California "30" Ferrari Approved Certified Low Miles Remaining Maint Included on 2040-cars

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Ferrari to be spun off from Fiat Chrysler

The recently merged Fiat Chrysler Automobiles empire has ambitious plans for growth, and it's going to need some big bucks in its coffers in order to enact them. Part of that cash injection is coming from the floating of its IPO on the New York Stock Exchange, but now FCA has announced a further capital campaign to be based on the enormous asset that is Ferrari.
FCA's board of directors has just approved the separation of Ferrari from the rest of the group as a separate entity. Once that separation is complete, Ferrari will put 10 percent of its shares on the stock market "in the United States and possibly a European exchange" as well.
This isn't the first time that the idea of a Ferrari IPO has been raised. Sergio Marchionne, chief executive of Chrysler, Fiat and Ferrari (pictured above), first raised the idea four years ago. Former Ferrari chairman Luca di Montezemolo nixed the idea, but now that he's been discharged, it appears there's nothing to get in the way of Marchionne's desires.

This '61 Ferrari 250 GT SWB could be yours for eight figures

The 250 GT SWB Berlinetta ranks among the most desirable of Ferraris, and this one has been under the same ownership for the last 47 years. Now it's coming up for auction. Chassis No. 2917GT served as the Prancing Horse marque's centerpiece at the 1961 Paris Motor Show, where it was displayed in light blue. Its first owner, however, only owned black cars, so he had it repainted. It changed hands a few times over the years, and was repainted in classic red somewhere along the way. That's the color it remains today. Its current owner is described as a well-regarded collector living in the Brittany region of France and has reportedly taken exceptional care of it, driving it regularly and bringing in the best mechanics to service it. But after nearly half a century in his care, he's letting it go. Artcurial will be handling its sale during the Le Mans Classic on July 9. We're waiting on word regarding how much the auction house expects it to sell for, but the records at Sports Car Market have similar examples selling in the past couple of years for upwards of $10 million. Given the apparent condition of this particular specimen, we don't doubt that it'll fetch top dollar. THE EX-PARIS MOTOR SHOW 1961 FERRARI 250 GT SWB BERLINETTA IN SAME OWNERSHIP FOR 47 YEARS – LE MANS CLASSIC, SALE 9 JULY 2016 – Paris – Artcurial Motorcars has raised its international profile in recent years by offering some of the world's rarest and most valuable cars at auction. The top ten most expensive cars ever to sell at auction include two cars from each of Artcurial Motorcars' last two Retromobile sales: the ex-Bardinon 1957 Ferrari 335 S Spider Scaglietti that sold on 5 February 2016 for 32.1Mˆ / 35.7M$ – a world record price (in ˆ and GBP) for a car sold at auction – and the 1961 Ferrari 250 GT SWB California Spider from the Baillon Collection that fetched ˆ16.3M / 18.5M on 6 February 2015. Artcurial Motorcars is also known for consigning important cars that are new to the market, a key feature of the star car in the next sale at Le Mans Classic on 9 July. The 1961 Ferrari 250 GT SWB Berlinetta #2917GT has been in the hands of the present owner some 47 years, and has had just five owners from new. This remarkable car was displayed new at the 1961 Paris Motor Show, presented in a light blue Azzuro.

Custom-built Ferrari 412 is not easy on the eyes

The 1989 Ferrari 412 Pavesi Ventorosso is a one-off topless creation from Carrozzeria Pavesi, which isn't the most well-known Italian coachbuilder in history. Ventorosso stands for "Red Wind", which brings a tear to one's eye – much like the 'improvements' to the bodywork. To begin with, the front end isn't all that bad. The headlights seem to have been grabbed from the then-new Citroen XM, and they are far less squinty than the lights originally complementing the 412's pop-ups. But the further toward the rear you go, the more it all falls apart, as the rear end treatment inexplicably combines round 412 taillights with a black, Testarossa-like plastic slatting above them. The complete car is somehow similar to the Michelotti-designed Reliant Scimitar SS1, which is undeniably also a product of its time. Still, the 18,641-mile car is mentioned to be in perfect condition inside and out, and that has resulted in a nearly $137,000-price tag by the seller, Maranello Service in Calvatone, Italy. It is also noteworthy that the 5.0-liter Colombo V12 is mated to a manual gearbox, which isn't always the case with 400i/412 models. And the best thing? You cannot see the exterior when driving it. Related Video: