ItaliaspeedPhotoStream: In the hands of Jaime Melo, Raphael Matos and Guy Cosmo, the new Ferrari 458 Italia Grand Am completed 174 trouble-free laps at competitive speeds over the two-day test at the Daytona International Speedway

Ferrari has recorded strong financial results for the first half of the year with two indicators reaching record levels: revenues of 1,080 million euros (+19 percent) and 3,577 cars delivered, an increase of 11.8 percent over the first half of 2010

ItaliaspeedTV: Stateside Fiat and Lancia owners' gathered last weekend at the full-scale Athens Parthenon replica in Nashville, Tennessee, for the Concours Car Show, the highlight of the 28th annual Fiat Freak Out event

Magneti Marelli Brazil has inaugurated a new production line with a 10 million euro investment in its Hortolândia plant, in the São Paulo’s countryside, in order to double the annual production capacity of its Pico Eco injectors

With Chrysler's revenues being incorporated into Fiat's results for the first time the Italian carmaker has reported a 1.24 billion profit during the second quarter of the year compared to a loss of 17 million during the same period last year

ItaliaspeedTV: Cedric Sbirrazzuoli and Gaetano Ardagna came out on top in the double header that made up round five of the Trofeo Maserati GranTurismo MC as last weekend the Trident one-make action took place at Donington Park

ItaliaspeedTV: Under the Pentastar - This week's edition includes a new iPad app for the Fiat 500, a first look at last weekend's Fiat Freakout meeting in Nashville, a new ad campaign for the Jeep brand and an award for Ram

ItaliaspeedTV: Keeping the 4C Concept in the spotlight and building up momentum, Alfa Romeo has released a new video that takes a look at some of the potential features that this sports coupé could enjoy if it reaches production

The story of the 'fake' Maserati Birdcage Tipo 60/61 #2459 which was all set to headline Mecum's Pebble Beach Auction has exploded as the auction house has been forced to backpedal somewhat in the face of mounting pressure from historians

For the second consecutive race, Scuderia Ferrari comes away from the weekend with the biggest points haul: it picked up 35 in England and 28 yesterday at the Nürburgring, courtesy of a second place for Fernando Alonso and a fifth for Felipe Massa

Fiat's North American relaunch might have been somewhat shambolic so far, however its Manhattan 'gallery' initiative has won an award from at key trade publication: it was named the Best Pop-up/Brand Pavilion by Event Design Magazine

Neither Jaime Alguersuari nor Sebastien Buemi could haul the Toro Rosso STR6 near the top ten at the Nürburgring, ending its summer points scoring streak and costing the Italian team its seventh place standing in the constructors' championship

ItaliaspeedTV: The annual Fiat Freak Out weekend in Tennessee which this year is being sponsored by Fiat North America kicked off with a visit to the Lane Motor Museum where enthusiasts were able to enjoy a number of Fiat exhibits

South Africa has witnessed the largest annual gathering of Ferraris when approximately 80 of the Italian sports cars screamed onto the Kyalami race track in Midrand; the event was hosted by the Southern Equitorial Ferrari Automobili Club

ItaliaspeedPhotoStream: Southern Equitorial Ferrari Automobili Club members cars at Kyalami included the F40, 458 Italia, Scuderia Spider 16M and California as well as classics such as the 308, 550 Barchetta and 365GTB/4 Daytona

Saturday afternoon's qualifying session for the German Grand Prix saw Fernando Alonso claim a spot on the outside of row two of the grid in fourth place with Felipe Massa taking the other Ferrari 150º Italia to the inside of row three in fifth

Fiat has edged its ownership of Chrysler Group another notch higher after acquiring the 1.5 percent stake held by Canada, at a cost of US$125 million, as well as the 6 percent belonging to the United States Treasury, for US$500 million

Lamborghini has opened a new dealership in Macau expanding the sports car marker's network to 15 dealerships in mainland China while it has also just celebrated ten years in Singapore with a party organised by its local dealer

Fiat Mio, an innovative project to development a concept car based on an open web platform, has won another award, this time from the International Design Excellence Awards (IDEA), one of the most prestigious prizes in design worldwide

Fernando Alonso ended the opening day in Germany second fastest behind Red Bull Racing’s Mark Webber, these two drivers the only ones to dip below the 1m 32s mark on their best lap; the Spaniard completed a total of 68 laps

Gooding & Company has announced that the 1957 Ferrari 250 Testa Rossa Prototype will be presented at auction for the first time in history at the Pebble Beach Auctions next month where this car is poised to break world records

After making its track debut at home at Fiorano last Monday the new Ferrari 458 Italia Grand Am will be back in action next week for a test session at the Daytona International Speedway as its development programme steps up a gear

The 2011 edition of the Podio Ferrari awards ceremony has been held in Maranello; the traditional event Ferrari dedicates to its suppliers and strategic partners, awarding those who particularly stood out over the last 12 months

Students from Seoul’s Hongik University have won the Ferrari World Design Contest after being chosen ahead of the second-placed IED of Turin in Italy in the final with London’s Royal College of Arts finishing in third position

ItaliaspeedPhotoStream: The Ferrari World Design Contest brief was for a thoroughbred hypercar brimming with new generation technologies and materials, an extreme (“hyper”) car not only in its architecture but also in every other aspect (II)