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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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 »

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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 »

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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 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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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 »

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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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Ferrari's most exclusive and powerful series production model, the 599 GTO, doesn't seem fast enough for the aftermarket specialists at Novitec Rosso. This is why the tuning house brought to Geneva Motor Show the 599 GTO Bi-Kompressor, their own version of the Prancing Horse's fastest car.

As the name suggests, Novitec Rosso engineers fitted the naturally-aspirated V12 engine with two superchargers, raising the maximum output from 670 to 888 horsepower. The impressive increase in power can only be rivaled by that of the maximum torque, which goes up from 620 Nm/6,500 rpm (457 lb-ft) to 860 Nm/6,600 (636 lb-ft).

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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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A prototype model of the Ferrari 599 covered in black cladding has been snagged on film during testing at the Fiorano circuit. We're not entirely sure if it's a test mule for a replacement of the 599 or an updated version of the current model, possibly featuring Ferrari's upcoming KERS energy-recovery system which was first shown on the Geneva Salon HY-KERS hybrid concept.

In any case, the vented hood and the styling of the bumpers point towards a prototype based on the 670-horsepower 599 GTO, which was introduced into the range this past April, with some minor changes such as the California-esque LED headlamps. Watch the video right after the jump.

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Actress Bo Derek once quipped, "Whoever said money can't buy happiness simply didn't know where to go shopping." Someone who would most likely agree with her is 21-year-old Dhiaa Al-Essa, a Saudi Arabian Engineering student and millionaire playboy with a collection of over 30 exotic supercars worth more than £4.5 million (US$7.3 million).

Al-Essa has recently taken delivery of his thirty-third exotic, the first Ferrari 599 GTO worth £345,000 (US$557,000). In his own words:

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In 1971, one of the greatest one-on-one boxing matches took place in New York's Madison Square Garden: the bout between Mohammed Ali and Joe Frazier. So big was this event, advertisers dubbed it, 'The Fight of the Century'. Now, two different contenders take to the ring (uh...tarmac). The reigning champion: the Ferrari 599 GTB Fiorano HGTE. The challenger: the Lexus LFA. Video after the jump.

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The 'greener' California HELE wasn't the only new car on display at Ferrari's Paris Show stand. The 670-horsepower SA Aperta, which we reported on last week, also made its debut. All 80 examples of the limited edition, open-top 599s have been spoken for well before the car made its way to Paris.

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Ferrari may have sold all 80 examples of its awkwardly named SA Aperta before the roadster's world premiere at the Paris International Motor Show on September 30, but that hasn't deterred the company from launching an online configurator for the rest of the world to see.

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The long-anticipated roadster version of Ferrari's front-engined 599 is finally here but don't get too excited as all 80 examples have already been sold even before the car makes its formal world premiere at next week's Paris Motor Show. Named SA APERTA, the new member of the 599 family was designed in celebration of Pininfarina's 80th anniversary.

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After Ferrari announced in June that they would be organizing special presentations for people to view a topless 599, is it surprising that the Italian Stallion previewed a 599 roadster (or "Barchetta", perhaps?) at Pebble Beach? Not particularly. What's surprising is that it took this long for A) the car to come out, and B) someone to spill the beans. Who cares about non-disclosure agreements and a "no cell phone" policy, on with what we can expect!

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