Rumors that Formula 1 Ferrari boss, Jean Todt, is looking to retire has been deeply exaggerated. Maybe its because he knows that he is so goos at it or maybe its because he’s afraid togive up his spot. “I am not at all prepared to retire,” the 61-year-old Frenchman told reporters after Sunday’s Turkish Grand Prix rewarded him with a Ferrari one-two.

Former champions Ferrari are now just 11 points behind McLaren in the constructors’ standings with five races remaining. “I feel still very motivated, with the same anxiousness before every race. The same happiness when we are successful. The same unhappiness when we are not successful,” said Todt.

The folks over at World Car Fans posted a photo (see left) of what they speculate is a spy photo of a Ferrari Dino 599 test mule. The claim is based on the fact that it’s clearly a 599 body and the obvius lack of engine ”sound” which doesn’t sound as sharp as an F430. Rumor is this Dino will be powered by V8 engine that produces 400 horsepower. Ferrari will most likely start with a Coupe, but expect a Spider later on. Even though Ferrari is still denying the project, expect to see it on the roads by 2009.

The 1963 Ferrari 250 GT Berlinetta Lusso, which was once owned by Steve McQueen, is now being sold to the public at Christie’s International Motor Cars 2007 flagship auction that takes place on Thursday, August 16 at the Monterey Jet Center in California.

“We are thrilled to be offering this seductive car,” says Christopher Sanger, Vice President and Head of Christie’s Car Sales in the Americas. “Owned by a man who made the automobile and hard driving an essential component of cool in the 60s and 70s, this Lusso offers a truly unique opportunity for the collector. This was his personal run around, not a film one-off extra, but a car used for the grocery run, as well as trips to the racetrack.”