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Posted AT 9:00 AM EST on 07/09/08

Private clubs put rich drivers on fast track

MICHAEL HILL

The Associated Press

MONTICELLO, N.Y. — Bill McMichael braked his new Ferrari F430 Scuderia into the turn, downshifting as he went into the corner. Then he punched it on the straightaway. Pedal down, engine whining an octave higher, the sleek, black car closed in on 140 mph within seconds. Acting like a lead-foot is OK here at the Monticello Motor Club. Actually, speeding is pretty much the reason the exclusive club opened this summer in the Catskills.

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