Did you hear about the mind-boggling crash of 8 Ferraris, a Lamborgini and 3 Mercedes sports cars on a highway in Japan? News agencies from around the world are covering the car tsunami, which had us wondering whether it is that commonplace in Japan for so many expensive sports cars to be in one place at once. (Are they that rich?) Turns out it was an excursion of luxury automobile enthusiasts speeding at 85 to 100 miles per hour. Go here to see a video of the pileup.. Here’s your weekly round-up…  

• The new Pirelli calendar is out, but good luck getting your hands on it.
• Hedge fund billionaire John Paulson will be writing a personal check to the 92nd Street Y for several million dollars.
• There’s going to be a new art commerce website in town: Art.sy. Founded by Carter Cleveland, Wendi Murdoch and Dasha Zhukova, the site was celebrated at Soho Beach House Miami.
• Kelly Killoren Bensimon is on the cover of this month’s Avenue magazine with a super steamy photo shoot inside.
• SATC authoress Candace Bushnell is getting divorced from her dancer husband Charles Askegard.
• Jill Fairchild is now a contributing style editor at What2WearWhere.
• Twitter Item of the Week: Bravo’s Andy Cohen wants to host the next GOP debate.
• Happy birthday TOMORROW to Dusty Pearsall! THIS FRIDAY is Chappy Morris‘ big day, and wish a happy birthday to Holidae Hayes on Saturday. NEXT WEEK: Monday is Peter Davis‘ birthday.
• Upcoming event highlights: TONIGHT: Don’t miss the 16th Annual ACRIA Holiday Dinner hosted by Donna Karan. TOMORROW night is Glamourpuss Girls Night Out hosted by Gigi Mortimer and Courtney Moss. FRIDAY is the always wintry glamourous New York Botanical Garden’s Winter Wonderland Ball. NEXT WEEK: Monday is the Dubin Breast Cancer Inaugural Benefit and the Charity Water Ball. And Tuesday is Life & Style Magazine’s Holiday Party hosted by Countess Luann de Lesseps. See our events page for details on these and other events.