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Ferrari family won't sell stake in company

Ferrari may be splitting off from the Fiat Chrysler Automobiles group and launching its IPO independently, but those stocks it's going to float are coming out of Fiat's hands. The small portion still held by the Ferrari family looks destined to stay in their control for the time being. According to the latest report from Reuters, Enzo's son Piero says he has no intention of selling any of the 10 percent interest he and his family hold in the company founded by his late father. "I have never sold and I have no intention of doing so," said Piero, as quoted in the report. Piero Ferrari is the illegitimate son of Enzo Ferrari and his mistress Lina Lardi. His half-brother Dino died in his twenties from complications associated with muscular dystrophy, and in accordance with Italian custom, Piero was only acknowledged as Enzo's heir after the death of the father in 1988. Representing the family's holdings, Piero still acts as vice-chairman of the company but devotes his day-to-day to running aerospace manufacturer Piaggio Aero. News Source: ReutersImage Credit: Marco Vasini/AP Earnings/Financials Ferrari stock piero ferrari

Ferrari considering return to Le Mans racing in 2015

Rumors are swirling that Ferrari may be contemplating a return to Le Mans racing as soon as 2015. Germany's Auto Motor und Sport reports the Italian automaker may apply the development of a new 1.6-liter turbocharged V6 engine for Formula One to an LMP1 car for Le Mans, and have it ready for the 24 Hours of Le Mans in two years. This follows hints made by Scuderia Ferrari CEO Stefano Domenicali last month that the newly developed F1 engine could be used for "some interesting projects."
Ferrari has a history of success in Le Mans racing, though it hasn't won the big endurance outright since 1965. The image above captures the exact moment when the No. 21 car of Masten Gregory and Jochen Rindt crossed the finish line that year to win the race. That win was the last of six consecutive outright victories before the infamous arrival of the Ford GT40 in 1966. Despite never reaching the top of the podium again, Ferrari's nine wins still stand as the third most overall by a manufacturer behind Porsche (16) and Audi (11).
If Ferrari does return to Le Mans in 2015, the LMP1 class will suddenly be teaming with worthy competitors for Audi, which has dominated the race since 2000. After Peugeot's exit from the sport in early 2012, Toyota entered the race in 2012 and has continued to develop its TS030 Hybrid LMP1 car. Porsche, meanwhile, is well into developing a new LMP1 car that will first compete in next year's race.

Ferrari dips into its parts bin to test a Dino, or something

"It's a when not an if. We know that it [Dino] is an under-used resource, but that's why we need to get it right." – Sergio Marchionne We know Ferrari is thinking about bringing back the Dino. This might be it. Or not. Spy shooters snapped this prototype during winter testing in Sweden, sparking speculation the long-hoped for Dino could return. Witnesses said the mule didn't sound like it had a V8, suggesting the 2.9-liter V6 turbo developed by Ferrari for the Alfa Romeo Giulia was instead providing power. Fiat Chrysler chief Sergio Marchionne said back in 2015: "It's a when not an if. We know that it [Dino] is an under-used resource, but that's why we need to get it right." He also suggested a 500-hp V6 would be the right fit for a new Dino. That Alfa engine makes 505 ponies in the Giulia's Quadrifoglio trim But those comments are nearly two years old, when Ferrari was owned by Fiat Chrysler. Ferrari was spun off in the fall of 2015, though Marchionne remains head of the supercar maker in addition to leading FCA. But what are we actually looking at here? There's bits of both the 488 GTB and its predecessor, the 458 Italia, Frankensteined together onto the prototype. There are huge tailgun exhausts in back. The car is testing on a snowy road. Could in fact Ferrari be shaking down an all-wheel-drive 488 variant? A high performance version? On the other hand, the Dino was a mid-engine car, and the similar layout of the 458/488 line makes for a fitting testbed. Perhaps Ferrari is using that body style to conceal the identity of an all-new project like the Dino. Or perhaps... Related Video: