Stay at this $75,000-a-night private island comes with this rare Ferrari
It was developed from the original drawings of the original, which conquered the 1000km in Buenos Aires and the 12 Hours of Sebring with the driving duo Phil Hill and Peter Collins.
On top of the car, guests can also enjoy bespoke menus and up-close-and-personal encounters with wild turtles and whale sharks.
The cost of staying on the island varies, but reports suggest it is around $75,000 a night.
The post Stay at this $75,000-a-night private island comes with this rare Ferrari appeared first on Talker.
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Associated Press
32 minutes ago
- Associated Press
PENSKE AUTOMOTIVE GROUP COMPLETES ACQUISITION OF FERRARI DEALERSHIP IN NORTHERN ITALY
Ferrari Modena Complements Existing Luxury Brand Presence in Italy Strengthens Worldwide Penske/Ferrari Relationship BLOOMFIELD HILLS, Mich., July 3, 2025 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and eight countries, has completed the acquisition of a Ferrari dealership in Modena, Italy. Located in Emilia Romagna, the heart of the Italian Motor Valley, this Ferrari dealership expands the Company's existing luxury presence in Italy to 29 automotive retail locations. Penske Automotive Group now represents nine Ferrari locations worldwide, including Maranello Classic Parts, the only official Ferrari classic parts distributor in the world. The expected estimated annualized revenue of the Modena location is $40 million. Commenting on the acquisition, Penske Automotive Group Head of International Operations Randall Seymore said, 'We are honored to represent the Ferrari brand at such an iconic location in Italy. Our luxury brand presence in northern Italy, strong reputation and experienced leadership team will help us provide exceptional service to Ferrari customers. We welcome the Ferrari brand in Italy, its customers and its existing employees to our team.' About Penske Automotive Penske Automotive Group, Inc., (NYSE: PAG) headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers. PAG operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia and is one of the largest retailers of commercial trucks in North America for Freightliner. PAG also distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services principally in Australia and New Zealand. PAG employs over 28,700 people worldwide. Additionally, PAG owns 28.9% of Penske Transportation Solutions ('PTS'), a business that employs over 44,500 people worldwide, manages one of the largest, most comprehensive and modern trucking fleets in North America with over 428,000 trucks, tractors, and trailers under lease, rental, and/or maintenance contracts and provides innovative transportation, supply chain, and technology solutions to its customers. PAG is a member of the S&P Mid Cap 400, Fortune 500, Russell 1000, and Russell 3000 indexes. For additional information, visit the Company's website at Caution Concerning Forward Looking Statements Statements in this press release may involve forward-looking statements, including forward-looking statements regarding Penske Automotive Group, Inc.'s financial performance, expectations and anticipated revenues. Actual results may vary materially because of risks and uncertainties that are difficult to predict. These risks and uncertainties include, among others, those related to macro-economic, geo-political and industry conditions and events, including their impact on sales of new and used vehicles, service and parts, and repair and maintenance services, the availability of consumer credit, changes in consumer demand, consumer confidence levels, fuel prices, demand for trucks to move freight with respect to Penske Transportation Solutions (PTS) and Premier Truck Group and other freight metrics such as spot rates or miles driven, personal discretionary spending levels, interest rates, foreign currency exchange rates, and unemployment rates; our ability to obtain vehicles and parts from our manufacturers, especially in light of supply chain disruptions due to natural disasters, tariffs and non-tariff trade barriers, any shortages of vehicle components, international conflicts, challenges in sourcing labor, or labor strikes or work stoppages, or other disruptions; the control our manufacturer partners can exert over our operations and our reliance on them for various aspects of our business; risks to our reputation and those of our manufacturer partners; changes in the retail model either from direct sales by manufacturers, a transition to an agency model of sales, sales by online competitors, or from the expansion of EVs; disruptions to the security and availability of our information technology systems and those of our third party providers, which systems are increasingly threatened by ransomware and other cyber-attacks; the effects of a pandemic on the global economy, including our ability to react effectively to changing business conditions in light of any pandemic; the impact of tariffs targeting imported vehicles and