2007 Ferrari 599 Gtb Fiorano Coupe 2-door 6.0l 6283 Miles Like New!!! Excellent on 2040-cars

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Ferrari families have 'agreement' to prevent takeover

With its initial public offering already a massive success, Ferrari is now officially a publicly traded company on the New York Stock Exchange. While anyone can buy those shares, don't expect investors to take control away from some of the top owners of the Prancing Horse anytime soon. To maintain their power, Enzo Ferrari's son, Piero, and Exor chairman John Elkann will sign a deal guaranteeing themselves nearly half of the automaker's voting rights, Bloomberg reports. As part of this arrangement, shareholders that agree to hang onto Ferrari stock for at least three years would receive additional voting rights in the company, and that would give Piero and Elkann a combined 48.7 percent of the automaker by banding together. While not quite complete control, the move should be enough to prevent a takeover of the business. "We have an agreement among the families to protect our interests in Ferrari," Piero said to Bloomberg. This agreement won't really become a concern until next year because only 10 percent of Ferrari will be traded for now. FCA will distribute another 80 percent to its shareholders in early 2016, and Elkann's Exor will be getting the largest portion of the Prancing Horse in the spin-off. Meanwhile, Piero holds the remaining 10 percent but has absolutely no intention to sell his stake in his father's business. The newly public Ferrari will push to grow volume with a goal of moving 9,000 vehicles annually by 2019. To reach that 30-percent boost, expect to see a new model every year, and some of them might use a new, modular platform that's reportedly under development. Related Video:

John Lennon's first car being sold at auction

This is what you get as your first car after you've just passed your driver's test at the age of 25: a 1965 Ferrari 330GT 2+2 Coupe. Of course, that's assuming your name also happens to be John Lennon and you've just helped record Ticket to Ride with the rest of your Beatles cronies.
When news of Lennon getting a driver's license made the newspapers in England, luxury car makers parked outside his mansion with offerings and this is the one he chose, painted Azzuro Blue with a blue interior. He paid 6,500 pounds, said to be equivalent to 110,000 pounds today ($170K US).
Bonhams will be auctioning the blue Italian at this year's Goodwood Festival of Speed on July 12. It was just one of 500 built, has been restored to its original condition, has matching numbers and its original license plate number. The pre-auction estimate is between 180,000 and 220,000 pounds ($278K - $340K US).

Ferrari takes over Rodeo Drive to introduce F60 America

Unless you own a very special Ferrari, the only way you were going to park on Rodeo Drive in Beverly Hills today was to walk there and sit down on a bench. Otherwise, occupying the length of the plutomaniac's thoroughfare was everything from a 1948 166 MM Barchetta, the very first Ferrari imported to the United States, to the brand new 458 Speciale A, introduced at the Paris Motor Show earlier this month. A collection of 60 significant Ferraris were on display to celebrate the marque's 60th anniversary as a US citizen, and it was the most impressive gathering of Italian metal we've seen since the company threw its 50th anniversary event at Pebble Beach a decade ago. How about a Le Mans class-winning 250 GTO, the 1954 375 MM Scaglietti Coupe that won best of show at Pebble Beach back in August, or one of the stunning 330 P4 race cars that was part of the 1-2-3 finish at Daytona in 1967? All parked on Rodeo Drive.
The special-est of them all received an introduction from new company chairman Sergio Marchionne, that being the F60 America. Only for the US, with all ten of them already sold for a reported $2.5M each, the F60 America reaches back to early America-branded offerings like the 340 and 375, and US-focused convertibles like the 1967 275 NART Spider, 1969 365 GTS4 Daytona Spider and 2005 575 Superamerica.
Unlike those Spiders, however, the F60 America is a voluptuous departure from the F12 Berlinetta it's based on, with the subtracted top opening up the flex of its hips, pairing nicely with the swell over the front fenders. As we told our photographer Drew Phillips, we're looking at the future of Pebble Beach, and you can enjoy it in the photos above or the rest of the Ferraris on display in the gallery below.