Sunday morning eight Ferraris, three Mercedes and a Lamborghini were caught up in a 14-car pile-up on the Chugoku Expressway in southern Honshu, western Japan.

The cars were traveling at over 90mph, when one of the drivers lost control of his vehicle while trying to change lanes on the wet, slippery road. The trailing cars couldn’t avoid the vehicle, that went spinning after hitting the barrier.

Ten people (five men and five women) were taken to hospital, but no one was seriously injured.

This is probably the most expensive car crash in history, with a combined value of over $4 million.

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The Ferrari 599XX is the first ever production-derived sports car to break the 7-minute barrier on the classic 20.832 km Nordschleife circuit, lapping in 6 min 58.16 sec.

Yes, ladies and gentleman, it was announced in Beijing that the beastly 599xx has officially broken the 7 minute barrier!

The 599xx has seen the introduction of a few technological advancements, which will probably be ported over to the other Ferrari models in the future. Amongst them:

1. The wheel doughnuts of F1 derivation which serve two purposes – to reduce turbulence and thus drag, and improve brake cooling.
2. Ferrari’s High-Performance Dynamic Concept, a novel integrated design and chassis set-up that uses sophisticated electronics to govern the mechanical limits of the handling for maximum performance.
3. The Actiflow™ System that increases downforce and/or cuts drag depending on the car’s trim during cornering.

via Ferrari.com

The guys at Hamann are at it again, and they’ve got a brand new 458 Italia in their hands. Luckily (for us who love the way the 458 looks as it is), this time they’ve only modified the wheels, developing black, ultra-light 21 inch alloy wheels with a cross-spoke design.

Enjoy!

The doors will include part of the front wing and will hinge upward, a solution that will allow the driver to place his foot directly behind the front wheel. This is an easy and cost-effective solution, according to Ferrari, preferable to the “traditional” gullwing doors.

Check out the patent drawings for yourself:

[Show as slideshow]

[via Autocar]

The concept, similar to that of the 430 Scuderia, is to make a lighter, more aerodynamic and more powerful 599.

It appears that it could be named the 599 GTO, in honor of the 1960s 250 GTO.

Our friends at MotorAuthority.com say:

The 599’s venerable 6.0-liter V-12 is expected to be pumped up to between 680 and 700 horsepower, and this is to be accompanied by an extensive weight-saving program shedding up to 150 pounds from the car’s kerb weight.

Pictured below, is the “Laboratorio Tecnologico 599xx”, an even more extreme experimental car based on the 599, which is unfortunately less likely to ever see the light.

[via MotorAuthority]

2010-ferrari-gtb-599xx-live-shots-001_100203451_l

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In Maranello at the “Ferrari Leggenda e Passione”, a very rare 1957 Ferrari 250 Testa Rossa was put up for auction.

And it sold for a staggering $12.1 million

This is officially the most anyone has EVER spent on a car.

The previous record was another Ferrari, specifically a 1961 Ferrari 250 GT California, that had been bought by british DJ Chris Evans for $10million. The car had previously been owned by actor James Coburn for nearly 25 years!

And that is exactly what happened in the following video: two drivers are cruising along the streets of Sofia, Bulgaria in their Ferrari Californias, when one of the two turns into a corner with an heavier-than-necessary foot (and quite possibly the wrong manettino setting) and ends up crashing his 250k$ convertible. There is also a video of the aftermath showing the full extent of the damage.