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Scuderia Ferrari F138 unveiled in Maranello

This is the F138, the Formula One challenger that Ferrari CEO Luca de Montezemolo describes as "hopeful" and the eighth and final version of a Scuderia Ferrari Formula One car with a V8 engine - for now. The last digit in this car's name pays homage to that cylinder count, while the first two digits represent the year; next year the regulations will mandate 1.6-liter turbocharged V6s.
The Scuderia did well in pre-season testing last year but at the first race found itself almost two seconds down on the other top teams. With no significant changes to the regulations for 2013, Ferrari focused on weight loss, making components smaller and making the package more rigid, refining every aspect of a car that's essentially an evolution of last year's F2012. The front suspension has been redesigned for aero benefit, and the rear suspension is completely new. The front and rear wings are evolutions, and there's a new air intake design above the cockpit and redesigned intakes on the sidepods. The rear bodywork forms a much narrower package around the redesigned exhaust system, and the KERS is smaller and lighter.
Getting a jump on the 2014 car that will be a clean-sheet design under the new technical regime, Ferrari has integrated the spec TAG 320 electronic controller unit to this year's car. Forbidden from raising the power performance of the engine, the F1 team has worked on maintaining that performance over the three-race life of the engine. And yes, that's a vanity panel over the stepped nose in front.

Ferrari to list stock on Italian exchange

Ferrari announced Monday it will list its stock on the Mercato Telematico Azionario – the main section of the Borsa Italia stock exchange in Milan. The news comes a little over a month after the exotic automaker launched its initial public offering on the New York Stock Exchange. The company's stock listings are the culmination of a long process that dates to the merger of Fiat and Chrysler, if not earlier. Once the two auto giants came together, they merged their brand portfolio under one umbrella, incorporating the Dodge, Ram, Jeep, Alfa Romeo, and Maserati brands, as well as Mopar, Lancia, Fiat Professional, and the Fiat and Chrysler brands themselves. Ferrari, however, was deemed a separate entity, even after FCA chief Sergio Marchionne wrested control of the Maranello-based outfit from longtime chairman Luca di Montezemolo. Almost exactly one year after FCA launched its IPO on the NYSE, Ferrari did the same. Nine percent of its common shares were listed under the symbol RACE. Another one percent was offered to the listing's underwriters. Ten percent remains in the hands of Enzo Ferrari's family, led by his son and company vice-chairman Piero Ferrari. And the remaining 80 percent will be distributed among FCA's shareholders. FERRARI APPLIES TO LIST SHARES ON MTA Ferrari N.V. (NYSE: RACE) and FE New N.V.1 announced today the filing of the application for the listing, in connection with the planned separation of Ferrari N.V. from Fiat Chrysler Automobiles N.V., of the common shares of Ferrari on the Mercato Telematico Azionario organized and managed by Borsa Italiana S.p.A. Maranello, 23 November 2015 1As part of the separation, Ferrari N.V. will be merged into FE New N.V. which immediately before the merger will hold the shares in Ferrari N.V. now held by Fiat Chrysler Automobiles N.V. FE New N.V. will then be renamed Ferrari N.V., and its common shares will be listed on the MTA and the New York Stock Exchange.

Max Verstappen wins rain-soaked German Grand Prix

HOCKENHEIM, Germany — Max Verstappen won a chaotic and rain-soaked German Grand Prix on Sunday as championship leader Lewis Hamilton finished 11th and his Mercedes teammate Valtteri Bottas crashed near the end. Verstappen kept his composure on a treacherous track to clinch his second victory this season and seventh of his Red Bull career, topping a surprise podium ahead of Ferrari's Sebastian Vettel — who started from last — and Toro Rosso driver Daniil Kvyat. "It was amazing to win, it was really tricky out there, you had to be focused," Verstappen said. "It was about trying to not make too many mistakes. You learn over the years. I'm very happy with the result." Following this week's crushing heatwave, wet weather caused Hockenheimring havoc as drivers took up to six pit stops for new tires and several crashed at the same spot where a section of tarmac was notoriously slippery. Ferrari driver Charles Leclerc was in contention for a podium, despite starting from 10th, but crashed after switching for quicker tires and slid off the track, over the gravel and into the barriers. Remarkably, Hamilton had the same mishap moments later, mangling his front wing after losing control at the same corner. He came in for a new wing and tires, but it took Mercedes by surprise and a painfully long stop cost him any chance of victory. For Vettel it was a remarkable turnaround, and almost the opposite to last year — when he crashed near the end after leading the race from pole position and Hamilton won, having qualified only 14th. "It was a lot of fun, it was very tough to read what the smartest move was in the conditions," Vettel said. "I stayed tidy in the whole race. Congratulations to Max, he was superb." The red-clothed Ferrari mechanics and engineers mobbed the four-time F1 champion, doubtless relieved after the team's botched qualifying on Saturday. Vettel could not even get out on track to set a time and Leclerc's qualifying bid was undone late in the session, forcing him to start 10th. For Kvyat it was a third career podium but, above all, a point proved. The 25-year-old Russian driver was ruthlessly replaced at Red Bull by Verstappen after just four races of the 2016 season, and could not even get a seat in F1 last year. "Amazing to be back on the podium," Kvyat said. "The race was crazy. Incredible roller-coaster, like my whole career." The track was drenched by the time the race started. For safety reasons, a safety car was deployed.