What recession? Ferrari just confirmed that the Ferrari California is officially sold out through 2010. The 179,000 Euro supercoupe/cab is scheduled to be produced in batches of about 2,000 per year and has been a runaway success for the Maranello manufacturer. Company President Luca di Montezemolo was recently quoted as saying, "In 2008 there was the success of the Scuderia. 2009 will be characterized by the California. It has been an incredible success. We have already sold all of the 2008 and 2009 production. You have to now wait until 2011 for one."

Rather than act as a replacement for anything in the current lineup, the California was intended to be an eight-cylinder car that would compliment the F430 and be a vehicle with a lot of flexibility according to Ferrari. While some say it isn't the most beautiful Ferrari they've ever seen, the performance should be pretty spectacular for those lucky souls with a signed contract already in hand. The new direct-injection, 460-hp 4.3L V8 should be more than adequate for propelling this prancing pony down the road with gusto. We'll keep our fingers crossed that someone listening will loan us one for a short stay in the garage so we can confirm our suspicions.

[Source: la Repubblica via Eurocar Blog]

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