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Despite a financial crises, Ferrari expects record 2008 sales and after its Ferrari California debut at the 2008 Paris Motor Show today, the automaker stated it sold out of the convertible until 2011. Ferrari has sold the entire 2009 and 2010 production of the $246,724 hard-top California.

According to Ferrari’s boss Luca Cordero di Montezemolo, 60 percent of buyers who have ordered the car have never bought a Ferrari. Montezemolo said that Ferrari will not be increasing production to meet demand and will continue with the 2,800 units planned for 2009 and the 3,000 planned for 2010.

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