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Ferrari 488 Pista Spider at Monterey 2018

Ferrari 488 Pista Spider at Monterey 2018

Ferrari 488 Pista vs. Lamborghini Huracan

Ferrari 488 Pista Spider - Front Corner with Closed Roof - Manufacturer Picture - EuroDrift
Ferrari 488 Pista Spider – Front Corner with Closed Roof – Manufacturer Picture – EuroDrift

Unveiled during Monterey Car Week, the Ferrari 488 Pista Spider has all the performance upgrades of the 488 Coupe, plus open-air driving. This makes it competitive with the Lamborghini Huracan Performante. However, the engines are quite different and the result is that the Pista is faster off the line.

Ferrari 488 Pista Spider

Ferrari 488 Pista Spider - Side - Manufacturer Picture - EuroDrift
Ferrari 488 Pista Spider – Side – Manufacturer Picture – EuroDrift
  • 3.9-Liter V8 Bi-Turbo Gasoline Engine
  • 7-Speed Dual Clutch Auto Transmission
  • Rear-Wheel Drive
  • 711 HP, 8000 RPM
  • 568 LB.-FT. at 3,000 RPM
  • 0-124 MPH in 7.6 Seconds

Lamborghini Huracan Performante

Lamborghini Huracan Coupe - Front Corner - Fabspeed Open House & Exotic Car Meet 2017 - EuroDrift
Lamborghini Huracan Coupe – Front Corner – Fabspeed Open House & Exotic Car Meet 2017 – EuroDrift
  • 5.2-Liter V10 Naturally Aspirated
  • 7-Speed Dual Clutch Auto Transmission
  • Four-Wheel Drive
  • 630 HP, 8,000 RPM
  • 443 LB.-FT. at 6,500 RPM
  • 0-124 MPH in 8.9 Seconds

The Pista has a wheelbase of 2650 mm, making it a bit wider and easier to handle in the corners. Apart from that and the slight speed edge, the two cars are virtually neck and neck. The Lamborghini comes with a high price tag so we are curious where the Spider’s price point will fall.

The Spider Cuts Weight

Ferrari 488 Pista Spider - Rear Corner - Manufacturer Picture - EuroDrift
Ferrari 488 Pista Spider – Rear Corner – Manufacturer Picture – EuroDrift

The Pista was built for the track. In fact, “Pista” is the Italian word for “track.” Whether you are looking at the new Spider or the Coupe, 0-62 mph in 2.85 seconds is pretty fast. The fact that the convertible matches the speed of the coupe is even more impressive given that it weighs more.

Ferrari 488 Pista Spider - Cockpit - Manufacturer Picture - EuroDrift
Ferrari 488 Pista Spider – Cockpit – Manufacturer Picture – EuroDrift

A lot of effort went into reducing the weight of the Spider. First, they replaced the alloy rims with carbon fiber wheels. Ferrari also took out the carpets and even replaced the metal door handles with straps. Yet, after modifications, the Spider still weighed 220 lbs more than the Pista Coupe.

Ferrari 488 Pista Spider - Interior - Manufacturer Picture - EuroDrift
Ferrari 488 Pista Spider – Interior – Manufacturer Picture – EuroDrift

Ferrari’s Not Divulging the Price

Ferrari 488 Pista Spider – Official Video – Ferrari – YouTube

Despite inquiries, Ferrari has been pretty hush-hush regarding the price of the new 488 Pista Spider. The automaker also hasn’t set a release date. However, the unveiling in Monterey may have set the stage for the launch.

Ferrari 488 Pista Spider - Overhead - Manufacturer Picture - EuroDrift
Ferrari 488 Pista Spider – Overhead – Manufacturer Picture – EuroDrift

Note: All of the pictures are property of the Ferrari manufacturer.

Ferrari 488 Pista Spider - Rear - Manufacturer Picture - EuroDrift
Ferrari 488 Pista Spider – Rear – Manufacturer Picture – EuroDrift
Aston Martin Now Offering IPO at $24!

Aston Martin Now Offering IPO at $24!

Americans Miss Out on the Aston Martin IPO

Yes! The iconic sports car manufacturer, Aston Martin, plans to go public, and for $24 you can own a piece of their company. Well, unless you live in America, that is.

Aston Martin produces one of the world’s most well-known luxury brands. Thanks to James Bond, we will ever view them as luxurious and elegant. Plus, the whole spy thing makes us think of the Aston as high-tech.

(In case you didn’t know:  they’ve even made a limited number of the DB5 models with all of those spy gadgets included.)

Aston Martin Goldfinger DB5 - Scene from Goldfinger Movie - Front - Manufacturer Pictures - EuroDrift
Aston Martin Goldfinger DB5 – Scene from Goldfinger Movie – Front – Manufacturer Pictures – EuroDrift

The news is that the British carmaker plans to begin trading on the London Stock Exchange in October. This would make them the first British automaker to go public.

Unfortunately, American investors will NOT be able to participate in the IPO. The company has chosen not to list its shares in the United States.

Who Owns Aston Martin?

2019 Aston Martin DBS Superleggera - Front in Motion - Manufacturer Picture - EuroDrift
2019 Aston Martin DBS Superleggera – Front in Motion – Manufacturer Picture – EuroDrift

The principal owners of the company are various private-equity firms in Italy, Kuwait, and Germany. It is some of these firms that are selling off their stakes in the company to the public. Daimler, the German group, is not selling.

Aston Martin is not issuing new stock, nor is it attempting to raise additional capital.

Aston Martin says that 25% of the company shares will go to the public. Estimates put this figure at 56,305,622 to 57,380,3000 shares. Also, based on a statement by company executives last week, the cost to purchase a stake in the company should be around $24.

Business as Usual

AutoComplete: Aston Martin starts the paperwork for an IPO – Roadshow – YouTube

Penny Hughes will chair the post-IPO Board of Directors. Penny has served on a number of boards and works as an executive at Coca-Cola. Aston Martin will continue its direction under the leadership of CEO, Andy Palmer. He will also serve as a board member.

Note: The featured image of the NASDAQ display is by bfishadow of Flickr.

Alex Choi Nearly Hits Biker in Lamborghini Huracan

Alex Choi Nearly Hits Biker in Lamborghini Huracan

The Responsibility of Owning a High-Powered Vehicle

When you get behind the wheel of a car, you accept responsibility for the safety of yourself and others on the road. The burden of responsibility is such that “vehicular manslaughter” is a felony crime. This is especially true for those who drive exotic and high-powered vehicles like the Lamborghini Huracan.

Popular YouTuber Alex Choi found out first-hand how quickly things can go south. While messing around on a public road, he recklessly pulled out right in front of a Yamaha R1. That move nearly caused a potentially fatal accident.

Who is Alex Choi?

Alex Choi has built a large following on social media. He gained popularity among those interested in modified exotic cars and extreme vehicle customization. Choi was messing around in his Lamborghini Huracan when the incident shown in the video occurs.

Choi, for some unknown reason, turned off the shoulder and drifted across the public road. Coming at him was a motorcycle that he claims he never saw. Thankfully, they missed one another, if only by inches, and nobody was hurt.

Choi immediately pulled over and apologized, but a woman at the scene was visibly upset and let him know it. The motorcyclist circled back and the two exchanged a few words, and in the way of men, gave a quick “bro hug”, and all was well.

The Lamborghini Huracan

Alex Choi Near Miss Lamborghini Huracan vs Yamaha R1 Motorcycle – TheRidersChannel – YouTube

Apart from reckless driving, the issue seems to be the Huracan’s blind spot. Owners are speaking out with complaints about the car’s lack of visibility.

“Every time I drive the Huracan, the way the car is designed makes a ton of major blind spots. Almost to the point that I would rather be driving a normal sedan if there was no performance.” – JetFalcon

Whether the fault lies with the car’s design, human error, or bad judgment, we are all thankful that no one was hurt.

Understanding Kelley Blue Book (KBB) Conditions & Values

Understanding Kelley Blue Book (KBB) Conditions & Values

KBB Has Been around Since Before WWII

Kelley Blue Book provides needed information on car pricing to both the banking and insurance industries. Since before World War II, they have set the standards used for car loans and replacement values.

How does Kelley Blue Book determine the value of a car?

Kelley Blue Book - Horizontal Logo - KBB.COM - EuroDrift
Kelley Blue Book – Horizontal Logo – KBB.COM – EuroDrift

In order to determine the value of a car, data is drawn from a number of sources.

  • Wholesale Auctions
  • Independent Dealers
  • Franchised Dealers
  • Rental Agencies
  • Car Manufacturers
  • Financial Institutions
  • Private Party Transactions

Based on the data, they then determine the highest possible “cash value” of a given vehicle based on its condition, age, and mileage.

What values can you get through Kelley Blue Book?

How to Improve Your Vehicle’s Resale Value – KBB Advice – Kelley Blue Book – YouTube

The Blue Book pricing information may seem a bit confusing if you don’t understand what you are looking at. For each vehicle, there are several price points presented.

Private Party Value

The Private Party Value is the typical price that you will pay when purchasing that car from an individual. It takes into account the manufacturing year, mileage, and overall condition of the car.

Trade-In Value

Your Trade-In Value is the average amount given by car dealers when you “sell” them your car and purchase another. Many times the actual value will be different depending on demand and dealer promotions.

Suggested Retail Value

This price point gives buyers an dealers a starting point for negotiations. It is representative of what others have paid for that type of vehicle. Options, mechanical upgrades, and dealer promotions may cause this figure to be high or low.

Certified Pre-Owned Value

Cars that are “certified pre-owned” have undergone more extensive checks than your typical used car. They often come with proof of maintenance and damage records. This Blue Book value is the starting point for negotiation for this type of vehicle.

Fair Purchase Price

This figure varies based on market fluctuations. It may be higher or lower than the other Blue Book values because it is not calculated on a formula. Instead, it takes all factors, including demand into account.

Ferrari Makes $80k per Vehicle Sold

Ferrari Makes $80k per Vehicle Sold

An Analysis of Auto Profitability

The newest study by German economics professor, Ferdinand Dudenhoeffer, shows us that there is very little correlation between large production numbers and profitability in the automotive markets. Basically, it completely depends on the brands business strategy. But, one manufacturer stands out from the rest… Ferrari.

Ferrari is Making Bank!

2019 Ferrari Portofino - Open Convertible Top Front Corner - Manufacturer Picture - EuroDrift
2019 Ferrari Portofino – Open Convertible Top Front Corner – Manufacturer Picture – EuroDrift

Dudenhoeffer’s study for, the Center for Automotive Research (CAR), reveals that the most profitable brand at the moment is Ferrari. For the first six months of the year, the Italian supercar company reported an operating profit of  €69,000. That’s approximately $80,000, for every new car sold.

If you take into account other revenue streams like accessories, then the profit per car rises to a staggering $90,000. For a company that only produces about 7,000 vehicles per year, they have proven that brand identity has a lot to do with profitability in the automotive industry.

Profitability Comparisons

Cash - Necessary for Purchase of 250 GTO - Pixabay - EuroDrift
Cash – Necessary for Purchase of 250 GTO – Pixabay – EuroDrift

So, just how impressive is that $80,000 figure?

  • Jaguar nets approximately $927 per car.
  • Daimler AG gets about $5,000 in profit for each of their vehicles.
  • Maserati comes in at $5800.
  • Porsche collects $17,250 per vehicle, making it one of the highest of the European brands.

As you can see, Ferrari makes more than quadruple what the others do.

Even though Ferrari outstrips their competition, Porsche is nearly twice as profitable as their rivals Mercedes-Benz, BMW, or Audi. Both Maserati and Volvo are also about half as profitable as Porsche and twelve times less than Ferrari.

Profit and Sales

Paying CASH for a New Ferrari !!! – Mo Vlogs – YouTube

The Ferrari brand has built its success on exclusivity and luxury. If they mass-produced their cars, they would not have a balance between demand and supply and they could not command their higher prices. Conversely, if Volvo doubled their prices to increase profitability, they would see a decrease in sales because their markets would not support the move.

In the end, profitability per car is interesting and in the case of Ferrari, just a bit mind-boggling. However, this manufacturer sells about 7000 cars per year for a rough estimate of $560 million dollars and Porsche sells somewhere around 245,000 cars for about $4.2 billion dollars. In the end, it’s all about the bottom line.

Bugatti Considers Entering the Sedan Market

Bugatti Considers Entering the Sedan Market

Venturing into New Terrain

The new Bugatti CEO, Stephan Winkelmann, has stated that the company is considering a second model to sell alongside the popular Chiron. Bugatti has considered entering the Sedan Market but tends to favor the SUV body style instead.

“It’s clear that if we do something different from a super-sports car like the Chiron, then it would not be enough just to be in love with one type of car…We would look at every body style and regional demand and not put our money into something that is fading”. 


Stephan Winkelmann, Bugatti CEO

His reference to “something that is fading” was towards the saloon, or sedan as they are known in non-European markets. Apparently, there has been a decline in sedan sales in the European market, while SUVs have seen an increased demand.

It’s true that prior to the arrival of their new CEO, the company worked on the idea of a four-door sedan using the Galibier name. However, indications are that the market would better support an SUV body style.

Breaking into the SUV Market

Lamborghini Urus - Front Corner - Manufacturer Picture - EuroDrift
Lamborghini Urus – Front Corner – Manufacturer Picture – EuroDrift

Winkelmann has experience in the SUV market. He was part of the conception of the Lamborghini Urus SUV which has been launched.

Bugatti is not the only car manufacturer whose looking at the possibility of a new SUV. Ferrari, Rolls-Royce, and Bentley also want a piece of the action. Ferrari project, known as Purosange, will feature plug-in hybrid technology and be the fastest vehicle of its type. This could make competition for a Bugatti SUV even stiffer.

Timeline for the Next Bugatti Model

2016 Bugatti Royale INTERIOR 5-door Fastback Bugatti Veyron? Bugatti Sedan Commercial CARJAM TV HD – YouTube

Whether sedan or SUV, it does look as if the new Bugatti model is not the only project for the Volkswagen Group. It may have to take a backseat to their electric vehicle and autonomous technology development. However, with the current popularity of the Chiron, their priorities could change.

By the way, LEGO built an awesome Chiron model, check it out here!

Audi Considers Reviving Horch to Battle Bentley & Rolls

Audi Considers Reviving Horch to Battle Bentley & Rolls

Horch Might Be Making a Comeback!

Audi has said that they plan to revive the Horch name for their A8 sedan. The most powerful version of the A8 will rival both Bentley and Rolls in terms of luxury and performance.

The Audi A8 W12 Powertrain

Audi A8 - Front Corner - M 93 - Wikipedia - EuroDrift
Audi A8 – Front Corner – M 93 – Wikipedia – EuroDrift

Automotive News reports that the new Audi A8 will come with options for either the V8 or the W12 that is currently only used by Bentley. Specs for the A8 Horch W12 include a 585 bhp, 6.0-litre engine which is more powerful than Audi’s previous generation A8 W12.

In the Bentley Continental, the W12 puts out about 582 horsepower and uses a 6.0-liter engine. The Rolls-Royce Phantom boasts 563 bhp. The modifications planned for the new Horch A8 will now make it competitive with the other W12 cars.

The History of the W12 Engine

Napier Lion Engine - Overview on Display - Peter Grecian - Wikimedia Commons - EuroDrift
Napier Lion Engine – Overview on Display – Peter Grecian – Wikimedia Commons – EuroDrift

The W12 engine was originally used in aircraft engine designs during the 1920’s and Formula One racing cars in the 1980’s. The modern version of the W12 is part of the Volkswagen Group W12 engines and used on several concept and production vehicles.

  • Audi 
    • Avus Quattro (concept version only)
    • A8L W12
  • Bentley
  • Spyker
    • C12 La Turbie
    • C12 Zagato
    • D12 Peking-to-Paris (prototype version only)
  • Volkswagen
    • GTI W12-650 (prototype only)
    • Phaeton W12
    • Touareg W12
    • W12 (concept car)

(source)

The Revival of the Horch Name

A journey through the Audi history – The Horch Museum Zwickau – Audi Germany – YouTube

The revival of the Horch name pays tribute to one of Audi’s original founders, just as Mercedes’ revival of Maybach did.

Right now, Audi has no plans for a stand-alone model under the Horch name. Audi has said that they don’t plan to use the moniker on any other vehicle but the Audi A8. It seems fitting that their top-of-the-line vehicle would carry the name of their founder.

Despite the fact that the plans for the Horch A8 W12 are complete, no production date has yet been set.

Note: The 1939 Horch 930V Phaeton picture for the featured image was taken by Ramgeis of Wikimedia Commons.

How Does the Auto Navigation System Function?

How Does the Auto Navigation System Function?

Satellites Orbit Earth Non-Stop 24/7

High above our heads, a network of about 30 satellites continually orbit the earth. The US government initially put the system in place for military use. Today, it’s used by military and civilians alike to drive our auto navigation systems.

Somebody Is Always Watching

No matter where you are on the planet, at least four satellites can “see” you at any time. Each one continually receives and transmits data to and from units on Earth. A receiving unit might be a SatNav, mobile phone, or GPS.

The auto navigation system in your car continually sends and receives radio signals from those four satellites with eyes on you. Three of the radio waves are used to triangulate your location, and the fourth helps verify the accuracy of the data.

Once the auto navigation unit “knows” where you are, it uses software to place your image on a map. This image shows on the display that you see inside your car.

The Development of Auto Navigation

Porsche Cayenne Navigation System - Interior of Vehicle - Wikimedia Commons - EuroDrift
Porsche Cayenne Navigation System – Interior of Vehicle – Wikimedia Commons – EuroDrift

Before 2000, the government kept the civilian and military navigation systems separate. The data used by US forces could pinpoint a location within 22 meters. The civilian version was much less accurate. It was about five times less precise. This discrepancy kept the public from picking up on military data.

However, in 2000, the civilian population gained access to more accurate data by executive order. It was after that order that auto navigation began to take off.

What Does the Future Hold?

Satellite Navigation: HOW does it Work? | Headsqueeze – BBC Earth Lab – YouTube

Today, it’s possible for car navigation systems to determine your location within 13 meters. They can also send, receive, and process data so fast, that the process is virtually seamless. In fact, the process is becoming precise enough to allow the development of self-navigating cars.

Who knows where auto navigation will take us in the future?

Porsche 993 911 Turbo Project Gold: A Brand New Classic

Porsche 993 911 Turbo Project Gold: A Brand New Classic

Reviving the 993 Turbo for One Car

In 2018, Porsche is celebrating its 70th anniversary as a sports car manufacturer. For this special occasion, the Porsche Classic division went ahead with a unique project. This venture goes by the name of Project Gold. Basically, Porsche is creating a brand-new classic vehicle. The project, a Porsche 993 911 Turbo Project Gold, will only have one unit available for market. Fortunately, people who’d like to buy the car can attempt to do so at auction. During the RM Sotheby’s auction in Atlanta on October 27, 2018, this car will be sold for a great cause. All funds from the vehicle will go to the Ferry Porsche Foundation. This charity focuses on youth development, education, and social activities.

Specs on 993 Turbo Project Gold

Porsche 993 911 Turbo Project Gold - Rear Corner - Manufacturer Picture - EuroDrift

Porsche 993 911 Turbo Project Gold – Rear Corner – Manufacturer Picture – EuroDrift

The brand-new Porsche 993 911 Turbo Project Gold will be the official last air-cooled model by the manufacturer. Cut off two decades ago in 1998, this car continues the chassis number chain while being unique to itself. First, this build features a 3.6-liter twin-turbo flat-six engine with 450 horsepower. This motor is from the original 993 Turbo S, rather than the 993 Turbo. Obviously, this engine will feature air-cooling technology from the 90s period rather than modern coolant systems. The engine works in combo with an original manual transmission and AWD system. Yes, the transmission and AWD system were pulled from a classic parts bin at the facility. Finally, the car wears a beautiful golden yellow metallic paint to signify its presence.

Going Once! Going Twice! Sold!

Porsche Gold – One and only. – Porsche – YouTube

At the end of October 2018, one lucky wealthy man will obtain this beautiful Porsche 993 911 Turbo Project Gold. As a Porsche enthusiast since youth, this car is a dream and would be amazing to have in possession. Who can say that they obtained a brand-new 993 in 2018? Well, not many… considering the limit is one in production. The original 993 Turbo can fetch up to $200,000, so this car will most likely surpass this value. Considering its uniqueness and cause, this car may fetch up to $400,000 or $500,000, or maybe even more. Honestly, it depends how much someone wants this beautiful car. Overall, the 993 rebuild is stunning and will forever be a rare collectible piece for one lucky owner.

Porsche 993 911 Turbo Project Gold - In-Progress - Manufacturer Picture - EuroDrift

Porsche 993 911 Turbo Project Gold – In-Progress – Manufacturer Picture – EuroDrift

McLaren Senna GTR Concept: The Next Ultimate Series Model

McLaren Senna GTR Concept: The Next Ultimate Series Model

The Third Ultimate Series Model for McLaren

McLaren Senna GTR Concept - Side - Manufacturer Picture - EuroDrift

McLaren Senna GTR Concept – Side – Manufacturer Picture – EuroDrift

McLaren, previously known for the F1 GTR and P1 GTR, is currently working on a concept dubbed the Senna GTR. The McLaren Senna GTR Concept will be the third ultimate series model, completing a trio. Obviously, the first vehicle of the series is the McLaren F1 GTR. Secondly, there is the McLaren P1 GTR. Now, there will be the McLaren Senna GTR. The Senna GTR will provide the “purest connection between car and driver” according to the McLaren website. Supposedly, it will also be the “most track focused McLaren yet.”

McLaren F1 GTR & P1 GTR

McLaren F1 GTR - Side - 1998 Goodwood Festival of Speed - User PSParrot - Wikipedia - EuroDrift

McLaren F1 GTR – Side – 1998 Goodwood Festival of Speed – User PSParrot – Wikipedia – EuroDrift

Now, it is only right to discuss the McLaren Senna GTR Concept predecessors. Firstly, there is the McLaren F1 GTR. This vehicle is famous for its victory at the 1995 24 Hours of Le Mans event. It beat the competition with less power, and no expectation to come out on top. With a BMW 6.1-liter V12 engine, this car took the lead. This motor boasts 592 horsepower, which was plenty to win. Overall, the McLaren F1 itself is a legendary car, let alone the more sophisticated GTR version. The McLaren F1 GTR was the first in the ultimate series lineup.

McLaren P1 GTR - Front Corner - 2016 Goodwood Festival of Speed - User Matthew Lamb - Wikipedia - EuroDrift

McLaren P1 GTR – Front Corner – 2016 Goodwood Festival of Speed – User Matthew Lamb – Wikipedia – EuroDrift

The next predecessor to the McLaren Senna GTR Concept is the McLaren P1 GTR. This vehicle is very recent, being only a few years past production. Yet, it still is one heck of a supercar. The P1 GTR was built to celebrate the F1 GTR victory from 1995. Except, this time, the car boasts 986 horsepower, almost double of the F1 GTR. The power arrives from the 3.9-liter twin-turbo V8. Those specs alone show the difference in the power of cars in the last 20 years. This power allows the P1 GTR to reach 60 mph in only 2.8 seconds with a limited top speed of 217 mph.

Breakdown of Senna GTR Concept

McLaren Senna GTR Concept - Rear Corner - Manufacturer Picture - EuroDrift

McLaren Senna GTR Concept – Rear Corner – Manufacturer Picture – EuroDrift

Lastly, it is time to go over the focus of this article, the McLaren Senna GTR Concept. Under the hood, the Senna GTR sports a 4.0-liter twin-turbo V8 engine. This motor produces a whopping 814 horsepower and 590 lb.-ft. of torque. This may be less than the P1 GTR, but it will be faster around the track, which is more important. Also, noteworthy, the Senna GTR is slightly more powerful than the street-legal Senna. And yes, the Senna GTR is a track-only car. The Senna GTR made its debut at the 2018 Geneva International Motor Show. Finally, the Senna GTR is said to be the quickest McLaren lap time outside of Formula 1.

Expectations High for the Senna GTR

The Fastest Selling McLaren Ever! NEW McLaren Senna GTR – Mr JWW – YouTube

Overall, the McLaren Senna GTR Concept is quite a beastly vehicle. Built for the track, this car will be the best McLaren performing vehicle to date. And, truth be told, it is just the beginning. McLaren will be continually working to battle competitors in the supercar realm. First, there was the F1 GTR, then the P1 GTR. Now, it will be the Senna GTR. From there, who knows what is next… well, maybe the CEO and design team at McLaren. Otherwise, nobody knows. In conclusion, the Senna GTR is an amazing car that will stun people for years to come.

McLaren Senna GTR Concept - Rear - Manufacturer Picture - EuroDrift

McLaren Senna GTR Concept – Rear – Manufacturer Picture – EuroDrift

Note: The pictures of the McLaren Senna GTR Concept are the property of the McLaren manufacturer.

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