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Ferrari building 350 unique special editions for its 70th anniversary

Ferrari has been in business since 1947, which makes 2017 the automaker's 70th birthday. To celebrate its old age, the company has reportedly decided to create 350 bespoke special editions, each different from the next. According to Autocar, the company made the announcement to 100 owners and collectors in Venice, Italy, last weekend during the Ferrari Cavalcade. The 350 unique models will come from Ferrari's current lineup, and will include 70 each of the California T, 488 GTB, 488 Spider, GTC4 Lusso, and F12 Berlinetta. The Italian automaker chose 70 of the most iconic vehicles from its past to inspire the upcoming special editions, with each of the 350 examples being unique. To get this level of exclusivity, the Tailor-Made division, which handles the company's extra-custom orders, will lend a helping hand in design. The hardest thing for Ferrari, however, won't be putting 350 unique models on the road, but deciding how to pick which owners and collectors get the opportunity to purchase them. According to Ferrari boss Sergio Marchionne, that is "the most difficult part of what I do." Yep, sounds like a tough job, turning away millionaires. Autocar reports that Ferrari will reveal the 350 special-edition models at the Paris Motor Show in October, but that sounds like a difficult task. We're guessing they won't all be present, but that would sure be a sight to see. Related Video:

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.

The Ferrari 488 Challenge is the one-make series' first turbo car

Ferrari has revealed its newest Ferrari Challenge series racecar, just in time to celebrate the 25th anniversary of the one-make series next year. The new model is the 488 Challenge, and like its road-going sibling, it features a turbocharged V8. This makes the 488 Challenge the first car in the series to use a turbocharger, and at 670 CV (660 horsepower), it's the most powerful car the series has featured. The car made its debut at the season-ending Finali Mondiali event at Daytona International Speedway over the weekend. In addition to the new powertrain, the 488 Challenge gets other updates compared to its 458-based predecessor. The engine is lighter by more than 43 pounds, and the exhaust has lost nearly 19 pounds. The front bumper and the hood have been completely redesigned, and the rear wing is larger than its predecessor's. Drivers also now have a pair of manettinos (make that manettini) on the steering wheel for managing traction control settings, instead of one like on the road cars. One adjusts when it activates, and the other controls how aggressive the system is when it does kick in. Thanks to these various changes, the 488 Challenge is notably faster than the previous Challenge car, the 458 Challenge Evoluzione. Ferrari claims the 488 lapped its Fiorano test circuit a full second faster than the 458. You'll be able to see this new Ferrari in action in the coming year's Ferrari Challenge Series. But until the series starts, check out our live photos of the new machine above and a gallery of Ferrari-supplied images below. Related Video: