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Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

Possible Ferrari F70 tester spotted

The above photos of what very well might be a development mule for the next primo Ferrari —likely to be called the F70—were recently posted on the Ferrari 4/5 Competizone Facebook page. The future F70 is expected to be a front-runner in the competition between the very best cost-no-object supercars. The F70 will feature a 7.3-liter V12 coupled to a kinetic-energy-recovery system, a combination that will be good for 920 hp.

Porsche 911 GT3 R Hybrid race car revealed

Porsche will bring its latest hybrid know-how to the racetrack in the form of the new 911 GT3 R Hybrid, revealed here for the first time prior to a planned public premiere at the Geneva auto show in early March. Developed by a team of engineers at Porsche's Weissach R&D center, Porsche plans for the stripped-out race car to act as a rolling laboratory. The German carmaker wants to explore the potential of hybrid drivetrains in a racing environment before an expected announcement that it will return to the 24 Hours of Le Mans in a factory capacity, perhaps in 2012, with a race car boasting technology based on that used in the 911 GT3 R Hybrid.