NEWS:

A shiny new black Ferrari now sits in the garage at Pacquiao s La Palazzo apartment in Los Angeles, California. Pacquiao has been spotted driving his new car around town after he purchased the 458 Italia. With a 570 horsepower V8 engine under the hood, Pacquiao s Ferrari can speed off within a matter of seconds, mabilis masyado, first time ko sa Ferrari, the boxer admitted. Before spotting the Ferrari, Pacquiao was being offered a Mercedes Gullwing for $210,000. Pacquiao seems to have taken a liking to the faster Ferrari, taking it for a price tag of $225,000. Asked about the splurge, Pacquiao brushes it off as simply a gift to himself, regalo ko sa sarili ko, he said. The Ferrari now holds a special place as the crown jewel of the pound- for-pound king s car collection which includes a Porsche, a Mercedes, an armored Escalade, a Lincoln Navigator, and several SUVs.