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Since everyone else is getting in on the four-door supercar game, Ferrari might as well give one of its cars the taffy pull treatment. Rather than wait for one of the design houses classically associated with the Prancing Horse to apply masterstrokes of design, Russian enthusiast Krasnov Igor came up with his own quad portal thoroughbred. We’re not thrilled with the results, but we’ll bestow an A for effort. Looking like a Scaglietti that got tossed in the blender with an Elise’s roof and a Lamborghini tail, the wheelbase and proportions just don’t look quite right. Perhaps the Lambo tail is a nod to the car’s intended role as a competitor to the Lamborghini Urus/Estoque/whatevertheywannacallit, but we’re thinking that car’s styling will be far more cohesive.

To celebrate its 26th year as Orange County’s most prestigious classic car show, this year’s Newport Beach Concours d’Elegance moved from its recent home in Irvine to the St. Regis Monarch Beach Resort in Dana Point. Still not Newport Beach, but much closer to the ocean at least. Benefiting the Mary & Dick Allen Diabetes Center at Hoag Hospital and the Assessment and Treatment Services Center, the event featured Cadillac as its honored marque to commemorate GM’s 100th birthday this year. Besides the gorgeous 1931 Cadillac Sport Phaeton V16 Fleetwood poster car, there were at least a dozen other notable Caddys, as well as about 150 other beautiful classic and collector cars, of which you can see most of them in our high-res gallery below.

Although a notch below the premier events like Pebble Beach, some of the most beautiful and significant vehicles around show up for this concours. Representatives from The Petersen, The Nethercutt Collection, the William Lyon Estate, the Mercedes Classic Center, the Simon Collection, the Caballeriza Collection, and the Marconi Museum were on display, alongside some superb machinery from local collectors like David Sydorick and Peter Mullin.

While we knew Formula 1 racing was an expensive venture, leave it to the 2008/2009 edition of Formula Money to spell-out the jaw-dropping finances for us. According to their latest guide, the supporting cast will shell out over $3 billion this year in team resources — with Toyota dropping more than $445 million of it alone. McLaren is a close second at $433 million, while Ferrari rounds out the top three with $414 million coming out of pocket. If you take a look at team resources divided by points scored, each point cost Ferrari $1.9 million in 2007 (while each point cost Honda a staggering $57.2 million during the same period!). With the financial markets around the world roiled in turmoil, many are wondering when the F1 budgets are going to feel the pinch… Thanks for the tip, Keith!

C“We’re not building a cheap Ferrari”. That was the oft-repeated party line from Maranello as the Prancing Horse marque was plainly working on the new California. Well no kidding, not at these prices.

The first example of the Ferrari California was sold during its American unveiling in Santa Monica this week, garnering a top bid of $520,000. The event was attended by a handful of Hollywood celebrities, and even the Governator dropped by. Half a million can buy you a lot of car, and the California is expected to retail for about a third of that amount, but of course that’s not the point: proceeds from the sale will go to the After-School All-Stars charitable foundation.

Ferrari seem to content with cutting the roof off of everything these days. The F430 Spider remains the company’s hottest-selling model, with the new California on the way. A roadster version of the 430 Scuderia is anticipated to make its debut at Mugello in November, and now spy shots have surfaced showing what sources suggest is a convertible version of the 599 GTB Fiorano.

Although the test mule in the spy shots has a fixed roof in place, reports note that the roof appears ill-fitting and mismatched in color to the rest of the body. If that’s anything to go by, Ferrari could be planning a successor to the Superamerica version of the Fiorano’s 575 predecessor and the 550 Barchetta that came before that. The former featured an intriguing Fioravanti-designed glass roof mechanism, however the 599 Spider would, in all likelihood, employ a similar folding hard-top to the clever mechanism found on the new California, to the possible inclusion of the Fiorano’s aerodynamic buttresses. Following the revival of the GTB (grand touring berlinetta) designation on the existing 599, the convertible would likely take on the GTS (grand touring spider) nameplate, while installment of Ferrari’s new quick-shifting SuperFast3 dual-clutch transmission could help mitigate the extra weight. Of course this is all pure speculation, so stay tuned.

This may not be the first effort at creating a Ferrari motorcycle, but it may very well be the best. Alfredo “Dino” Ferrari, the departed son of company founder Enzo, was said to have raced specially-prepared motorcycles in the 1950s. In the 1970s, Kay Engineering crafted a racing bike, now said to be worth half a million dollars, with full factory backing to honor Enzo Ferrari. In the ’80s, legendary motorcycle designer Arlen Ness styled a one-off chopper on the Testarossa, while some guy named George crafted a pair of Ferrari-powered superbikes. Last year someone built a custom Scuderia Ferrari chopper for the retiring Michael Schumacher (who has since been trying his hand at motorbike racing), and earlier this year a collector crafted a model of what a Ferrari sportbike could look like. We’re sure some more will be brought to our attention in the comments below, but while some of these creations have been more convincing than others, this one has to be the slickest.

The concept motorbike is the work of Israeli designer Amir Glinik, who centered his design around the theoretical application of the Ferrari Enzo’s V12 engine, chopped down to four cylinders and modified to drive just one wheel in a motorcycle frame. Around the V4 engine, Glinik has designed a fluid shape that may appear more futuristic in its styling than inspired by current roadcar designs, but certainly catches your attention. Glinik has even planned out the theoretical controls, which blend elements from an F-16 fighter jet (more common in his home country than Ferraris, anyway) and the Scuderia’s high-tech Formula One steering wheel, supplemented by a weatherproof touch-screen LCD atop the fuel tank.

Onetime Ferrari designer Frank Stephenson, now at arch-rival McLaren, was quoted as saying that the closest the average person will get to owning a Ferrari would be a Ducati. True as that may be, what you see here may be the most well thought-out and enticing application of the Ferrari ethos to two-wheeled motoring we’ve seen yet. Follow the link for more information, and check out the images in the gallery below for a closer look.

The going rate for vintage Ferraris seems to be at an all time high, as evidenced by the record sale of a 1961 Ferrari 250 GT California Spyder back in May and the incredible selection of million dollar Ferraris at the RM Auction in Monterey this year. All of those are easily topped, however, by the rumored sale of a Ferrari 250 GTO for an incredible $28.5 million. Not much is known about the actual sale, since many of the high-dollar Ferrari transactions are done through private parties and not necessarily through an auction house. However, the knowledgeable members at FerrariChat.com have it on authority that the sale did happen. If anything, it gave us a chance to put together a huge gallery of 250 GTO photos from various concours and vintage racing events.

The lure of the flying car is just too great for Moller International, a company best known for its SkyCar prototype and not actually producing a real flying vehicle for sale despite being around for some 25 years. Its latest tease is adapting the body shell of a Ferrari 599 GTB for use as a flying vehicle. Called the Autovolanter, this 599 GTB that’s freed from the shackles of Earth is capable of vertical take-offs and landings thanks to a hybrid powertrain comprised of rotary engines and electric motors. The vehicle, proposed by a wealthy Russian businessman who’d apparently like to bypass Moscow’s busy traffic with style, has already gone through small-scale testing and Moller seems rather pleased with the results.

Initial goals for the Autovolanter are a 150-mile range on the ground, with 40 of those coming from battery power alone, and 75 miles of airborne flight at high speeds. So the Autovolanter is basically a flying Chevy Volt based on a Ferrari. To make it a reality, the vehicle would need 800 horsepower… no problem, right? Oh yeah, and Moller needs around $5 million for continued development. Word is they’re currently seeking more wealthy Russian businessmen who apparently have no sense.

When rumours of a model as mouthwatering as an open-top version of the Ferrari 430 Scuderia surface, one thing you can guarantee is that the first renderings are not far round the corner. We can now tell you that this corner is now sitting firmly in our rear view mirrors after expert renderer and photoshopper Jon Sibal has put together this small of group of renderings for the world to peer over.

If the rumours are true and the spider variant of the 430 Scuderia does actually make it to production, we could well see it as early November 5^th at the Ferrari Challenge at Mugello. A retractable hardtop roof will feature instead of a lighter convertible fabric which means the super light Scuderia Spider will see 70kg added to its dry weight. Ferrari will counter this performance dropping weight gain by incorporating its brand new 7-speed dual clutch transmission system which will debut in the brand new Ferrari California.

No more than 300 units are expected to be produced come production time.

So far the only video footage we’ve seen of the new Ferrari California has been either computer animated or sitting still with a giant chin talking. But the fellas over at Autocar magazine in the UK made their way down to Maranello with video cameras in tow for an up-close-and-personal with the newest Prancing Stallion. After the jump you’ll find some focus-changing fun angles of the new California, as well as a brief interview with product development director Roberto Corradi, who amusingly informs us that the car was made easier to drive and more softly styled to accommodate female customers. Seriously. Check it out after the jump… it’s good for a laugh.