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Ferrari to keep CEO Amedeo Felisa post spin-off

Ferrari is undergoing a big shakeup, and not just on the Formula One racing grid. It's just parted ways with its longtime chairman, is being spun off from the rest of the Fiat Chrysler Automobiles group and will soon launch its initial public offering on the stock market. But one thing it's not about to change at this point is its CEO. Speaking to journalists in Milan this past Friday, FCA chairman John Elkann said, "There will be no CEO change," indicating that the job of chief executive Amedeo Felisa is secure for at least a while longer. After two decades at Alfa Romeo, Felisa joined Ferrari back in 1990, was named general manager in 2006 and chief executive in 2008. In that capacity, he's always reported to company chairman Luca di Montezemolo, whose place was recently taken by Sergio Marchionne. It remains unclear, however, just how directly involved Marchionne will remain in the Prancing Horse marque, especially after the spin-off, and what that would mean for Felisa. In launching the IPO, Ferrari could institute a loyalty scheme that would award additional stake to the company's oldest and largest shareholders – which would only further entrench the holdings of the Agnelli family which Elkann heads and which stands to become the largest stakeholder in Ferrari after its separation from the rest of the group.

Mansory Stallone makes a man out of Ferrari F12

The Mansory Stallone you see above isn't the first such transmogrification of a Prancing Horse. This one is based on the Ferrari F12 Berlinetta, but the first honor, as far as we can tell, went to the Stallone based on the 599 GTB Fiorano. The F12 version was unveiled at the Geneva Motor Show this year, but we missed out, and we were sure you wouldn't want to miss it.
As with its predecessor, this one gets a total makeover, from the new front clip and hood to the side skirts, new rear end, rear diffuser and rear wing. There is additional muscle for the 6.0-liter V12, too - a tweaked ECU and sports exhaust with a stainless steel muffler getting matters up from 740 horsepower to 775, and torque from 509 pound-feet to 535. Moving things forward is a set of bespoke, staggered, lightweight aluminum wheels, 21 inches up front, 22 in the back.
The showstopper is inside, where a red and black leather treatment and redesigned steering wheel will make the cabin a very intense place to be. Check out the press release below for the minutiae, and the high-res gallery above for more angles.

One of Niki Lauda's 1975 championship F1 cars is going to auction

If you've been looking to add some Ferrari F1 cars piloted by legendary drivers, this is your year. On top of Michael Schumacher's 2002 Ferrari F2002 going to auction by RM Sotheby's, Gooding & Co. just announced it will be selling a 1975 Ferrari 312T used by the late Niki Lauda to win that year's championship. The auction house also says this is the first time a Ferrari 312T has been offered at auction. This particular car is chassis 022, and like all 312T's, it featured a flat-12 engine and a transverse transmission. The model was new for 1975 and replaced the troubled 312B3. Lauda, having won the championship in 1975, obviously had a good year with the model, but also with this particular car. He won the French Grand Prix, and took second and third in the Dutch and German races respectively. He also secured pole positions in every race he ran in it. Since leaving racing, this Ferrari has gone to various collectors. The seller is a collector from the U.S. who acquired the car in 2008 and had it fully restored. After that, the car made an appearance at the 2017 Pebble Beach Concours d'Elegance, where it took third in class. So this Ferrari has both racing and show pedigree. The Ferrari will be offered at the Gooding & Co. Pebble Beach auction this August. The auction house expects it to sell for between $6 million and $8 million.