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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:

Ferrari 488 GTB turbocharges its way towards Geneva debut

Automakers left, right and center are embracing turbochargers as the best way to get more power out of a smaller package, and that includes performance automakers like Ferrari. In line with the latest FIA regulations, the Prancing Horse marque turbocharges its Formula One single-seater, and followed the same route with the California T. And now it's done the same with the replacement for the 458 Italia. Dubbed the 488 GTB, Maranello's latest mid-engined V8 supercar arrives forty years after the debut of the 308 GTB that launched Ferrari into the segment. It packs a 3.9-liter turbocharged V8 offering up 661 horsepower and 560 pound-feet of torque. That represents a 64-horse increase over even the extreme 458 Speciale, and an even more impressive torque boost of 162 lb-ft, despite a decrease in displacement by approximately 600cc. (Ferrari isn't saying exactly how many turbochargers its new forced-induction engine carries, but we're likely looking at a pair of twin-scroll turbos.) The new engine is said to be enough to propel the new 488 GTB to 62 miles per hour in three seconds flat, to 124 mph in 8.3 seconds and on to a top speed in excess of 205 mph. And at 1 minute 23 seconds, the 488's lap time at Fiorano is also a good half second faster than the naturally aspirated Speciale and two seconds faster than the Italia. Ferrari says it dedicated significant efforts to keep the engine responsive and the exhaust note enthralling despite the introduction of forced induction – the first time a turbo has been used in mid-engined, eight-cylinder Prancing Horse, since the F40. Of course there's more to the 488 GTB than the turbocharged engine. It also features a revised Side Slip Control 2 (SSC2) system, working in tandem with the F1-Trac and E-Diff systems to keep the supercar on the razor's edge without sliding off of it. The revised bodywork also generates 50 percent more downforce – thanks in no small part to the active diffuser that necessitated moving the exhaust pipes upwards – and a more slippery shape than any production Ferrari yet. The interior has likewise been revised with new control clusters, air vents, instrument panel and infotainment system for optimized ease of use. The new Ferrari 488 GTB – shorthand for Gran Turismo Berlinetta – is set to debut at the Geneva Motor Show next month, but you can scope it out now in the high-res image gallery above and the full details in the press release below.

The Ferrari FF is now the GTC4 Lusso

As groundbreaking as it might have been when it debuted in 2011, the FF was never the best-looking Ferrari in the fleet. And at five years old, it's now the oldest as well. But Maranello is out to correct that with the new model you see here. Dubbed the GTC4 Lusso, the updated version of the FF is not only better-looking than the model it replaces, but packs some innovations under its slightly sharper coachwork as well. It debuts next month at the Geneva Motor Show. The 6.3-liter V12 carries over in naturally aspirated guise, but now produces 680 hp and 514 lb-ft. That's a marked improvement over the existing ratings of 651 horsepower and 504 pound-feet of torque. It still stops short of threatening the more focused F12 Berlinetta with its 730 hp and 509 lb-ft. The muscle still meets the road through the only all-wheel drive system that Ferrari has ever made, but now integrates four-wheel steering as well, like we saw on the F12 TdF. The 4RM-S system works in tandem with Slip Side Control 4.0, integrating the electronic differential and adaptive dampers to keep this horse prancing on no matter the conditions. No mention was made of the transmission, but we're likely dealing with the same seven-speed DCT as its predecessor. Regardless, the sum total is a 0-62 time quoted at 3.4 seconds and a top speed of 208 miles per hour. The revised mechanical bits, as you can see, are wrapped in new sheetmetal. It all looks tauter, more sculpted, and more aggressive than some of the rounded forms of the FF, and the interior has been updated as well. The key change is at the back of the greenhouse. Often derided as somewhat awkward and ungainly, the fastback roofline is lowered with the kink at the back of the side glass flipped, a spoiler added at the trailing edge of the roof, and the twin taillights replaced by four. THE FERRARI GTC4LUSSO DEBUTS AT THE GENEVA SHOW - The Ferrari GTC4Lusso debuts at the Geneva Show: class-leading performance, versatility in all driving conditions, sublime elegance. - A unique car, a whole new world Maranello, 8 February 2016 – Ferrari announces the addition to its range of the Ferrari GTC4Lusso, the new four-seater which hails a major evolution of the sporting Grand Tourer concept by integrating rear-wheel steering with four-wheel drive for the first time.