click above image for a few more pics of Molinari's Ferrari boat
So the prancing horse is having a little trouble on the track, but its engines aren't having any problems at all on the water. Speedboat designer Eugenio Molinari, using a production engine from an F430, broke the running kilometer world records in two categories on Lake Como, Italy. At 1,100 kg, he ran the kilo at 123.3 km/h, and at 1,450 kg, he did 122 km/h. The feats were dedicated by Molinari to Luca di Montezemolo, Ferrari CEO, and the marque during its 60th anniversary year. A bit of trivia: 35 years ago, Molinari designed the first boat to house a Lamborghini engine taken from an Espada.
[Source: Motor Authority]