Looks pretty good!
The modeling is pretty solid. The texturing could use some work. The Ferrari paint looks like plastic, so in the other images it looks like someone took a lighter to their toy Ferrari.
With all the melted/burned areas and such.
The paint texture you are using seems pretty good, but you need to get rid of those orange highlights.
Plus a few more photons in your scene wouldn't hurt.
Over all, really nice work!
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