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Wednesday, April 7, 2010 as of 11:14 AM ET

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Ferrari

Ferrari S.p.A. is an Italian sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari in 1929, as Scuderia Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles as Ferrari S.p.A.

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Ferrari auctions race car to raise money for quake victims, takes in foundry workers

Ferrari is auctioning a race car to raise money for victims of the earthquakes that have rocked its northern Italian birthplace, Emilia-Romagna.

The 599XX Evo has a commercial value of €1.3 million. The car boasts the best in Ferrari technology — and can only be driven on a track, not the open road.The online auction next week, at www.ferraristore.com , also will feature Formula 1 memorabilia, including helmets donated by drivers Fernando Alonso and Felipe Massa.Monday's 5.8-magnitude quake was only about 40 kilometers (25 miles) from Ferrari's Maranello headquarters, and damage from the temblor has closed one of Ferrari's suppliers. Ferrari has helped displaced workers find temporary work at other plants and is moving some of the damaged foundry's equipment to its headquarters to continue production....

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  1. Jenson Button fastest in 2nd practice at Monaco Grand Prix; Grosjean impresses again

    Jenson Button posted the fastest time in a rainy second practice at the Monaco Grand Prix on Thursday.A downpour briefly interrupted the second session, and drivers ...

  2. AUTO RACING PACKAGE: Defending champion Sebastian Vettel locked in fight for F1 supremacy

    When Sebastian Vettel headed to the Monaco Grand Prix last season, all the talk was of how quickly the Red Bull driver would wrap up the Formula One championship.It ...

  3. This Week in Auto Racing May 24 - 27

    Auto racing's biggest day of the year is on Sunday, beginning with the Monaco Grand Prix in Monte Carlo, followed by the Indianapolis 500 and then the Coca-Cola 600 ...

  4. Monaco GP could feature a sixth different winner this year

    Formula One is experiencing one of its finest starts to a season in 2012.There have been five different drivers and constructors that have won in as many grand prix ...

  5. Lewis Hamilton edges Pastor Maldonado at Spanish GP to win 3rd pole of F1 season

    McLaren driver Lewis Hamilton was fastest in qualifying for the Spanish Grand Prix on Saturday, racing past Pastor Maldonado to deny the Venezuelan a first Formula O...

  6. AUTO PACKAGE: F1 championship seemingly up for grabs after unpredictable start

    Teams and drivers emerged from the Spanish Grand Prix with more questions than answers on just who is the Formula One favorite after five races.Pastor Maldonado's ma...

  7. Hamilton tops Maldonado for Spanish GP pole

    Lewis Hamilton from McLaren claimed his third pole of the season by winning Saturday's qualifying for the Spanish Grand Prix.Pastor Maldonado from Williams surprisin...

  8. Hamilton loses Spanish GP pole after fuel violation

    McLaren's Lewis Hamilton lost his pole position for Sunday's Spanish Grand Prix after Formula One's governing body, the FIA, determine his car did not have sufficien...

  9. CUP: NASCAR Stars Mourn Loss Of Shelby

    Friday afternoon at Darlington Raceway, word began to filter through the NASCAR Sprint Cup garage about the loss of racing legend Carroll Shelby, one of the true her...

  10. Maldonado holds off Alonso for Spanish GP victory that gives Williams 1st F1 win since 2004

    Pastor Maldonado held off Fernando Alonso to win the Spanish Grand Prix on Sunday, giving Williams its first Formula One victory in eight years. The celebration quic...

  11. 7-time Darlington champion Jeff Gordon's troubles continue at track "Too Tough To Tame"

    Jeff Gordon's season didn't get any better at one of his most successful tracks.Gordon twice had to pit because of flat tires, continuing a host of struggles that ha...

  12. Maldonado scores maiden F1 win in Spanish GP

    Pastor Maldonado claimed his first win in his early Formula One career by taking Sunday's Spanish Grand Prix.Maldonado and Williams became the fifth different driver...

  1. Is the handbrake grappling with extinction?

    It's the teenage version of the American Dream: getting your driver's license.But if you don't read the fine print on the rules and regulations, the big day could tu...

  2. Webber shows he is still a contender

    Those who thought Mark Webber had blown his one and only chance of winning the Formula One title back in 2010 may need a rethink after the Australian's pole to flag ...

  3. Alonso fastest in smoky Monaco practice

    Ferrari's Fernando Alonso showed his mastery of Monaco on Thursday with the fastest lap in a first free practice session cut short in a cloud of smoke.The Spaniard, ...

  4. Schumacher denied pole for Monaco GP due to grid penalty

    While enduring his worst season in his illustrious Formula One career, Michael Schumacher from Mercedes surprisingly won Saturday's qualifying session for the Monaco...

  5. Button flies in wet Monaco practice

    McLaren's Jenson Button set the pace in practice for the Monaco Grand Prix on Thursday after morning sunshine gave way to afternoon showers.Button, a winner around t...

  6. Webber wins Grand Prix of Monaco

    Red Bull Renault's Mark Webber became the sixth different driver to win a race this season by capturing the 78-lap Formula One race at the historic Grand Prix of Mon...

  7. Drivers expect another wide-open race at Monaco GP while fans relish unpredictable F1 season

    The Formula One season so far has been as unpredictably exciting as the roulette tables of Monaco, where the Grand Prix on Sunday could produce a sixth different rac...

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