Lamborghini and Ferrari among cars in Kerry for lucrative Cannonball run

Monday, 8 August 2022, 15:57:24
Killarney could benefit to the tune of €850,000 after being confirmed as one of the overnight venues for the 2022 Cannonball Run.
— Independent Ireland

The wealthy are splurging on Ferraris, Gucci handbags, and expensive Champagne, while McDonald’s customers can’t afford combo meals

Saturday, 6 August 2022, 13:30:00
Rich people are more insulated from inflation, which means they”re still shopping for luxury goods. Luxury companies like LVMH, Kering, Ferrari, and Hermès are reaping the benefits. Still, some worry that the Ukraine war, China lockdowns, or recession could hurt their bottom line. As inflation continues to squeeze consumers across income brackets, rich people aren”t feeling the same pinch — which means the brands they shop for aren”t either. The world”s two largest luxury conglomerates, Kering and LVMH Moët Hennessy Louis Vuitton, reported strong earnings last week, with both companies seeing revenue increases over 20% in the first half of the year compared with 2021. They”re not the only companies in the luxury sector doing well right now: It seems like everyone from high-end automakers to coveted handbag designers is seeing strong demand. This means that the wealthiest consumers across the globe haven”t slowed their spending , even as many Americans are opting for cheaper options at McDonald”s or stressing about how they”ll pay their bills .
— Business Insider Nederlands

Ferrari Recalls 24,000 Cars for Potential Brake Failure – CNET

Friday, 5 August 2022, 15:54:00
Vehicles from as far back as 2005 are included in this recall.
— CNET

Sebastian Vettel “annoyed” Ferrari staff before relationship with team “fizzled out”

Thursday, 4 August 2022, 23:28:10
Vettel left Red Bull after winning four world championships, but could not replicate that success with Ferrari before his time with the Italian team ended on a sour note
— Irish Mirror

F1: Mercedes ”convinced” Red Bull and Ferrari will suffer with new rule

Thursday, 4 August 2022, 08:51:30
Mercedes are confident that Red Bull and Ferrari will be affected when the new technical directive comes into effect at the Belgian GP.
— IBTimes UK