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Fiat Abarth 695 Tributo Ferrari at Frankfurt

Fiat are said to be bringing the 500 Abarth 695 Tributo Ferrari to Frankfurt Update 12/9/09: Fiat has now confirmed that the Abarth 695 Tributo Ferrari is real and will be at the Frankfurt Motor Show. We’ve updated with details and a full gallery of pictures of the Tributo Ferrari, and the Abarth 695 Tributo Ferrari Press Release. And earlier this year we speculated – whilst looking at the Abarth 500 – that it would make a great courtesy car for Ferrari and other Supercar makers.

Porsche considering full factory F1, Le Mans teams

New Porsche CEO and president Matthias Muller is weighing up a review of Porsche’s motorsport activities – and claimed the sports car brand could re-enter Le Mans with a full factory team, or even F1. Muller was appointed on 1 October 2010 and has lots on his plate: he’s a VW veteran and is charged with integrating Porsche smoothly into the Volkswagen business empire as Wolfsburg ratchets up its ownership of Porsche. That integration includes motorsport, he told CAR at the 2010 Paris motor show.

Ferrari black: Prancing Horse turns a profit in first quarter

Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter. Making money amid the global economic crisis is no small feat--and Ferrari posted the gain despite a slip in sales and revenue.