If you believe what you see on the internet, it sounds like Ferrari will sue you or threaten to sue you for doing anything to your Ferrari. You can’t modify it, wrap it, sell it, whatever. And as it turns out, shocker, the internet is lying. You can do whatever you want to your property. Ferrari can’t stop you. What they can do is protect their trademark, especially if you try to make money by using their trademark or likeness of their trademark.