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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.

Scarbo Performance SVF1 First Drive Review | A hot-rodder's take on vintage F1

THERMAL, Calif. — Some turn their nose to the sky as soon as they hear the term, "replica." They only care for "originals," cars that are inevitably destined to collect dust in someone's impeccably clean garage, preserved for posterity, and never revved in anger or given the beans in fear of fouling up an "investment." Joe Scarbo thinks this "mere existence" is a boring one, that cars are meant to be driven hard – period. That's the outlook that spurned him to create the SVF1, an ass-kickin' track weapon so good, and so demanding, our body quit well before we wanted to hand back the keys. Once you realize what the Scarbo Performance SVF1 actually is, you'll get it. The open-wheeled, open-cockpit retro-racer is modeled after a 1967 Ferrari F312 Formula One car, and many, justifiably, consider its sultry, minimalist lines to be among the prettiest F1 designs. However, the guts under its beautifully hand-beaten aluminum exterior are more SoCal hot-rodder than devout Tifosi replica. Made even clearer that this track beast resides in the former is what powers it; a Red, White, and Blue-blooded GM-sourced, 430-horsepower LS1 V8. You can't get much more American than that. Our date with the SVF1 occurred at The Thermal Club near Palm Springs, an automotive oasis plopped squarely in the middle of an agricultural hub. The freshly finished facility is just a few hours outside of Los Angeles, but unlike the better-known Willow Springs, the track surface here is absolutely pristine, on top of which there was a fine mist of sand, a condition which kept both us and the SVF1 on our tiptoes. To provide the perfect soundtrack for our track adventure, Scarbo married the LS1's fly-by-wire throttle system with eight velocity stacks, providing an otherworldly induction yowl. This is punctuated by a guttural exhaust featuring an eight-into-one collector with a three-inch exit. Upon startup, the SVF1 is sends shivers through your body, and like chain lightning it propagates through the bodies of anyone within 60 feet. Grunt and stamina are required to shift the transaxle 5-speed manual transmission from a 986-generation Porsche Boxster mated up to the LS1. No flappy paddles or dual-clutches here. You get into the SVF1 by placing your feet onto the softly padded seat and sliding your butt in-between its fuel tank, which straddle your hips and posterior. Clip into the five-point harness and you're eyeball level with the truly massive Avon race-spec slicks.

Ken Block's Gymkhana 8 to feature Dubai Police cars?

Yesterday we showed you the shiny Ford Fiesta that Ken Block will slide, spin, and hoon through the next Gymkhana video. In case the image above isn't clear, that video will drop at midnight EST on February 30th on the Ford Performance YouTube channel. We don't know all the entire premise of the video yet, but this Tweet from the man himself reveals that the video will be set in Dubai. Block is standing on the Fiesta we saw yesterday, and arrayed behind him are a handful of those famous Dubai Police cars you're probably familiar with. The force has a fleet of sportscars and supercars, and the purpose is outreach and goodwill among its citizenry, not necessarily the pursuit of criminals. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. From left to right, we can see a Maserati GranTurismo, Porsche 911, what looks to be a Nissan GT-R obscured by Block's Fiesta, a McLaren (likely a 650S), Ford Mustang, and a Ferrari 599 of some ilk. Will they take part? Maybe Block will try and run from what might be the most horsepower-intensive police fleet in the world. We'll have answers (and a few minutes of pure Block hooniganism) in a few days. Related Video: