Novitec Rosso creates the 747hp Edizione

October 23rd, 2009 by Darren Cottingham

Novitec Rosso 430 Edizione 747 fq

The Ferrari 430 Scuderia is already one of the hottest-performing supercars on the market, but some people just can’t go fast enough. While Ferrari has been working tirelessly on the new 458 Italia to replace the 430′s already legendary performance. Aftermarket tuners Novitec Rosso, have come back again with a final mod job for the Italian stallion.

Named the Edizione 747, the custom Scuderia packs some serious performance figures. By strapping a pair of superchargers to the high-revving 4.3-liter V8, along with a few more tweaks Novitec has brought output up from 510 horses to an insane 747 horsepower. Intercoolers and revised aerodynamic cooling keep the engine chilled out. Twenty-inch NF3 rims are wrapped in Michelin Pilot Sport Cup rubber mounted to sport springs that lower the ride height by another 30 mm. Luckily the car is available with an adjustable front end that can lift 40 mm to clear curbs and speed bumps at the touch of a button. Novitec’s used an exclusive two-tone yellow and matte black paint scheme, and given the interior a few touches to complete the package.

Novitec claims the 747 is capable of a 350 kph top speed, and can hit 100 kph in just 3.4 seconds  a touch quicker than stock. Novitec will only be making three examples, which will be enough to keep a few cashed up speed freaks busy until the new 458 Italia comes around, then it will all start again.

Ferrari records record profit for 2008

March 19th, 2009 by Darren Cottingham

Ferrari records profit

Following a record first-quarter profit for Ferrari, the global economic slowdown and a tightening credit market threatened to ground what had looked like a promising year to a halt. There was talk of tough times at Ferrari. But Ferrari’s ledger book has stayed strong according to the company, with a 17.6% return on sales.

That signals a 1.6% upturn over 2007, an amazing result considering the industry’s turmoil. Ferrari credits its cost-cutting measures as much as its wide range of cars and relatively strong sales with the against-trend result. Research and development budgets increased over the year despite the economic downturn, rising to 18% of revenues.

Total revenues for 2008 totalled €1.921 billion, up 15.2% from 2007, largely due to sales of the 430 Scuderia and strong continued performance from the 612 Scaglietti and 599 GTB Fiorano. Total sales volume was 6,587 cars, up by 2% or 122 cars from 2007. North America was once again the largest market for the Prancing Horse, accounting for 1,700 cars of the total.