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Why newly independent Ferrari may be forced into fuel-efficient cars
Tue, 04 Nov 2014The repercussions from Ferrari's pending transition into an independent automaker won't be understood for some time, but one of the biggest consequences could be that the iconic Italian marque will be forced into building more fuel-efficient vehicles.
As Wired points out, while Ferrari built fewer than 7,000 cars in 2013, its status as a public company could trigger pressure from shareholders to build more six-figure supercars and grand tourers. In turn, doing so could lead the company afoul of US Corporate Average Fuel Economy standards, which dictate that any company that sells over 10,000 vehicles needs to maintain a certain fuel economy average across its fleet or risk fines.
With arguably its most popular model, the 458 Italia, hitting just 17 miles per gallon on the highway and its most efficient model, the turbocharged California T, stuck at 18 mpg, Ferrari isn't in a great place to hit the government's mandates (which are somewhat convoluted as Wired explains). The gist of the situation is that Ferrari will either need to continue limiting the number of vehicles it sells each year - a move that's certain to upset shareholders and irk its boss, Sergio Marchionne - or radically improve the fuel economy of its cars at the risk of performance. Rock, meet hard place.
Sergio Marchionne wants Alfa Romeo back in F1
Mon, Feb 15 2016It's been decades since Alfa Romeo has competed in Formula One. But if Sergio Marchionne gets his way, it could make a comeback soon. Now we know what you might be thinking: Alfa Romeo and Ferrari are both part of the same Fiat Chrysler Automobiles group, so why would Marchionne want two brands competing against each other in such a costly racing series? Because technically speaking, Ferrari is no longer part of FCA, that's why. They share mostly the same owners and are run by the same person (Marchionne), but the Prancing Horse marque recently split off from its former parent company and floated its own shares on the stock market. That makes it a separate entity, and also means that FCA no longer has a direct link to F1. But its chief executive clearly thinks the investment is worthwhile. Marchionne has been known to state grandiose plans, but he's also been known to carry through on many of them. So the next question is, if the plan goes through, just how Alfa Romeo might participate in F1? Some automakers (like Mercedes) field their own teams, others (like Honda) compete as engine suppliers, and still others (like Infiniti) as branding partners. Alfa could go either route, but Marchionne told Italy's La Gazzetta dello Sport that "Alfa Romeo is able to make itself a chassis, and it is able to make engines." Of course, that doesn't mean that it necessarily will. It could outsource a chassis from a constructor like Dallara, which is located near the same Varano circuit that Alfa uses regularly. It could also source an engine from its former sister company: Marchionne floated the possibility of starting a separate engine program in Maranello for Red Bull when it was hunting for a new engine partner, and could ostensibly do the same for Alfa Romeo. "In order to re-establish itself as a sport brand, Alfa Romeo can and must consider the possibility of return to race in Formula 1," said Marchionne. "How? Probably in a collaboration with Ferrari." Alfa Romeo first competed in F1 in the early 1950s, winning the world championship two years running in 1950 with Giuseppe Farina (scion of Pininfarina) and 1951 with Juan Manuel Fangio. It then dropped out, only to resurface as a full constructor team between 1979 and 1985, with limited results. It also supplied engines to an array of teams in the 1960s, '70s, and '80s.
This rare vintage Ferrari is not like the others
Sun, Nov 22 2015This particular Ferrari profiled by Petrolicious is attached to many of the vital names we've come to associate with the brand, like Dino, Scaglietti, Ascari, and Formula 1. What it doesn't have is the kind of engine we've come to associate with Maranello: at the front of that delicious bodywork is a 2.0-liter four-cylinder with 172 horsepower. The car is a 1955 Ferrari 500 Mondial Series II Scaglietti-bodied spider, its engine derived from the 2.0-liter engine used in the Ferrari 500 race car that Alberto Ascari used to win the F1 World Championship in 1952 and 1953. We can only wonder if any of today's cars will provide the same joy at being a barn find as this one did for its affable owner, retired US Navy Admiral Robert Phillips. He discovered it in the back of a dealership in 1960 - it had been sitting unused in Ohio and California for years - and almost walked away from it. He only bought it when he realized it had a four-pot engine. He paid two-thirds of his yearly salary at the time for it, the handsome sum of $2,225. In today's money that's about $18,000. Phillips says there are only three left with the original engines, so odds are that his car's value is exponentially more than the inflation-adjusted purchase price. One of them is going on the block with RM Auctions next month which looks a lot like this one, and they've listed it as "Price on Request." Phillips is our kind of owner, though - one who believes his car is meant to be driven, and who wants to pass it on to another driver when the time comes. His vehicle has quite the history, too, making its way to the Americas thanks to a call from the president of Venezuela to Enzo Ferrari. Check out the video for its beautiful story. Related Video: