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Ferrari to be spun off from Fiat Chrysler

The recently merged Fiat Chrysler Automobiles empire has ambitious plans for growth, and it's going to need some big bucks in its coffers in order to enact them. Part of that cash injection is coming from the floating of its IPO on the New York Stock Exchange, but now FCA has announced a further capital campaign to be based on the enormous asset that is Ferrari.
FCA's board of directors has just approved the separation of Ferrari from the rest of the group as a separate entity. Once that separation is complete, Ferrari will put 10 percent of its shares on the stock market "in the United States and possibly a European exchange" as well.
This isn't the first time that the idea of a Ferrari IPO has been raised. Sergio Marchionne, chief executive of Chrysler, Fiat and Ferrari (pictured above), first raised the idea four years ago. Former Ferrari chairman Luca di Montezemolo nixed the idea, but now that he's been discharged, it appears there's nothing to get in the way of Marchionne's desires.

EVO dubs Ferrari 458 Speciale its Car of the Year

While some publications are concerned with finding the best car or truck for the average buyer and slapping a ribbon on it, or (in our case) identifying the best new automotive technology of the year, across the pond our compatriots at Evo are more single-minded in their approach. Every year, the British car mag awards its Car of the Year to its top new performance automobile on the market. And this year, they've picked the Ferrari 458 Speciale. The stripped-out supercar from Maranello beat out some heady competition. Second place went to the Jaguar F-Type R, followed by the Porsche Cayman GTS, VW Golf R, Renaultsport Megane 275 Trophy-R, BMW i8, McLaren 650S Spider, Aston Martin Vanquish, BMW M3 and, last but not least, the Audi S1. It was only the second time a Ferrari won the eCOTY award, after the 599 GTB Fiorano took top honors in 2006. Precedent suggests the magazine typically hands the award to a version of the Porsche 911 – like the GT3 that won last year, preceded by other Elfens in 2011, 2010, 2007, 2004, 2003, 2000, 1999 and 1998 (when the award was inaugurated). Why is the latest 458 derivative so... Speciale? Watch this video to find out.

All four Ferrari hypercars hit Fiorano at once

Some supercar fanatics would give anything for a chance to drive a Ferrari, much less one of its flagship hypercars. But this one lucky devil got to drive all four of 'em. At Fiorano. Of course this isn't just any old lucky devil. He's Dario Benuzzi, who's been Ferrari's chief test driver since 1969. That means he probably knows the company's private Fiorano test track better than anyone, and he has one of the best jobs in the world. But even this had to be a treat for Benuzzi, driving the F40, F50, Enzo, and LaFerrari back to back around the circuit. (All they need now is a 288 GTO to round out the action, like one owner did when he drove down to Italy with his best buddies in a convoy of scarlet hypercars, pictured in the gallery below.) Watch the video above to see it all go down and to hear some of Benuzzi's impressions on the progress of the flagship Ferrari. Related Gallery LaFerrari family portrait News Source: Ferrari via YouTube Ferrari Supercars Videos ferrari laferrari fiorano ferrari f40