parts, as well as changes or increases in tariffs, trade restrictions, trade disputes or non-tariff trade barriers; the rate of inflation, including its impact on vehicle affordability; changes in interest rates and foreign currency exchange rates; our ability to consummate, integrate, and realize returns on our acquisitions; with respect to PTS, changes in the financial health of its customers, labor strikes or work stoppages by its employees, a reduction in PTS' asset utilization rates, continued availability from truck manufacturers and suppliers of vehicles and parts for its fleet, including with respect to the effect of various government mandates concerning the electrification of its vehicle fleet, changes in values of used trucks which affects PTS' profitability on truck sales and regulatory risks and related compliance costs, our ability to realize returns on our significant capital investments in new and upgraded dealership facilities; our ability to navigate a rapidly changing automotive and truck landscape; our ability to respond to new or enhanced regulations in both our domestic and international markets relating to dealerships and vehicles sales, including those related to the sales process, emissions standards or electrification, as well as changes in consumer sentiment relating to commercial truck sales that may hinder our or PTS' ability to maintain, acquire, sell, or operate trucks; the success of our distribution of commercial vehicles, engines, and power systems; natural disasters; recall initiatives or other disruptions that interrupt the supply of vehicles or parts to us; the outcome of legal and administrative matters, and other factors over which management has limited control. These forward-looking statements should be evaluated together with additional information about Penske Automotive Group's business, markets, conditions, risks, and other uncertainties, which could affect Penske Automotive Group's future performance. The risks and uncertainties discussed above are not exhaustive and additional risk and uncertainties are addressed in Penske Automotive Group's Form 10-K for the year ended December 31, 2024, its Form 10-Q for the quarterly period ended March 31, 2025, and its other filings with the Securities and Exchange Commission. This press release speaks only as of its date, and Penske Automotive Group disclaims any duty to update the information herein. Inquiries should contact: View original content to download multimedia: SOURCE Penske Automotive Group, Inc.
New York Times
2 hours ago
- New York Times
How life in F1 forced Ollie Bearman to evolve — as a driver and a person
Of the six full-season rookies in Formula 1 this year, three of them lined up on the grid for the first race in Australia with a sense of familiarity. After all, it was not their debut. Liam Lawson had already appeared in 11 races through 2023 and 2024, meaning his 'rookie' label was long-shaken. Jack Doohan, meanwhile, got the nod for the final race of last year at Alpine. Advertisement Ollie Bearman had already made three starts — including a star turn as a last-minute stand-in for Carlos Sainz at Ferrari in Jeddah last year, where his seventh-place finish stood him out as a great future prospect. Between that and his two substitute appearances at Haas in 2024, the team he'd signed to race for this year, plenty was expected of the young man from Chelmsford, England. But Bearman would only truly experience the highs and lows of life in F1's intense championship spotlight once he was racing full-time. As good as those handful of 2024 outings were, they would never be enough to make up for his inexperience. 'Not being (called) a rookie was a bit harsh,' Bearman told The Athletic. 'Because I felt very much like a rookie, particularly at the start of the year.' There were a number of adjustments Bearman had to deal with, just like his fellow Formula 2 graduates. There are new, challenging tracks, such as Miami or Japan, that never appeared on the calendars of their junior career entries. And the demands of being an F1 driver, like extra media duties and sponsor commitments, meant he was being pulled in many more directions. 'It's certainly been a big change — more exposure, more eyes on you, more questions to answer, less time focusing on the driving,' Bearman said. 'It's difficult to be prepared for the race weekend when a lot (beforehand) is not actually spent looking at data and stuff like that.' In F2, the Thursday before a race weekend would be dedicated entirely to reviewing data and walking a track. Now, Bearman said he'd be doing 'very well' if he got to spend an hour with his engineers on a Thursday in race week. 'It's just the realities of the new life,' Bearman said. 