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Ferrari slated to reveal revised FF on Lake Como next month

Ferrari is reportedly gearing up to present a new version of the FF. Initially introduced in 2011, Maranello's all-wheel-drive shooting brake is now the oldest model in the lineup. But it won't be for much longer. The Italian automaker reportedly sent out a notice to select customers recently, inviting them to the debut of a V12 grand tourer with 2+2 seating. While it didn't explicitly name the model, those parameters could only apply to the FF. The reveal is slated to take place on February 15 at Villa Erba, the estate neighboring Villa d'Este on Lake Como that also hosts part of the Concorso d'Eleganza each year. That event is not slated to take place until May, but Ferrari is apparently renting it out for the event. Expect the updated FF to make its public debut at the Geneva Motor Show the following month. We predict revised styling to the front and rear fascias and new head- and taillights more in keeping with the company's newer models. The 6.3-liter V12 will likely carry over, but where the current model packs 651 horsepower, the revised version could step up to around 700 to bridge the gap to the more potent F12 Berlinetta with its 730 hp – or 769 in the F12 TdF. Don't expect any turbochargers – at least not on the V12 – as Ferrari doesn't plan on applying them to its 12-cylinder models. A hybrid version could be in the cards. Rumors have also suggested that a lower-priced V8 version could be offered as well, though that could end up encroaching too closely on the California's territory. One way or another, the part-time all-wheel drive system is likely to stay – as will the four-seat layout. Plus, a more tapered roofline could help the revised FF cut a more elegant silhouette. Related Video: Featured Gallery 2013 Ferrari FF: Review View 35 Photos News Source: Motor AuthorityImage Credit: Copyright 2016 Drew Phillips / AOL Geneva Motor Show Ferrari Coupe Hatchback Wagon Supercars ferrari ff

Ferrari to pay Fiat Chrysler $2.8B prior to spinoff

Fiat Chrysler Automobiles is trying to get capital together in a hurry to finance the automaker's growth plans. Among its strategies to raise money, Ferrari will be spun off from the FCA mothership next year with an initial public offering. However, the Italian supercar maker will be a couple billion dollars poorer at the start of its new life.
According to a filing with US regulators obtained by Automotive News, FCA intends to "enter into certain other transactions including distributions and transfers of cash from Ferrari currently estimated at 2.25 billion euros ($2.8 billion)" before it spins the supercar maker off. Those funds might include paying a dividend to investors, and FCA possibly transferring some of its debt to the Prancing Horse.
The Ferrari IPO will likely be in the second or third quarter of 2015, according to Automotive News. Ten percent of the automaker will go onto the public market in the US and possibly Europe too, and 80 percent will be distributed among current FCA shareholders. The other 10 percent is held by co-chairman Piero Ferrari, according to AN.

Ferrari 250 California record headlines $28.5M Baillon barnfind collection

Barn finds arise from time to time, bearing undiscovered treasures hidden away in some shed for decades before being unearthed and brought to the auction block. But few have ever compared to the Baillon Collection. And now its liquidation is complete, bringing in millions in sales on the back of frenzied bidding. Discovered just months ago, the Baillon Collection comprised some 100 vehicles said to have been rescued from the crusher by one Roger Baillon, a French transport magnate who intended to eventually put the cars on display in a museum. Unfortunately that never came to pass, but when the cars were found in sheds on his estate in rural France, the world took notice. In dire condition and in need of much TLC, 59 of the cars (those worth selling) were consigned to the auctioneers at Artcurial, which just handled their sale during the Retromobile classic car show this weekend in Paris. The highest price was fetched by a rare 1961 Ferrari 250 GT SWB California Spider with the highly desirable covered headlights found in the barn under a pile of old magazines. One of just 37 made, the drop-top Prancing Horse sold to an unnamed international collector for a record $18.5 million – far above initial estimates and, despite its condition, the most ever paid for a 250 GT of any kind. An American collector paid $2.2 million for the 1956 Maserati A6G bodied by Frua, also well above its pre-sale estimate range. A '49 Talbot-Lago T26 bodied by Saoutchik more than doubled even the top of its estimated value at $1.9 million, sold to a European collector. All told, the Baillon Collection brought in a staggering $28.5 million in sales, comprising over half the value of the lots, 89 percent of which Artcurial sold at the Retromobile auction.