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Ferrari F12 Berlinetta

Ferrari has confirmed the name of the successor to the 599 GTO as the F12 Berlinetta ahead of its official debut at next week's Geneva motor show. The car, originally thought to be named the F620 GT, is the most powerful Ferrari road car ever launched with advanced vehicle architecture, aerodynamics, components and electronic controls. The design process – undertaken by both Ferrari and Pininfarina – involved with lengthy wind tunnel testing and extensive computational fluid dynamics (CFD) simulations.

'80s dream-car bargains: The AutoWeek list

'84-'89 C4 Corvette High: $44,000 Low: $2,500 Average: $10,018 Our take: Arguably the best buy on this list '85-'89 Volkswagen GTI High: $5,995 Low: $4,100 Average: $4,865 Our take: The iconic pocket rocket '85-'89 Ford Mustang 5.0 High: $48,995 Low: $1,900 Average: $7,924 Our take: Pony car + V8 = tons of fun '87-'89 Pontiac Firebird Formula High: $22,900 Low: $4,000 Average: $10,293 Our take: One day, you might be able to show it at an Orphan Car Show '84-'87 Buick Grand National High: $31,700 Low: $9,000 Average: $17,442 Our take: If you can find a clean one for less than $20,000, buy it '81-'82 DeLorean DMC-12 High: $26,900 Low: $15,998 Average: $22,572 Our take: Only on the market for a couple years; might always be a collectible '81-'89 Lotus Esprit High: $41,998 Low: $16,495 Average: $23,535 Our take: One of the fastest cars in its day '88-'89 BMW M3 High: $65,000 Low: $14,500 Average: $24,417 Our take: A lot of thrills for the money '83-'85 Ferrari 308 GTS High: $44,950 Low: $32,900 Average: $37,878 Our take: A Ferrari for less than 40 grand? Believe it '81-'89 Porsche 911 Turbo High: $78,500 Low: $24,900 Average: $40,669 Our take: Be careful, these monsters are a handful!

Brief 2 – Cadillac: CDN–GM Interactive Design Competition

Car Design News and General Motors are once again holding an Interactive Design Competition. There are five briefs to choose from, set by GM's designers, and you're invited to submit your entry on the competition website: http://www.cardesigncontest.com/ Cadillac's brief offers an interesting challenge: looking to the horizon – while considering global luxury customers, competitors and trends – how would you design a Cadillac V-Series vehicle for an urban environment? The brief asks for your to design a B- or C-segment car that embodies Cadillac brand philosophy and vehicle attributes, and should give an evolutionary perspective on the firm's Art & Science design philosophy.