Ferrari is an Italian automotive manufacturer in the Formula One World Championship, also involved in high-end and high-performance racing cars, supercars, and sports cars. The company was founded by Enzo Ferrari in 1929. At first, Scuderia Ferrari sponsored drivers and manufactured racing cars; the company went into independent car production in 1946, eventually became Ferrari S.p.A., and is now controlled by the Fiat group. The company is based in Maranello, near Modena, Italy. In 2006, the premium performance brand sold over 1,400 cars in the United States under a strategy to produce one less car than total orders placed.
The Ferrari California is a grand touring sports car that will be launched by Ferrari at the 2008 Paris Motor Show. It is a two door 2+2 hard top convertible. The California will be powered by front-mid mounted 4.3 L (260 cu in) V8 sending a reported 460 PS (450 bhp) to the rear wheels.[1] The car revives the "California" name. It also has a similar design to the Ferrari 599 GTB Fiorano
The California will represent a number of firsts for Ferrari. It will be the

>> first front engined Ferrari with a V8,
>> the first to feature a 7-speed dual clutch transmission,
>> the first with a folding metal roof,
>> the first with multi-link rear suspension and
>> the first with direct petrol injection.
It represents a new, fourth model range for the company.[2]
Read more: Ferrari California - Wikicars
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