The F12 Berlinetta can hit 100kph in just 3.1 seconds. Courtesy of Ferrari
The F12 Berlinetta can hit 100kph in just 3.1 seconds. Courtesy of Ferrari

Week in Motoring: Ferrari F12 Berlinetta is its fastest, and efficient



Ferrari has unveiled its fastest ever production car, the F12 Berlinetta, which is to usher in a new generation of V12 Ferraris.

Its engine is the company's most efficient yet, in terms of mechanical, combustion and fluid-dynamics efficiency, and the wheelbase has been shortened from the 599, the car it replaces.

The engine, dashboard and seats have been lowered in the chassis while the use of 12 different kinds of alloys in the spaceframe chassis and bodyshell means it has an overall weight of just 1,525kg - 70kg less than the previous V12-powered 599. The F12 Berlinetta's naturally aspirated 6.2L V12 produces peak torque of 690Nm, 80 per cent of which is available at 2,500rpm. Its power output is 740hp at 8,500rpm and the engine is mated to an F1 dual-clutch transmission.

Fuel consumption has been reduced by 30 per cent from the previous engine with CO2 emissions of just 350g/km but it accelerates to 100kph in just 3.1 seconds and to 200kph in 8.5 seconds, with a maximum speed of more than 340kph.

The car will be officially launched at the Geneva Motor Show.

Rolls presents Phantom II

Rolls-Royce has launched its Phantom Series II at the Geneva Motor Show.

The luxury British marque will showcase the first upgrade to the car that became Top Gear's Car of the Year when it arrived in 2003 as the first model introduced by new parent company BMW.

The car maker aims to continue its strive for perfection, a goal first set out by Sir Henry Royce in the firm's infancy.

The Series II will feature a new front end, with re-styled bumpers and rectangular light apertures and will be the first Rolls to have fully LED headlamps as standard.

Inside is a new satnav system with 3D maps and guided tours operated through a larger 8.8-inch touch display.

The addition of a new eight-speed automatic gearbox and rear differential enhances already exemplary dynamics and the V12 direct injection engine gives 10 per cent better fuel economy than before.

"As a consequence of improvements in design, drivetrain and technology, I am confident that we shall continue to present with pride the very best motor cars in the world for many years to come," says Rolls chief executive Torsten Müller-Ötvös.

Packard plant to be razed

The Packard Motor Car factory, built in 1903 on Detroit's east side and derelict but still standing today, appears to finally be facing the wrecking ball.

BioResource, a medical company that owns the sprawling structure, said it is in the process of hiring demolition experts to finally bring down the the plant, which was closed in 1956 after Packard merged with Studebaker.

Dominic Cristini, the owner of BioResource, claims the demolition should take about three years and cost US$10 million, according to the New York Times. He plans to recoup some of that money by selling off scrap from the property.

However, Cristini has yet to apply for demolition permits from the city of Detroit. Also, Cristini owes about $760,000 in property taxes on the property, while the city still holds a $450,000 lien on it.

The Packard plant still has a few industrial companies using it for space, and in the past it has been a popular haunt for illegal raves, graffiti artists and urban explorers. But Cristini says keeping the plant is a danger and not worth restoring.

"The preservation people want it saved, but we did a cost analysis for rehabbing and it just wouldn't work," he says.

Rare Bentley set to be named most expensive British car ever

A 1929 Bentley will likely become the most expensive British-built car ever.

The 4.5L, which is a supercharged version called Blower, is expected to sell for £5 million (Dh29 million), far more than the current record of £3.5m set in 2007 for a 1904 Rolls-Royce, Britain's Daily Mail reports.

The car was once driven by Bentley Boy Sir Henry Birkin at 220kph, setting a lap record at Brooklands Outer Circuit in 1931.

The Blower version of the 4.5L model had a supercharged engine that produced 240hp and only about 55 of them were ever built.

The Bentley Boys were wealthy racers in the 1920s but Birkin died in 1933 after a burn wound acquired at a race in Libya turned septic and he contracted malaria.

The car was then owned by George Daniels until his death last year and it is his collection, containing the Blower, that will be auctioned at Goodwood Festival of Speed on June 29.

Fisker steps aside and appoints former Chrysler chief as boss

The former Chrysler chief executive and current Fisker vice chairman has been named the new chief executive of Fisker Automotive Group.

Tom LaSorda takes over the California-based plug-in hybrid car firm from Henrik Fisker.

Fisker, who co-founded the company in 2007 after making his name by designing cars at Aston Martin and BMW, will focus on building the brand internationally as well as the design of future models of Fisker.

LaSorda has also been an executive at General Motors in a 23-year career.

Meanwhile, the company's Surf Shooting Brake concept, will make its production form debut at the Paris Motor Show in September.

The five-door sports wagon is based on the basic design and powertrain of Fisker's stunning Karma and will be powered by a lithium ion battery in the middle of the car along with a 2.0L petrol engine.

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
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COMPANY%20PROFILE
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Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
One in nine do not have enough to eat

Created in 1961, the World Food Programme is pledged to fight hunger worldwide as well as providing emergency food assistance in a crisis.

One of the organisation’s goals is the Zero Hunger Pledge, adopted by the international community in 2015 as one of the 17 Sustainable Goals for Sustainable Development, to end world hunger by 2030.

The WFP, a branch of the United Nations, is funded by voluntary donations from governments, businesses and private donations.

Almost two thirds of its operations currently take place in conflict zones, where it is calculated that people are more than three times likely to suffer from malnutrition than in peaceful countries.

It is currently estimated that one in nine people globally do not have enough to eat.

On any one day, the WFP estimates that it has 5,000 lorries, 20 ships and 70 aircraft on the move.

Outside emergencies, the WFP provides school meals to up to 25 million children in 63 countries, while working with communities to improve nutrition. Where possible, it buys supplies from developing countries to cut down transport cost and boost local economies.

 

INDIA%20SQUAD
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Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Sheer grandeur

The Owo building is 14 storeys high, seven of which are below ground, with the 30,000 square feet of amenities located subterranean, including a 16-seat private cinema, seven lounges, a gym, games room, treatment suites and bicycle storage.

A clear distinction between the residences and the Raffles hotel with the amenities operated separately.

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000