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Future Ferraris could be based off single, modular platform

Thanks to its imminent initial public offering, Ferrari sits at the precipice of being an independent sports-car maker for the first time in decades. With Sergio Marchionne still at the helm, expect the famous brand to push even harder to grow sales around the world. According to an investigation of the company's future by Automobile, the next-generation of Ferraris could ride on a shared, modular platform and embrace turbocharging even more. Modular underpinnings, like Volkswagen's MQB or Volvo's SPA, are hugely popular in the industry because they let automakers cut development time and share more parts among models. According to Automobile, Ferrari is prepping an aluminum space frame that could support front- and mid-engine models. The design would also allow electronics, suspension parts, and powertrains to be shared among the Prancing Horse's vehicles. The first Ferrari using this platform could be the next-gen California, which is predicted to launch around 2017. The more aggressively styled hardtop convertible could also have an entry-level version with a twin-turbo 2.9-liter V6, possibly shared with the Alfa Romeo Giulia Quadrifoglio. Contrary to previous rumors, Automobile reports that the Dino might not be getting this engine, but instead could pack a bespoke, 600-horsepower V6 behind the driver. The coupe would carry a price tag of around $200,000. Also, look for Ferraro to celebrate its 70th anniversary in 2017 with a car Automobile refers to as the LaFerrarina, because it would use the LaFerrari's platform for a grand-touring model. Related Video:

Ferrari raises $893M, valued at $12B

Ferrari's stock is moving as quickly on the New York Stock Exchange as the brand's iconic sports cars do on the road. The company's incredibly popular initial public offering has already raised $893.1 million by virtue of 17.18 million shares sold for $52 apiece. If the deal's underwriters buy in as well, the figure would grow to $982.4 million. Plus, even after shouldering some of FCA's debt, the automaker carries an enterprise value of $12 billion, Bloomberg reports. Just as the company starts trading on the New York Stock Exchange, the share price is already racing upward, too. As of this writing, Ferrari stock, which is listed under the symbol RACE, is priced at $57.59. At its high so far today, the value reached as high as $60.95. While Ferrari is looking strong, the big winner in this success looks to be FCA because the company should raise $4 billion in the spin-off, according to Bloomberg. With nine percent of the sports car maker on the NYSE and one percent for the underwriters, another 80 percent will be distributed to FCA investors in 2016. When that's through, Exor, the holding company for the Agnelli/Elkann family, should have the largest stake at about 30 percent. Piero Ferrari holds the remaining 10 percent and has no intention to sell it. Related Video: FCA Announces Pricing of Initial Public Offering of Ferrari N.V. Common Shares Fiat Chrysler Automobiles N.V. (NYSE: FCAU/MI: FCA) ("FCA") and its subsidiary Ferrari N.V. ("Ferrari") announce today the pricing of Ferrari's initial public offering of 17,175,000 common shares at an offering price of $52 per share for a total offering size of $893.1 million ($982.4 million if the underwriters exercise the option described below in full). The shares are expected to begin trading on the New York Stock Exchange on Wednesday, October 21, 2015, under the symbol "RACE", and closing of the offering is expected to occur on October 26, 2015. In addition, the underwriters have a 30-day option to purchase an aggregate of up to 1,717,150 common shares of Ferrari from FCA. The offering is intended to be part of a series of transactions to separate Ferrari from FCA. Following completion of this offering, FCA expects to distribute its remaining ownership interest in Ferrari to FCA shareholders at the beginning of 2016. UBS Investment Bank is acting as Global Coordinator for the offering.

2015 Ferrari 458 Speciale

I wasted my last hour with the 2015 Ferrari 458 Speciale pacing the polished concrete floor of Home Depot. My quest was to find an industrial-strength adhesive that would permanently bond me to the bright-red Italian's carbon-fiber racing seat. At that moment, I was determined to spend the rest of my life with this Ferrari - glued behind its F1-inspired steering wheel - selfishly dismissing trivial matters like eating, bathing and all future interaction with my wife and kids.
After reviewing literally hundreds of exceptional vehicles, many considered the finest enthusiast offerings each automaker has to offer, I had finally found my mechanical soulmate - the limited-production 458 Speciale. I somehow became convinced that cementing myself within its spartan cabin would ensure that our love affair would never end. My plan was ingenious, assuming the hardware store still had a large bottle of Gorilla Glue on the shelf.
Simply put, there is no better way to start a weekend than with a gassed-up Rosso Corsa Ferrari 458 Speciale parked in your driveway and instructions to "Enjoy!"