Oil overfill

Drain some oil or suck it out the top. Check oil level at idle and be sure it's between min amd max, better to edge on side of low.

The blue smoke is a result of vapors getting sucked in due to over fill. Easy to resolve, just get the excess oil out

 

Fig 5m page F7 has nothing to do with oil, is a suspension warning light. It will come on if you start the engine several time and don't move the car. If you driver the car and it stays on it indicated a problem with the active suspension. Most likely with one of the gears on the shock adjustment mechanism.

As for the smoke, it may take a while for it all to burn off.

 

I did not see you stated you removed the oil - sorry about that. John is right regarding the suspension light.

 

Perhaps there is still a lot of oil in the crankcase ventilation system and it needs some time to clear out. Also, your exhaust system, and the cats, are probably still well coated internally with oil. Oil soak of the catalytic converters might have permanently damaged them.

 

What else can you do now? Take it for a decent highway run (Italian tune-up) and see if it clears.

I would research how the heck the oil is making it to the cylinders to be burned up. I have some idea, but not certain enough to start tearing things apart.

EDIT: How many miles did you drive the car with the "overfill" condition?

 

This is what I would do.

 

Your plugs may foul due to this. I'd suggest changing (or at least inspecting) them soon.

 

I guess ferrari went thru the trouble of imprinting right on the dipstick " check hot " for a reason now didnt they .


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Roth,

I see you are in Torrance. VVassallo and I are in Palos verdes. Plugzit is in Redondo Beach. SoCal1 is in Signal Hill. We are the Stooge crew. You need to hook up with us. If you want me to take a look today text me. Check your PM.

 

So Roth you are one lucky bastard. You're right in the area of some very helpful guys with an unserpassed knowlage of these cars. You're in good hands and I'm jealous.

 

Grrrrrr No S**t. I am all alone over here. Man, I would love to have that kind of network here to drink beer with and tell lies to.

I used to live in Cerritos waaaaay back when. Time to move back! Oh wait, it's CA. Never mind

 

Try being where I am...southern, southern europe

 

Brian- Yup, but the trout fishing is lousy where they live.

 

Update: Met Roth today. Great guy. And his 355 is just fine. Smoking mostly gone. Always good to meet those who share the same sickness.

 

Like to help but not sure which warning light your referring too.

Once you take the oil out so its at the correct level no further damage should result.

If you do a search you can find some answers as well.

 

Glad you got it sorted