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Ferrari P80/C one-off built for 330 P3/P4, 1966 Dino 206 S fanatic

For more than four long years, one person has kept a major secret with Ferrari. The company and the client were working on a project that Ferrari calls its "most extreme one-off design ever." Inspired by the 330 P3/P4 and the 1966 Dino 206 S, the P80/C is a new-age take on a track-focused sports prototype. Typically for these types of specialty builds, Ferrari does as they've done in the past and reshapes a new exterior over an existing car from the for-sale lineup. But because it is a track car, Ferrari used the 488 GT3 as a starting point, and made "radical changes" to the equipment from there. It not only has a slightly longer (about two inches) wheelbase than the 488 GTB, but it also has a cab-forward design rather than the 488 GTB's centrally located cabin. Ferrari says this allowed for more creative freedom and played a major part in how the design took shape. Flavio Manzoni and the Ferrari Styling Center set out to make what they described as a "Hero Car." The client's direction was to make a "modern sports prototype" with design cues from the 330 P3/P4 and the 1966 Dino 206 S. These two cars carry significance in Ferrari's design history, as they impressed on the track but also influenced future road cars such as the Dino 206/246 GT. With heavy involvement from the client during the process, Ferrari has been working on this car since 2015, the longest the company has ever spent on developing a one-off. Starting from the ground up, aerodynamics played a major part in the appearance of the P80/C. A gigantic front splitter, which is specific to this car, snuggles the ground and extends beyond the dimensions of the body. Visually, it carries on along the flanks with aero skirts, and circles around the rear with a bulky exaggerated diffuser. The lower kit is left in exposed carbon fiber, creating a two-piece look that's separate from the Rosso Vero body paint. Ferrari says only pieces that were strictly functional were highlighted with bare carbon and that the car has a five percent aerodynamic improvement over the 488 GT3. For the designers, the P80/C was a safe space of opportunity and experimentation. It is a track car that does not fall under racing regulations, but it's also a customer production car that is not forced into road-ready restrictions.

Ferrari and FCA are officially separated

It's been a long time in the making, but it's officially happened: Ferrari is no longer part of Fiat Chrysler Automobiles. Following the Italian automaker's initial public offering, it has officially split off from its former parent company. As part of the spin-off, FCA's stakeholders will each receive one common share in Ferrari for every ten they hold in Fiat Chrysler. Special voting shares will be distributed in the same proportions to certain shareholders as well. Those shares being distributed will account for 80 percent of the company's ownership. Another ten percent was floated as part of the company's IPO, while the remaining 10 percent is held by Enzo's son Piero Ferrari (pictured above at center), who serves as vice chairman of the company. The shares will continue to be traded under the ticker symbol RACE on the New York Stock Exchange, and will begin trading this week as well under the same symbol on the Mercato Telematico Azionario, part of the Borsa Italiana in Milan. Since the extended Agnelli family headed by chairman John Elkann (above, right) holds the largest stake in FCA, expect it to continue controlling the largest portion of Ferrari shares as well. Between them, nearly half of the shares in the supercar manufacturer – and we suspect a little more than half of the voting rights – will be controlled by the Agnelli and Ferrari families, who are expected to cooperate to ensure the remaining shareholders don't attempt a takeover of the company. Similar to its former parent company, which operates out of Turin and Detroit, the Ferrari NV holding company is nominally incorporated in the Netherlands, but the automaker will continue to base its operations in Maranello, Italy. That's where it's always been headquartered, on the outskirts of Modena. For the time being, Sergio Marchionne (above, left) remains both chairman of Ferrari and chief executive of FCA – a position to which he is not unaccustomed, having previously headed both Fiat and Chrysler before the two officially merged. Related Video: Separation of Ferrari from FCA Completed LONDON, January 3, 2016 /PRNewswire/ -- Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) and Ferrari N.V. ("Ferrari") (NYSE/MTA: RACE) announced today that the separation of the Ferrari business from the FCA group was completed on January 3, 2016. FCA shareholders are entitled to receive one common share of Ferrari for every 10 FCA common shares held.

UK collector pays $800k for license plate '25 O'

You can't get a vanity license plate in the UK, but Brits have proven their willingness time and time again to part with huge amounts of cash in order to get a particularly desirable number to put on the front and back of their high-priced machinery. This time, a Ferrari collector paid over $800,000 for the license plate "25 O." The princely sum of GBP518,000 – equivalent to over $814k at today's rates – was paid by John Collins, owner of classic car broker Talacrest. Collins reportedly intends to put it on his Ferrari 250 GT SWB. What's more is that he had just paid another GBP130,320 ($205k) for the license plate "250 L" that he plans to put on his 1964 Ferrari 250 GT Lusso, the long-wheelbase touring version of the same vehicle. The winning bids were placed at an auction held by the UK's Driver and Vehicle Licensing Agency – the 150th such auction held by the government office, marking its 25th anniversary. The "25 O" plate broke the event's previous record of GBP357,000 ($560k), paid in March 2009 for plate number "1 D." In 2008 noted tuner Afzal Kahn bought the license plate "F1" for GBP440,000, which is less than what Collins paid for "25 O" but different exchange rates worked that out to $870k at the time. Kahn was said to have turned down a $9 million offer for that plate last year. DVLA PERSONALISED REGISTRATIONS SETS A NEW BRITISH RECORD AS 25 O SELLS FOR GBP500,000 DVLA Personalised Registrations has set a new British record for a personalised registration sold by the Agency after 25 O was bought for more than GBP500,000. Incredibly, John Collins, who, as owner of Talacrest, is regarded as one of the world's leading collectors and dealers of classic Ferraris, bought 25 O for GBP518,000 less than three hours after successfully buying 250 L for a staggering GBP130,320. Both sums include fees and take the total amount paid by the businessman to GBP648,320. Both are among the 1,600 registrations being auctioned by the Agency as part of its 25th Anniversary three-day auction – and also 150th live sale – currently being held at The Vale Resort near Cardiff. Both registrations will be placed on two of the world's most exclusive cars; 250 L will head onto a rare 1964 Ferrari Lusso, while 25 O will sit on the Ferrari 250 SWB once owned by the rock singer Eric Clapton.