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Jeep and Ram could be spun off from FCA, says Marchionne

Jeep is surely the biggest single feather left in the cap of the Fiat Chrysler Automobiles portfolio. Under Sergio Marchionne's leadership, Jeep went from fewer than 500,000 annual sales in 2008 to 1.4 million in 2016, and is on track for 2 million by 2018. Add in the brand's legacy, status as one of the most recognizable nameplates in the world, and rabid fan base, and Jeep has extraordinary monetary value to its parent company. Investors and analysts have certainly noticed Jeep's inherent value. According to The Detroit Free Press, Morgan Stanley's Adam Jonas asked FCA chief Sergio Marchionne if he would ever consider spinning Jeep and Ram, FCA's dedicated truck brand, into a separate corporate entity, and he responded with a simple "Yes." Jonas estimated Jeep's worth in January of this year at $22 billion. Ram was valued at $11.2 billion. Marchionne has a history of spinning off brands while keeping them part of FCA's corporate umbrella. The most noteworthy example of this value maximization was with Ferrari, which now trades on the New York Stock Exchange and rakes in $3.4 billion in annual revenue and close to $435 million in net income, reports the Free Press. Marchionne still serves as chairman and CEO of Ferrari, and Fiat heir John Elkann owns 22 percent of the Italian marque's shares. Even if the offloading of Jeep and Ram into a separate entity would amount to little more than a profit-driven ownership change on paper, it would be huge news to the brands' loyal fanbases. In any case, such a move would likely take years to actually happen and probably wouldn't mean much at all to the products that Jeep and Ram produce. In other words, Jeep fans can keep the pitchforks in the shed ... for now. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

2019 Ferrari 488 Pista Piloti Ferrari is only for people racing Ferraris

Ferrari revealed an interesting special edition car, the 2019 Ferrari 488 Pista Piloti Ferrari. Part of what makes it interesting is that it doesn't matter how much money you have, you probably can't get it. That's because this version was created to celebrate Ferrari's motorsports teams and the car that won its class in the 2017 World Endurance Championship. As such, this car is only available to people "involved in the company's motorsports programs." We're guessing it's aimed at drivers of Ferrari race cars, but we bet that managers and other members of Ferrari race teams with enough scratch could get one, too. Besides the exclusivity, Ferrari spruced up the 488 Pista Piloti Ferrari with a number of unique features. It has a special paint scheme with a center Italian flag stripe inspired by the championship winning 488. On the passenger side of the car is the WEC logo, and on the driver's side is the word "PRO" indicating the class of the winning car. On each side, the owner can choose a custom number that will also be placed on the steering wheel. In the case of the show car, it has the number 51 for the aforementioned race car. Inside, the car features black Alcantara everywhere. There are also a few Italian flag tributes. The seat backs have the Italian flag colors fading as they head to the top of the seat. The same colors are also found on the shift paddles. Red stitching also helps break up the black interior. Nothing has been changed mechanically about the Piloti Ferrari, which means it still has the 711-horsepower turbocharged V8. But we suspect that none of the customers will be complaining about it being too slow, and the exclusivity is pretty cool. Plus, we're sure plenty of these customers will at least have access to a race car if they need something more hardcore. Related Video:

Watch 40 Ferrari F12s hit the Nurburgring at once

Of all the cars we'd love to drive around the Nurburgring, the Ferrari F12 Berlinetta ranks pretty high. It's got mountains of power sent from a smooth V12 at the front to a set of fat tires at the back, near-perfect handling balance, anchor-like brakes... we could go on and on, but the point is that it'd be a hoot to drive on any track, let alone the vaunted Nordschleife. As you can see from this video, the boys from Maranello evidently agree. This latest owners' meeting attracted 40 F12s (and at least one California T) to the Green Hell to see how their machinery could handle one of (if not the) most challenging racing circuits in the world. Ferrari's chief test driver Raffaele de Simone was on hand to drive some hot laps, and the owners had the chance to push their F12s to near their limits. The official video footage is a little overproduced, in typical style, and could do with a little less dramatic music and a little more of the unbridled engine and exhaust sounds for which Ferraris are known. But as far as the fantasy of gaining admission to such an elite cadre of supercar owners, this is about as close as most of us are likely to get. Related Video: