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Ferrari S.p.A. is an Italian luxury sports car manufacturer based in Maranello. Founded by Enzo Ferrari in 1929, as Scuderia Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles as Ferrari S.p.A. in 1947. Fiat acquired 50 percent of Ferrari in 1969 and expanded its stake to 85 percent in 2008, which it still holds.
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  • (China Daily)2017-03-30 07:32

    Vietnam 9 missing after cargo ship sinks A cargo ship sank off the coast of Vung Tau city in Ba Ria-Vung Tau province on Tuesday, leaving nine crewmen missing, according to provincial authorities on Wednesday. The 3,000-ton ship, named Hai Thanh 26, sank after colliding with another vessel about 44 ...

  • (China Daily)2017-03-28 06:59

    MELBOURNE - Lewis Hamilton's Mercedes vowed to come back hard in China after being ambushed by resurgent Ferrari in Formula One's season-opener in Australia on Sunday. The German team, which has ruled F1 for the past three years, got a rude awakening as Ferrari's Sebastian Vettel beat second-place H...

  • By Zhong Nan In Shanghai(China Daily)2017-03-16 07:41

    Cargill Inc, the US-based agricultural and industrial conglomerate, partnering with Heifer International, has launched a program aimed at improving the lives of more than 450 smallholder farmers in Qingshen county in Southwest China's Sichuan province. Cargill donated 1.72 million yuan ($250,000) to...

  • By Li Fusheng(China Daily)2017-03-13 08:41

    Techrule's first production-ready racecar, Ren, debuts at the ongoing Geneva International Motor show after a concept car was revealed last year at the same event. [Photo/China Daily]A business plan Tesla founder Elon Musk wrote 11 years ago goes like this: create a low volume car, which would neces...

  • (chinadaily.com.cn)2017-03-08 13:50

    An Aventador S, Automobili Lamborghini's luxury automobile, is on display at the 87th Geneva International Motor Show in Switzerland, on Mar 7, 2017. [Photo/VCG]Hailed as one of the most important international auto shows in the world, the Geneva International Motor Show will open to the public on T...

  • (China Daily)2017-02-22 07:52

    LONDON - Red Bull is hoping Renault's revamped engine will give it the power to challenge champion Mercedes in a new-look Formula One championship this season. "It's a brand new engine this year, a change of philosophy," team principal Christian Horner said on Monday. "Renault had a big winter. We...

  • By Yang Feiyue(China Daily)2017-02-13 07:48

    China's leading travel agency ranks last year's overseas destinations for affluent families. Yang Feiyue reports. Now we know where China's rich go. Travel agency Ctrip's high-end brand, HHtravel, recently released its list of 2016's top winter destinations for high-end families. Most travel for the...

  • By Xinhua In Sydney(China Daily)2017-02-08 07:30

    A Melbourne man has become an instant multi-millionaire after accidentally winning a lottery twice. The man, who chose to remain anonymous, from Point Cook in Melbourne's west, accidentally entered Saturday night's Tattslotto draw twice with the same numbers. When the numbers were drawn, he won tw...

  • By Reuters In London(China Daily)2017-01-06 06:55

    Formula One heads into 2017 braced for change on and off the track. Lewis Hamilton will again start as top dog at Mercedes and firm favorite to take his fourth world title, but after winning 19 of 21 races in 2016, starting all but one on pole and retaining both titles for the third year in a row, t...

  • By Zhong Nan(China Daily)2017-01-05 08:16

    Children play shooting games at a tourism site in Huaibei, Anhui province. [Photo provided to China Daily]Recently, while on holiday in Phnom Penh, Cambodia, I was asked if I was interested in firing a Russian-made rocket-propelled grenade for $500 at a local shooting range.Even though the price for...

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