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Ferrari president and CEO Luca di Montezemolo and Sergio Pininfarina picked four concepts to win Ferrari's New Concepts of the Myth design competition β€” dashing the hopes of our in-house design team and its "coffee cup riding on a chassis of pencils and Scotch tape rolls." The winning designers, students at three major design colleges, get internships at either Ferrari or Pininfarina. The chosen concepts are (clockwise from top left): Fiorano (Coventry University School of Art & Design, UK); Ascari (Istituto Europeo di Design, Turin); Millechili (Istituto Europeo di Design, Turin); Tre Diviso (Tokyo Communication Arts). [Thanks to CJ for the tip.]

Students impress Ferrari judges [BBC]

Design Students Rock the Ferrari Concepts [internal]