been talked about for a long time, and recently, some more details about the car have surfaced. The supercar will be superior to the Enzo in many ways – it will be more compact and lightweight, able to reach better top speeds. Ferrari F70 is rumored to weigh just 1000 kg, which is almost 400kg under the Enzo’s weight. Carbon has been extensively used to save up on weight, and you can find it in the brakes, body panels, as well as in the interior. As for what’s under the hood, the car will feature a twin-turbo V8 engine that outputs 660hp, accelerates to 100 km/h in just 3.0 second, and reaches a top speed of up to 230 mph. Meant as a limited edition of only 399 units, the new F70 will cost dearly: some £600,000 or close to $1 million. [via WCF]
The Ferrari F430 replacement — the 458 Italia Spider — has been so very special with its unique and appealing design, that Ferrari has confirmed that the Modena-based facility will actually produce it. The company has announced that the 458 Italia is schedule to begin shipping in the second half of January, but the Spider version should be expected for anything less than a couple of years.

Ferrari 458 Italia sports nothing less than 570 hp and 540Nm of torque, which helps it achieve a top speed of 325km/h. Considering the figures on the 458 Italia model, the drop-top with all this goodness will be a serious contender in the supercar market. [via autoblog.it]
Edo Competition is in the mood to touch upon its favorite cars as it just finished revving up the Mercedes Benz C63 and here it is again with a performance package for the Ferrari Enzo. The package dubbed the XX features a complete engine makeover including new steel cylinders, pistons, camshafts, valve springs, and Titan connecting rods. Other additions include new oil cooling piston pipes, exhaust manifolds, a sport air filter, an air-ram system, a high performance clutch, and a new oil pump.

This package provides carbon-ceramic braking system alongwith a carbon-fiber air intake, a new fuel cooling system, and black racing wheels with Michelin high performance tires for the Enzo. What the tuning aficionados will most adore is a stainless steel sport catalytic converter with two different exhaust notes. The controls of these notes lie with the driver through a dash-mounted switch. Courtesy of all these changes, the Ferrari Enzo XX can produce a starting 800 hp at 780Nm of torque. Consequently it does 0 to 60mph in 3.2 seconds and has a top speed of 236mph.

At 40 and after hanging his helmet, who would have though that Michael Schumacher will be the replacement for Ferrari’s injured driving Felipe Massa. The loyalty of the man is worth appreciating and that is what brings him back to replace his former teammate. When he left the scene, Schumi was a legend with a record seven titles and 91 overall victories and that ended in 2006. Now three years down the lane, his competitors might say that they do not care, but in the hearts of their hearts, they would know that this man is till capable of a podium finish. It’s purely for loyalty as he is quipped that he has never repented his retirement decision. He also said that he was looking forward to the challenge as a competitor. Come August 23, all on eyes will be on Ferrari’s Car #3 and for sure Massa will know that his wheel is in the right hands.
“Scuderia Ferrari Marlboro intends to put Michael Schumacher in Felipe Massa’s car untill the brazilian driver will be able to race again. Michael Schumacher said he is ready and, over the next few days, will undertake a specifc training programme at the end of which confermation will be given of his participation in the Championship with effect from the European Grand Prix on the 23rd of August.”

One of the things that goes great during the bad economy, car auctioning seems to be doing not good, but great. RM Auctions in association with Sotheby’s managed to sell a rare (only 22 ever built) 1957 Ferrari 250 TR for a whopping $12.1 million. Auctioned at Ferrari’s Maranello factory the legendary Testarosa is outputing a grande 319kW (434hp) is painted in a dashing black with white and red accents. We definitely wonder who’s the lucky guy or if he’s going to drive or not. That’s a beautiful beast to have as a pet in your garage. Don’t you think?

Bill Dietz is amazing guy. He has an amazing passion when it comes to cars. And to prove it, check out this special Ferrari 365GTB/4 V12 Daytona engine. A piece of art made from eleven different woods (from oak to Philippine mahogany) he managed to recreate everything from the valve covers to carburetors and from the velocity stacks to the bolts holding the pressure plate. With an accent on details and a lot of talent and passion for cars, Bill definitely managed to come up with a unique piece of craftsmanship. It’s now at $2,650 so get in fast if you want to bring it home … [via TechEblog]

Although the world crisis deepends, at the next month’s Auto Show in Geneva, Ferrari will introduce their HGTE (Handling Gran Turismo Evoluzione) for their 599 model. There aren’t many official details about it, but it’s expected to feature a new front grille, 20-inch three piece wheels and a new rear exhaust, while on the inside you should expect more carbon fiber trim and new sports seats. We can’t vouch that you’ll afford it, but with a standard V12 engine that outputs 620 hp (608 Nm of torque) that takes it naught to 100km/h in 3.7 seconds you should consider it. Of course if you can afford an estimated £17k ($25k US) price increase over the 599 GTB – which we are not sold on. [via autoblog]
* Image: Ferrari 599 GTB One to One