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Fernando Alonso gives German TV interview driving Ferrari F12 at the Nordschleife

Fernando Alonso gave a wide-ranging interview to German television station RTL, the Spanish driver and German interviewer conducting the session in Italian, driving a special Italian car on very special German track. Among many answers - from the industriousness of his native Ovideo, Spain to where he relaxes - Alonso gives Ferrari an eight out of ten for the season, admitting they don't have the fastest car but they have a complete car, and refuses to give himself a number, only saying that he is more complete as well than when he first entered.
Beyond the normal-guy persona and wealth of topics, the 10-minute interview is neat for being able to watch Alonso hurl the Ferrari F12 Berlinetta over and around kerbs while he's answering questions. You can check it all out in the video below.

Fiat Chrysler begins Magneti Marelli spinoff

MILAN — Fiat Chrysler has kicked off its planned spinoff of parts maker Magneti Marelli, which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed. The spinoff is part of a plan by FCA Chief Executive Sergio Marchionne to "purify" the Italian-American carmaker's portfolio and to unlock value at Magneti Marelli similar to his earlier spinoff of Ferrari. Analysts say Magneti Marelli could be worth between 3.6 billion and 5 billion euros ($4.2 billion to $5.8 billion). It sits within FCA's components unit alongside robotics specialist Comau and castings firm Teksid. FCA has created a separate entity called MM Srl, the document showed, into which it will fold Magneti Marelli's electronics and electro-mechanical operations related to racing motorbikes and racing cars, as well as 14 other holdings in various companies around the world, including Germany, Slovakia, Mexico and South Africa. MM will be incorporated into a Dutch holding company via a cross-border merger, it added. FCA declined to comment. The move follows a similar procedure adopted by FCA for the spinoff and listing of Ferrari as well as of trucks and tractor maker CNH Industrial, both registered in the Netherlands and listed in Milan. The Dutch holding company would allow Marchionne, known for his success in extracting shareholder value through this strategy, to introduce a loyalty share scheme to reward long-term investors through multiple voting rights, as was the case with CNH and Ferrari. That would tighten the grip of FCA's controlling shareholder Exor, the Agnelli family's investment holding company, on the parts maker. Magneti Marelli, which employs around 43,000 people and operates in 19 countries, is a diversified components supplier specialized in lighting, powertrain and electronics. The Magneti Marelli separation is expected to be completed by the end of this year or early 2019, FCA has said. FCA's advisers initially looked at a possible initial public offering for the business to raise cash to cut FCA's debt, but the Agnelli family — FCA's main shareholder — was put off by low industry valuations and did not want its stake in Magneti Marelli to be diluted, three sources close to the matter told Reuters in March. Magneti Marelli has often been touted as a takeover target, and FCA has fielded interest from various rivals and private equity firms over the years.

Ferrari's modular next-gen platform is under construction

Ferrari and Altair ProductDesign are teaming up to create a next-generation platform for the automaker's future vehicles, reports Automotive News. The platform will provide Ferrari with a base for several new flagship models, claims Altair in a press release that is no longer available, noting that the engineering and design company has worked with Ferrari for more than 10 years. According to the report, vehicles on the next-gen platform are expected to be lighter and better performing, and the platform will reduce vibration, noise, and harshness. Altair's designers and engineers worked alongside the automaker's manufacturing, design, and engineering teams in Italy to create the platform. Altair currently works with an extensive list of automakers on various design and engineering aspects for vehicle chassis. We reached out to Ferrari to get a better idea of what Altair is bringing to the table, but the automaker declined to comment about its relationship with suppliers or on future products. As previously reported, a modular platform would help Ferrari cut development time and share more parts within its lineup. The next generation of the Ferrari California is the first model expected to utilize the new platform and is predicted to be unveiled sometime next year.Related Video: News Source: Automotive News-sub.req., Altair ProductDesignImage Credit: GIUSEPPE CACACE/AFP/Getty Plants/Manufacturing Ferrari Coupe Lightweight Vehicles Performance Supercars