1997 Ferrari F355 Spider Base Convertible 2-door 3.5l on 2040-cars
Dallas, Texas, United States
Body Type:Convertible
Vehicle Title:Clear
Engine:3.5L 3496CC 213Cu. In. V8 GAS DOHC Naturally Aspirated
Fuel Type:GAS
For Sale By:Dealer
Make: Ferrari
Model: F355 Spider
Warranty: Vehicle does NOT have an existing warranty
Trim: Base Convertible 2-Door
Options: Leather Seats, CD Player, Convertible
Drive Type: RWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Mileage: 26,163
Power Options: Air Conditioning, Power Locks, Power Windows, Power Seats
Exterior Color: Black
Interior Color: Black
Number of Cylinders: 8
Visit CGM Auto Group online to see more pictures of this vehicle or call us at 469-206-6447. Ask for Peter.
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Auto blog
FCA delays distribution of Ferrari shares
Sat, May 2 2015Even if you can't afford an actual Ferrari, soon you can own a part of the famous company thanks to its upcoming initial public offering. FCA will put 10 percent of the Prancing Horse on the market in the third quarter of this year. However to reap extra money for 2015's bottom line, the rest of the sports-car maker's stock will remain undistributed for a little longer. According to Automotive News, the strategy is quite simple to understand. FCA is holding off until the first quarter of 2016 to divvy up the remaining Ferrari stock to shareholders. By doing so, the automaker gets to claim 80 percent of the Prancing Horse's profits for its 2015 financial numbers. While FCA is already showing strong results through Q1 2015, being able to add extra cash on the balance sheet is always a plus. FCA hasn't set a specific date for the IPO, but Ferrari stock was announced to be traded in the US and possibly on a European exchange, as well. According to Automotive News, FCA currently owns 90 percent of the company, and Piero Ferrari has the remaining 10 percent, which he isn't selling. Related Video:
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