Ferrari Predicts Record Profits in 2012

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predicts that it will have record profits for 2012 and beat 2011's sales record.

Ferrari sales in the first six months of the year are up 7% to 3,664 cars compared to the same period last year. Its V12s are proving especially popular; sales are up 66%. Ferrari sold 7,195 cars in 2011. 

"From the latest data I've seen, we are on track to make this year another record year.

"The new F1 engine is a considerable burden for a company as small as Ferrari," said Ferrari Chairman Luca di Montezemolo.

Formula 1 will transition to 1.6-liter turbocharged V6 engines in 2014, and Ferrari is one of the three confirmed engine suppliers. 

Source: Automotive News Europe