View Photos of the 1985 Ferrari 288 GTO
Although it could be mistaken for the comparatively humble 308, the 288GTO is the first in the line of modern Ferrari supercars.
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Yahoo
an hour ago
- Yahoo
Lamborghini's new $380K hybrid supercar redefines luxury tech
Lamborghini's new hybrid supercar, the Temerario, blends electrification with extreme performance — all for just $380,000. Yahoo Finance Senior Reporter Pras Subramanian joins Asking for a Trend to share insights from his interview with Lamborghini president and CEO Stephan Winkelman. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend. Ultra luxury car maker Lamborghini is out with its new hybrid vehicle with a price tag of $380,000. And our senior Autos reporter Pras Subramanian spoke with the company's president and got to drive the car. Pras, welcome. Yes, yes. The new Lamborghini Tamburario is out, the hybrid supercar. Now, so they've now fully electrified their line with hybrids. You know, Lamborghini was supposed to actually put out an EV pretty soon, but they've sort of had to dial that back a little bit. And, you know, before we got a chance to drive the car, I spoke to CEO Stephan Winkelmann about their EV plans. We've seen a number of companies, including yours, kind of push back the full EV timeline. What's the latest on that? Well, we decided two things after looking into the acceptance curve of battery electric vehicles, which is flattening in comparison to the previous, you know, thoughts of the global automotive industry. And therefore, also for us, it's lowering the expectation in terms of growth rate. So we decided that the follow-up of the Urus PHEV will be again a plug-in hybrid car. And then we postponed our first model a bit to understand when is the right time to come with it. So it still makes some sense for BEV in the luxury world, potentially? Potentially, but we have to see as we said here, we have to come not when the technology is ready, but when the time is ready and when it's going to be successful and when the customers are accepting it. And this is paramount for a company like ours, because we are delivering dreams and not mobility. Yeah, so delivering dreams versus mobility. They're not a mobility company. They're, you know, they're an emotional performance company. So actually, that combined with, you know, the EV story, combined with tariffs, that's been a thing that's been coming up for really expensive cars, you know, how do you handle that? What they've been doing is they've been absorbing a lot of that cost and passing on some of that to their customers. They think it's unfair to pass the whole cost down. So that's part of the sort of business decision there with the company. Then we have the new trade deal, so that's going to help them out. Uh, you know, secondly, I kind of asked about sort of the future of the company and where they kind of see this luxury EV maker, I'm sorry, luxury automaker, where they see themselves. And here's what he had to say. What do you see the next 20 years bring to Lamborghini? Lamborghini is not about volumes, no. It's about how much you earn that you can reinvest in a newest technology for the future. Because the world is more complex, life cycles are shortening, investments are getting higher, technology is evolving faster. So you have to keep up with it and so we have to grow in terms of awareness, image, and to have a solid customer base, which is appreciating our cars also in 20 years from now. And this depends a lot on us if we keep up with the newest technology, but if we continue also to be trendsetters. You know, despite some of these issues with electrification, tariffs, some sort of global uncertainty here with higher rates, things like that, Lamborghini still had first half sales a little bit higher compared to last year, which is more than you can say about a lot of luxury automakers who have been suffering recently. What about the new car? You test drove it. How did it feel? Uh, the new car is simply, I guess, pretty astounding. The predecessor was called the Huracán. This new Tamburario is 1,000, I mean 900 horsepower, almost 1,000 horsepower, right? A V8 that goes to 10,000 RPM, right? But what's really interesting about this car is that it has, it's electrified. So it has two motors in the front, right? That drive each front wheel. So basically when you kind of go around turns, it'll spin the outside wheel faster, kind of move the car around. So you almost feel like you can do anything in this car, right? Like you can go 200 miles an hour, hit the brakes, turn right really hard, and the car will do it. It's kind of like almost like magic, trickery, alien technology, whatever you want to call it. Uh, this car sort of has it all and it's super fast. I will say that because of the turbo technology and the electric motors, it's not as loud as the predecessor was, the V10, howling V10. This engine can get pretty loud, but if you're driving 10,000 RPM at that speed, you shouldn't be on any local roads. Who is, who do they take it on? Who's the rival for this new car? So Lamborghini and Ferrari have been locked in battle for a while now. Ferrari would say we're one of one Lamborghini, they're just, they're not our competition, but in reality, they really are. Uh, you have Aston Martin, right? You have McLaren. You have cars up this level, up this price, performance-wise. I've not driven the Ferrari 296, but I've heard that that car is sort of the pinnacle, and the Tamburario is probably there, if not, maybe surpasses it, I'm not sure. I've got to drive it. Yeah. Next assignment, that's what it is. Thank you, Pras. Related Videos Ford posts Q2 beat, but warns of tariff impact Boeing Q2 earnings preview: Tariffs & Air India crash in focus Labor data: Jobs report preview & immigration policy's impact Trump Gives Mexico 90-Day Reprieve from Tariffs Sign in to access your portfolio
Miami Herald
2 hours ago
- Miami Herald
Ferrari shares dip 12% in biggest decline since 2016 listing
Ferrari shares fell more than 12% on Thursday, the biggest single-day drop since the automaker was first publicly listed on stock exchanges in New York and Milan in 2016, Reuters reports. Yet unlike some automakers, Ferrari is maintaining its financial guidance amid uncertainty over the Trump Administration's tariffs. Citi analysts cited concerns that Ferrari will be able to maintain its profitability momentum in the second half of 2025 amid slowing sales and stagnating transaction prices. In its most recent earnings call, Ferrari said it was more confident in its previous 2025 guidance-which estimates gross earning of just over $3 billion-and reported a 4% increase in net revenue in the second quarter. Ferrari also said in the earnings call that it would remove a 10% price increase on new cars sold in the United States that's been in place since April, following a new trade deal that sets tariffs on cars imported from the European Union at 15%, down from the 27.5% tariff previously imposed by the Trump Administration. According to Reuters, Ferrari CEO Benedetto Vigna said in a media call that almost all cars the automaker sold in the U.S. during the second quarter were shipped before the 27.5% tariff was introduced, so the 10% price increase wasn't applied to them. That's the advantage of being a low-volume automaker with a backlog of orders (Vigna reportedly said Ferrari's current order book extends into 2027). Ferrari is also reportedly still on track to deliver its first all-electric car. Vigna said during the call that he had driven the first electric model, and that it would be shown to analysts in October, according to Reuters. A public debut is expected in spring 2026, with customer deliveries starting later in the year. However, this first EV may be a unique item for a while. Ferrari was reportedly planning to unveil a second EV in late 2026, but has pushed that back to 2028 due to low enthusiasm among its customers. Similar issues have been cited by rivals Lamborghini and Maserati, with the latter completely canceling an electric version of its MC20 supercar due to the lack of takers. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
2 hours ago
- Yahoo
Why Fernando Alonso sat out the F1 Hungarian GP FP1 with a back injury
Fernando Alonso is confident of completing the remainder of the Formula 1 Hungarian Grand Prix weekend after missing first practice due to a back muscle injury. On Friday morning, Aston Martin announced the two-time F1 world champion would skip the first practice session with reserve driver Felipe Drugovich standing in for the team. Alonso opted to miss FP1 in order to manage a back muscle injury picked up at the Belgian Grand Prix last weekend, and duly returned without any major problems for second practice in Hungary. After FP2 Alonso explained the injury and why it will not impact the rest of his race weekend. 'It is the same as yesterday, it is going to be like this the whole weekend,' he said. 'I have a small injury on my muscle at the back in the lumbar area. 'I need some rest but the summer break is coming, so it is another two days of managing the comfort in the seat. Felipe Drugovich, Aston Martin F1 Team 'Yesterday we found different solutions with air pads and other things that are working fine. So today I had no pain in FP2 so that is positive. 'Always you have small pain and discomfort here and there. The thing is that we did the MRI [scan] last week just to check properly and we saw a small injury on the muscles. 'Obviously, if you are a normal person, you will sit a little bit for two weeks. But I think it is manageable. I don't have pain in the car, which is the most important thing.' Both Aston Martin drivers put in an impressive FP2, with Lance Stroll fourth and Alonso in fifth on the timesheet, but the Spaniard refused to look too deeply into the FP2 times. Aston Martin delivered an updated front wing flap on its relatively new front wing package that the team introduced last weekend at Spa-Francorchamps. 'FP2 felt good,' Alonso said. 'The balance is still maybe not in the window where probably I would like the car to be. A little bit of understeer mid-corner and struggling to rotate the car on the slow speed. 'But normal for a first practice of the weekend. Let's see what we can change overnight. And also a couple of tests that the guys did in FP1. We need to review the data and put the fastest car [together] tomorrow.' Photos from Hungarian GP - Practice Lando Norris, McLaren Guido De Bortoli / LAT Images via Getty Images Fernando Alonso, Aston Martin Racing Zak Mauger / LAT Images via Getty Images Dettaglio tecnico Haas VF-25 Alexandra Saint Mleux Simon Galloway / LAT Images via Getty Images Nico Hulkenberg, Sauber Guido De Bortoli / LAT Images via Getty Images Max Verstappen, Red Bull Racing Sam Bloxham / LAT Images via Getty Images Mark Webber Sam Bagnall / Sutton Images via Getty Images Fans of Isack Hadjar, Racing Bulls Team Red Bull Content Pool Dettaglio tecnico Ferrari SF-25 Pierre Gasly, Alpine Zak Mauger / LAT Images via Getty Images Nico Hulkenberg, Sauber, Lance Stroll, Aston Martin Racing, Gabriel Bortoleto, Sauber Guido De Bortoli / LAT Images via Getty Images George Russell, Mercedes Alastair Staley / LAT Images via Getty Images Gabriel Bortoleto, Sauber Simon Galloway / LAT Images via Getty Images Dettaglio tecnico McLaren Leo the dog Zak Mauger / LAT Images via Getty Images Dettaglio tecnico Red Bull Oliver Bearman, Haas F1 Team Simon Galloway / LAT Images via Getty Images Andrea Kimi Antonelli, Mercedes Sam Bloxham / LAT Images via Getty Images Lando Norris, McLaren Alastair Staley / LAT Images via Getty Images Pierre Gasly, Alpine Sam Bagnall / Sutton Images via Getty Images Paul Aron, Sauber Sam Bloxham / LAT Images via Getty Images Lando Norris, McLaren Alastair Staley / LAT Images via Getty Images Flavio Briatore, Executive Advisor of Alpine F1 Sam Bagnall / Sutton Images via Getty Images Oliver Bearman, Haas F1 Team Simon Galloway / LAT Images via Getty Images Paul Aron, Sauber Guido De Bortoli / LAT Images via Getty Images Oscar Piastri, McLaren Alastair Staley / LAT Images via Getty Images Alexander Albon, Williams Sam Bloxham / LAT Images via Getty Images Max Verstappen, Red Bull Racing Red Bull Content Pool Lando Norris, McLaren Alastair Staley / LAT Images via Getty Images Franco Colapinto, Alpine Sam Bagnall / Sutton Images via Getty Images Oliver Bearman, Haas F1 Team Simon Galloway / LAT Images via Getty Images Max Verstappen, Red Bull Racing Red Bull Content Pool Pierre Gasly, Alpine Sam Bagnall / Sutton Images via Getty Images Lewis Hamilton, Ferrari Zak Mauger / LAT Images via Getty Images Lando Norris, McLaren Zak Mauger / LAT Images via Getty Images Liam Lawson, Racing Bulls Team Alastair Staley / LAT Images via Getty Images Oliver Bearman, Haas F1 Team Zak Mauger / LAT Images via Getty Images George Russell, Mercedes Sam Bloxham / LAT Images via Getty Images Paul Aron, Sauber Simon Galloway / LAT Images via Getty Images Oscar Piastri, McLaren Alastair Staley / LAT Images via Getty Images Esteban Ocon, Haas F1 Team Zak Mauger / LAT Images via Getty Images Andrea Kimi Antonelli, Mercedes Zak Mauger / LAT Images via Getty Images Gabriel Bortoleto, Sauber Zak Mauger / LAT Images via Getty Images Charles Leclerc, Ferrari Simon Galloway / LAT Images via Getty Images Oscar Piastri, McLaren Clive Rose / Formula 1 via Getty Images Oscar Piastri, McLaren Zak Mauger / LAT Images via Getty Images Charles Leclerc, Ferrari Zak Mauger / LAT Images via Getty Images Lando Norris, McLaren Zak Mauger / LAT Images via Getty Images George Russell, Mercedes Zak Mauger / LAT Images via Getty Images Lando Norris, McLaren Alastair Staley / LAT Images via Getty Images Lewis Hamilton, Ferrari Alastair Staley / LAT Images via Getty Images Franco Colapinto, Alpine Zak Mauger / LAT Images via Getty Images Oscar Piastri, McLaren Alastair Staley / LAT Images via Getty Images Fernando Alonso, Aston Martin Racing Zak Mauger / LAT Images via Getty Images Max Verstappen, Red Bull Racing Red Bull Content Pool Lando Norris, McLaren Alastair Staley / LAT Images via Getty Images George Russell, Mercedes Sam Bloxham / LAT Images via Getty Images Esteban Ocon, Haas F1 Team Simon Galloway / LAT Images via Getty Images Felipe Drugovich, Aston Martin F1 Team Zak Mauger / LAT Images via Getty Images Isack Hadjar, Racing Bulls Team Red Bull Content Pool Lewis Hamilton, Ferrari Sam Bagnall / Sutton Images via Getty Images Yuki Tsunoda, Red Bull Racing Zak Mauger / LAT Images via Getty Images Alexander Albon, Williams Zak Mauger / LAT Images via Getty Images Isack Hadjar, Racing Bulls Team Red Bull Content Pool Liam Lawson, Racing Bulls Team Red Bull Content Pool Read Also: F1 Hungarian GP: Lando Norris tops FP2 ahead of Oscar Piastri F1 Hungarian GP: Lando Norris leads McLaren 1-2 in FP1 To read more articles visit our website.
