1980 - Ferrari Testarossa on 2040-cars
San Quentin, California, United States
COLLECTORS FERRARI TESTAROSSA ...as i do not want to show the VIN here in ebay, i choose 1980 as date of built - it is 1989! ...First registered 19th of may 1989 to a Ferrari F1 Pilot ...still has his helmet sticker in rear window - his monte carlo parking permit in front window ...winner car of international concours d'elegance 2014 ...official mille miglia press car 2014 ...matching numbers ...full serviced in may 2014 with change of cambelt ...one of 3 Testarossas especially noticed in wikipedia ...bespoken in biography of first owner ...first Testarossa chassis with the stronger side lines ...rare specification with engine code ...A046 ...german TÜV with all papers done last in may 2014 ...lot of memorabilia regarding to the car and first owner (winning trophy, team jacket, biography signed...) ...discreetly transaction promised (therefor not listing the name of Ferrari pilot) ...no cheap Testarossa, but a good investment and in my opinion a very fair price for the beauty ...would consider a part exchange of an prewar roadster
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Race Recap: 2013 Malaysian Grand Prix is a fool in the rain
Mon, 25 Mar 2013Humidity, hunger and heartbreak were the takeaways from the Malaysian Formula One Grand Prix. A proper track with a wider variety of straights and corners than the street circuit in Australia, the second race of the season was expected to be a better test of the performance of the 11 teams on the grid. It was also supposed to be a more accurate test of the Pirelli tires, the bits of rubber at the four corners of the car still at the top of the performance agenda for all the top teams except for McLaren, which even larger issues with its new car to deal with.
Then it rained. Then it rained some more. Then it rained so hard just before the race that numerous drivers slid off the track on the parade lap. Then came the race, and then came the figurative tears and ones of the crocodile variety as well.
Toyo Tires will bring another wild catalog of rides to SEMA
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Ferrari raises $893M, valued at $12B
Wed, Oct 21 2015Ferrari'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.