'You can't complain about it.' A tricky opening weekend in Australia didn't help Bearman settle in. He crashed in first practice, damaging his car so much that he couldn't take part in FP2. He spun into the gravel in FP3 the next day and was then sidelined by a gearbox issue in qualifying. He crossed the finish line as the last classified finisher in 14th. Advertisement A disappointing start, but one he responded well to at the next race in China. A spirited charge to eighth started a three-race run of points finishes. Of all the rookies, Bearman was perhaps the best-known to F1 fans thanks to his sporadic performances last year. But he felt there was a need to manage expectations early in 2025, to ensure his successful cameos last year weren't the bar he was anticipated to reach every time he went out on-track as a full-time racer. He especially had to remind himself. 'Last year I had it pretty… not easy, but I scored points in two out of the three races, and in the third one I was in Q3 fighting for points again,' Bearman said. 'So, I'm realizing that in a full season, there's many more variables that can happen. A lot more can go against you. 'Even if I'm doing a really good job in terms of my personal performance, it's not always reflected in the results. It's difficult not to get down about stuff like that.' With a Haas car that has fluctuating performance levels, swinging from fighting to lead the midfield to propping up the qualifying results, Bearman had to come to terms with factors outside of his control that would lead to a poor result. Haas is seventh in the constructors' standings with 29 points, but 20 of those came in the first four races. Bearman has no points since the Bahrain GP in April, but has finished 11th in the past two races. 'Sometimes I feel like I've had really good weekends personally, and I finished P15, so sometimes it's really difficult,' Bearman said. It's not like F2, a single car spec series, where on a weekend that Bearman would be feeling good, he'd at least finish on the podium and maybe win a race. 'Now, a good weekend for me is P10,' Bearman said. 'It's an adjustment.' It may seem counterintuitive, but it means direct results aren't the best gauge for Bearman's performances in 2025. 'At this stage in my career, it's not going to really change the future in a big way,' he said. 'Of course, I want to score as many points as I can for the team and for myself. But I think a more pertinent indicator is my performance.' Advertisement There have been positive signs, particularly with teammate Esteban Ocon, a grand prix winner in his eighth full F1 season, across the garage. He's someone who Bearman has enjoyed working with so far. Ocon has outscored Bearman 23-6 this year, but their qualifying head-to-head is much closer at 6-5. And the average margin is a tiny 0.032 seconds in Ocon's favor, the third-closest match-up between teammates in F1 this year. As positive as that may look, Bearman felt various factors meant his qualifying results were actually 'a bit unrepresentative' this year. Even at 20, Bearman already has a strong support network around him to help deal with his new reality of life in F1. He's stepped up his training to handle the greater physical demands of F1 machinery, putting a particular onus on neck training. 'I've got to get some bigger shirts now,' Bearman said. 'Whenever I go to serious events, my top button doesn't do up! So I'm forced to be casual.' Since he was in Formula 4, the lowest level of single-seater car racing, Bearman has worked with a driver coach who also helped with mental support, but he's now taken another step. Bearman recently started working with a performance coach to 'understand the brain and how humans react to stuff,' he said. 'Not only for professional life, but also for personal life.' He noted how important mindset and mentality can be for elite athletes, sometimes even more so than physical training. 'It's just working on being the best version of myself,' he said. 'So, as much as I will spend 10 hours a week cycling, I will try to spend one or two thinking about how to react, how to perform, and how to better myself.' This has helped Bearman get used to his new life as an F1 driver. 'We spend a long time in the limelight and going from one extreme, with so many people around you, to then going home and being in your own little bubble. It's tough to adjust. Sometimes you need two different personalities to live in this world. It's interesting.' Advertisement Is that how Bearman feels? That there's an Ollie in F1 mode and an Ollie outside of the sport? 'For sure,' he said. 'Also, generally my tendency is that I've got ants in my pants, if you know what I mean? I need to always be doing stuff. Sometimes, a week off at home doing no racing, I'm like, 'what am I going to do with myself?' Because I need to be at a racetrack.' If he can't be at an actual race track, then Bearman will happily make do with a virtual one, having recently taken delivery of a new, custom-built simulator rig to have at his home in Monaco. He moved there over the winter. 'I'm really happy!' he said. 'I'm using it to train, and it's been huge.' Bearman typically races on iRacing and Assetto Corsa, but 'not all of it is super serious. It's just nice to have fun, try out new tracks, new cars. Any driving can't be a negative.' As more Gen Z drivers have joined the grid, the rise of sim racing as a viable form of practice — and fun — has become clear. Four-time world champion Max Verstappen has led that charge. Born in 2005, Bearman said he 'grew up with an Xbox controller in my hand,' his favorite games being Burnout Paradise, Need for Speed: Hot Pursuit and F1 2012. Thirteen years later, Bearman's face is on the cover of this year's official F1 game, F1 25. 'I'm yet to see myself, but I want to go to the store and see myself on the cover,' he said. 'It's going to be crazy.' It's a new level of fame, but not one that Bearman really feels. As much as he's loved the reception from fans in F1 — he got some of the loudest cheers of the night at the F1 season launch event at London's O2 Arena in February — he's not felt a huge change in how he lives his day-to-day life. 'Fame is not really something that bothers me, or anything that I'm actually changed by,' Bearman said. 'Where I live, in Monaco, there are 18 other F1 drivers, and they're all more experienced and well-known than me. So, I can go by pretty easily. They don't notice me.' Advertisement This weekend's British Grand Prix will bring Bearman full circle. It was at Silverstone 12 months ago where Haas announced he'd be racing for the American team in 2025. Now he'll have the chance to race for real in front of a bumper British crowd, which will surely take a keen interest in his success. One thing that's striking about every conversation with Bearman is how fortunate he feels — a kid living out his dream of being an F1 driver. He gestured to the Haas motorhome around him, newly updated for this season. 'If you see where we've spent our whole careers before as F2 and F3 drivers, this is five-star luxury,' he said. 'Sometimes you have to pinch yourself with the new life that we're living and not get comfortable with it, because there's plenty of people who would love to be in this position and wouldn't think twice about taking the seat. 'It's important to keep working as hard as possible. Because your future is never guaranteed.' (Top image: Mark Sutton – Formula 1/Formula 1 via Getty Images)
Condé Nast Traveler
16 hours ago
- Condé Nast Traveler
F1: The Movie Speeds Through Real Races Around the World
What is your own relationship with Formula 1? Like many young boys, growing up, I enjoyed watching it. It was a world that seemed so glamorous, so exciting. Those were the Ayrton Senna days, Nigel Mansell, Schumacher… So, when I first got the call, it was like, wow, okay, this is mega exciting, the little boy in me is able to kind of come out again. Of course, the sport is so different compared to what it was like so there was much to learn. How many races did you film at? Were there some that appealed more to Joseph (Kosinski) and the team than others? I want to say it was nine races. Let's see, we started at Silverstone, then went to Hungary, then Monza, Spa in Belgium, a splinter unit to the Dutch Grand Prix and Japan, Mexico City, Abu Dhabi, then Las Vegas, and back to Silverstone. It wasn't always perfectly linear, but the choices were made by Joe [Kosinski] to have the races that had the most pertinent story points. Of course, there are certain tracks which are especially iconic, yeah? Silverstone, where F1 started; Spa in Belgium, because of the Eau Rouge (one of the most iconic and challenging corners on the Circuit de Spa-Francorchamps); Japan because the fans are extraordinary; and Abu Dhabi because it's the last and the story had to end there. Abu Dhabi is a very interesting race, because it starts in the daytime, then goes through dusk, and ends at night—all in a two-and-a-half-hour window. Monza is great because the (Ferrari) fans go wild; you'll notice that in the film. Mexico City has this sort of gladiatorial arena which the cars drive into and out of. No other track has that. And quite frankly, the crowds were the most exciting. Tell us about the APX GP garage. It looked so legit. The brief, very clearly, was authenticity, but we wanted to own the design of it. There's this Spanish architect called Santiago Calatrava that we all like and he does these incredible, kind of sweeping white buildings and Joe, who is himself an architect and has a great eye for design and detail, thought it was a nice starting point. In most F1 garages, form follows function. Don't get me wrong, they're still great, but because ours didn't have to behave like a garage, we had a bit more freedom. The car is a central character in the movie so we were able to design it to showcase the car (as much as the wonderful cast). And because the car is black and gold, and because the racing suits were white, we decided that we wanted to have the garage be one tone, so it looked really slick. Lewis came into our garage on opening day at Silverstone and went, hey guys, this looks super cool. But it also had to behave like a real garage to the point where you could open any drawer in any of the cabinets, and the right tools would need to be in the right place.
