The 458 Italia sells for a little over $250,000 so this recall is even more shameful than the rash of problems Toyota has faced with its $20,000 - $30,000 cars.

At issue is apparently the adhesive used in some of the Ferrari's components. It can overheat and melt, which leads to the possibility of an explosion or fire. China, France, and Switzerland, as well as a case in California in the United States, have all reported Ferrari fires.

The problem affects all 458 Italia cars sold before July 2010. Owners are asked to take the car to their nearest Ferrari dealer to have the adhesive replaced with mechanical fasteners.