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FCA likely won't sell more than 10% of Ferrari stake

The initial public offering of Ferrari on the stock market is likely coming in the second or third quarter of this year, but apparently the exact stake of the Prancing Horse set to hit the exchange isn't final. When FCA first announced the plan to spin off Ferrari, the idea was for 10 percent of the stock to go on the open market in the US and maybe also in Europe. Another 10 percent would go to company vice chairman and Enzo's son Piero Ferrari, and the remaining 80 percent would be divided among current shareholders, including a large portion for the Agnelli family. FCA CEO Sergio Marchionne hasn't finished tweaking those numbers, though. Last month, he indicated the automaker might put more than 10 percent of Ferrari on the market to boost liquidity. However, the original proposal has now returned to the table. "I don't believe we will go above 10 percent," Marchionne said, according to Automotive News, but also noted things weren't final. By increasing the Ferrari stock on the open market for the IPO, FCA decreases the amount going to current shareholders, according to Automotive News. With that being the case, don't expect too much of the Prancing Horse to be offered up to investors when the stock hits the market. Related Video:

Race Recap: 2014 Spanish Grand Prix is boom and bust [spoilers]

The Spanish Grand Prix's 2.892-mile Circuit de Catalunya is considered a preview for the rest of the season, since it's a combination of long front straight and twisting middle sectors mimic sections from every other Formula One track to follow. After the long break following the flyaway races to open the season, teams and fans have also been looking forward to this race to see if anyone had a realistic hope of catching Mercedes AMG Petronas; Infiniti Red Bull Racing honcho Christian Horner boiled his team's outlook for the season down to the line, "We've got to [beat them in Spain] if we're going to make a championship of it."
If we take that as our starting point then the weekend began as a bust. Lewis Hamilton only just beat Mercedes teammate Nico Rosberg for pole, the Brit's final effort getting him 0.178 seconds clear of the German. Daniel Ricciardo, proving Red Bull is at least the best of the rest, took third but did so more than a second behind Hamilton. Valtteri Bottas of Williams lined up fourth, almost 1.5 second behind and Romain Grosjean delivered overdue good news for Lotus by taking fifth on the grid, more than 1.7 seconds behind pole. Kimi Räikkönen in sixth outqualified his Ferrari teammate Fernando Alonso in seventh, but he couldn't be happy about it because the Ferraris were nearly two seconds behind, and Jenson Button in eighth in the McLaren was more than two second behind. Felipe Massa put the second Williams in ninth, and Sebastian Vettel overcame a terrible start to the weekend to make it into Q3, then didn't set a time when his gearbox failed, then got dropped five places to 15th on the grid when the gearbox had to be changed.
When the lights went out, then came the boom...

Can the Dark Knight pull off Enzo Ferrari?

Christian Bale is taking another role where he gets to be in close contact with cool cars. The former Batman has reportedly been cast as Enzo Ferrari in a biopic about the legendary automotive figure that's being directed by Michael Mann, according to Deadline Hollywood. Production is set to begin next summer. The film allegedly takes place in 1957 and is possibly related to the fatalities of 11 people that year in a Ferrari crash at the Mille Miglia. According to Road & Track, the story also might be based on the book Enzo Ferrari: The Man, The Cars, The Races, The Machine. Mann has been trying to get the tale of the sports car magnate made for years, and had previously been negotiating to direct a movie adapting the book Go Like Hell about Ford and Ferrari's epic rivalry at Le Mans in the '60s. Bale's casting seems like a challenge, though. The British actor certainly doesn't look much like Ferrari. Also, he's currently 41, whereas il Commendatore was 59 in 1957. Mann's film already has challenger, too. Robert de Niro is also developing a Ferrari biopic in Italy, and he's taking the starring role. That movie would reportedly tell the story of the sports car company from its founding through Enzo's death in 1988. Here's hoping both of them make it to theaters; the auto industry titan's life is plenty fascinating enough to support more than one big-screen tale. Related Video: