1990 Ferrari Mondial T Cabriolet. 29k.orig.miles! 3.4l.complete Service Hstry! on 2040-cars

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Ferrari IPO could come any day now

According to Bloomberg, Fiat Chrysler Automotive Sergio Marchionne told reporters at the Toronto Global Forum that the Ferrari IPO could come any day now. "We are days away from filing the prospectus," said Marchionne, who declined to confirm whether rumors of involvement from UBS Group AG, JPMorgan Chase & Co and Goldman Sachs Group were accurate. In addition to an expected filing in New York, Marchionne hinted that a secondary filing could take place in Milan, Italy. Although the FCA Chief Executive didn't offer any expected sum for Ferrari, he had previously suggested that an IPO for the iconic Italian brand could be worth $1 billion, ringing the registers to the tune of 10 percent of the company's $11 billion valuation. According to Bloomberg, that potential sum is significantly higher than its own internal figures indicate after taking a poll of analysts who we assume must know a heck of a lot more about such things than we do. Considering how close we apparently are to the actual filing, though, we probably won't have to wait long to find out. Another hot topic any time Sergio is the subject of reporter questioning is a potential merger with General Motors or another large, full-line automaker. It seems there aren't any new revelations to reveal on the consolidation front, though Marchionne told reporters there were no plans to mount a hostile takeover of GM or any "other, less optimal" partners. Related Video: News Source: BloombergImage Credit: STR/AFP/Getty Earnings/Financials Chrysler Ferrari Fiat Sergio Marchionne FCA

1954 Ferrari 375 MM Scaglietti Coupe named Best In Show at Pebble Beach Concours d'Elegance

For the first time in the event's 64-year history, the prestigious Best In Show honor at the Pebble Beach Concours d'Elegance has been awarded to a Ferrari. The 1954 375 MM Scaglietti Coupe seen here is owned by car collector Jon Shirley of Medina, WA, and as it turns out, has quite a rich history.
Nevermind the fact that it's currently one of five road-going 375 MMs - this example was ordered by film director Roberto Rossellini, and was actually born as a Pininfarina-bodied competition Spyder. Following an accident, the car's original body wasn't able to be saved, but the chassis was sent to Carrozzeria Scaglietti in Modena for replacement, and the finished product became the company's first passenger car design for Ferrari.
Following its tenure with Rossellini, the car was owned by Mario Savona of Palermo, and later Charles Robert of Paris. Years later, the car was restored by its current owner in 1995, after being found in an underground garage in a Paris suburb.

2015 Ferrari 458 Speciale

Where the current roadgoing Ferrari coupe with its rear-mounted V8 can go beyond this Speciale edition, I don't know. The 458 Italia and Spider already hold a very dear place in the hearts of anyone who has driven them on a sunny day over great roads or tracks, and I was pretty sure nothing could beat the heady sensory combo presented in the 458 Spider when I first drove it back in 2011. I may have to change my opinion now.
Companies like Ferrari are in the enviable position of sprinkling performance dust on their already-great base cars, all just to make them a skosh better and grab us again by the loins for one more model year. Some perspective: in 2002, the legendary Enzo set its personal best around Ferrari's 1.9-mile track at Fiorano, pulling a 1:24.9. This 458 Speciale with four fewer cylinders and more weight beats it with a time of 1:23.5, and not once during my laps did I feel as though I might die if my slightest judgment behind the wheel was less than on the money.