Formula One is introducing a hybrid-drive system for the 2009 season, but the first road car to benefit from the trickle-down effect may come from Ferrari

[ Read Full Story ]

Passenger-car gasoline in Italy costs the equivalent of around nine bucks a gallon. Formula One racing fuel goes for several euros more. And at a (full-speed) fuel consumption rate of between three and four miles per gallon, Ferrari's F1 cars can burn through heaps of Italian green during track testing. That's one reason the company, along with a few other F1-entrenched firms, are betting on the latest virtualization tech to help shave a few Euros off the high cost of testing.

[ Read Full Story ]

Ferrari hasn't yet pulled the $50-a-yard, Swiss voile cotton sheet back on its latest model, the California. But the company did release its initial media package on the car earlier today. It revealed a sleek grand tourer sporting the first front-mounted V8 in the company's history. The California is also the first all-new model to arrive since the iconic brand started hinting at a new focus on fuel efficiency. Say what?

[ Read Full Story ]

Ferraristi have been burning the midnight olio waiting for a sign -- any sign -- from Maranello regarding the company's new GT model. They got their wish today at 1 pm New York time, when Ferrari launched a teaser Web site to serve as the only official information source for the new GT, which we hear will look like a smaller version of the Ferrari 599GTB.

[ Read Full Story ]