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Ferrari IPO could come any day now

According to Bloomberg, Fiat Chrysler Automotive Sergio Marchionne told reporters at the Toronto Global Forum that the Ferrari IPO could come any day now. "We are days away from filing the prospectus," said Marchionne, who declined to confirm whether rumors of involvement from UBS Group AG, JPMorgan Chase & Co and Goldman Sachs Group were accurate. In addition to an expected filing in New York, Marchionne hinted that a secondary filing could take place in Milan, Italy. Although the FCA Chief Executive didn't offer any expected sum for Ferrari, he had previously suggested that an IPO for the iconic Italian brand could be worth $1 billion, ringing the registers to the tune of 10 percent of the company's $11 billion valuation. According to Bloomberg, that potential sum is significantly higher than its own internal figures indicate after taking a poll of analysts who we assume must know a heck of a lot more about such things than we do. Considering how close we apparently are to the actual filing, though, we probably won't have to wait long to find out. Another hot topic any time Sergio is the subject of reporter questioning is a potential merger with General Motors or another large, full-line automaker. It seems there aren't any new revelations to reveal on the consolidation front, though Marchionne told reporters there were no plans to mount a hostile takeover of GM or any "other, less optimal" partners. Related Video: News Source: BloombergImage Credit: STR/AFP/Getty Earnings/Financials Chrysler Ferrari Fiat Sergio Marchionne FCA

Ferrari makes 488 Pista official with 711 hp, racing tech, photos

Instead of letting the internet get the best of its new V8 Special Series coupe, a day after images leaked Ferrari released a batch of details and photos on its 488 Pista track-day weapon. The twin-turbo 3.9-liter V8 produces 720 of France's Cheval Vapeur, which equates to 710 of our U.S. horsepower, while torque churns in at 568 pound-feet. Those numbers outdo the 488 GTB by 50 hp and eight pound-feet, and will get the 488 Pista in its lightest guise from a standstill to 62 miles per hour in 2.85 seconds, with 124 mph arriving in 7.6 seconds. Maximum velocity tops out at 211 mph. We say "in its lightest guise" because Ferrari records the 488 Pista's weight as 2,821 pounds dry, but with an asterisk that explains said weight can only be achieved "With optional lightweight features." As of now we have no idea what those features are, but along with other lightweighting efforts like the carbon floor, they help amputate a total of 198 pounds compared to the weight of the standard 488. Ferrari says the goal was to make the upper reaches of the new Special Series V8 "easier to reach and control," so engineers poured the brand's racing toolbox over the 488 Pista. The front S-Duct and diffuser mimic the ramp angle on the 488 GTE World Endurance racer. The sixth evolution of Side-Slip Angle Control that oversees the electronic differential, the magnetorheological suspension, and the F1-Trac stability control, now incorporates Ferrari Dynamic Enhancer software that varies the brake caliper pressure. Even the livery was created to enhance the coupe's raciness, as if such ornamentation were needed. We've heard rumors that 488 Pista can lap Ferrari's Fiorano test track faster than the LaFerrari. A better comparison — one we're more eager to see, and one with a much better chance of happening — is that between Ferrari's latest and the McLaren 720S. Their specs are nearly identical. The McLaren produces 710 hp and 568 lb-ft from a 4.0-liter, twin-turbo V8, weighs 2,828 pounds in its lightest fitment, sprints to 62 mph in 2.9 seconds, to 124 mph in 7.8 seconds, and has a top speed of 211 mph. Things that make you go, hmmm... We'll be at the Ferrari booth at the Geneva Motor Show as soon as the lights go up on this one. Related Video:

Autoblog's ultimate holiday rides

Over the hills and through the woods, it's the time of year when many of us visit family and friends for the holidays. But getting there can be a chore. It's cold and snowy across much of the United States, and even if the climate is favorable, the drive to grandmother's house often is not. Think back to holiday road trips of yore: They probably included crying babies, antsy children, hungover adults and frequent bathrooms stops all around. Now, we're all at different life stages here at Autoblog, and the perfect car for one staffer might be as useful as a team of Budweiser Clydesdales to another. Some of us bounce from family event to family event with children and a labrador in tow, while others prefer a quieter, simpler holiday. But whatever the endeavor, we all need wheels. With that in mind, here is the unofficial Autoblog list of the ultimate cars in which to tackle the holiday season. 2015 Ferrari FF To borrow a chestnut from Top Gear presenter James May, "As you'd expect, I've done this properly." That oddly voluptuous ruby bolide in the photo above? It's a 2015 Ferrari FF – all 652 all-wheel-driven horsepower of it. What makes a Ferrari the ideal for holiday time in PaukertLand? My Midwestern winter breaks are wonderful, but they're typically frenetic and slushy, involving a lot of schlepping from house to house and even city to city, not to mention inevitable last-minute runs for forgotten presents and dinner ingredients. Needless to say, a powerful V12 is a welcome ally for such duties. And this one isn't just a friend when the road is clear. The FF has been gifted Ferrari's novel 4RM AWD system, and despite sitting lower to the ground than, say, an SUV, it's a pretty effective tool for real winter driving, especially when outfitted with a set of snow tires. Unlike other Ferraris, it's also a rather practical thing, with legitimate seating for four adults and 15.9 cubic feet of cargo space – that's precisely as much room as a Mercedes E-Class – and you can fold the rear chairs and cram 28.2 cubes-worth of holiday cheer in the back. Okay, so it's far from cheap and fuel economy isn't that great, but who cares? Just drop a paddle-shifted gear or two, bury the throttle and Repeat The Sounding Joy. Ain't the holidays grand? – Chris Paukert Executive Editor 2015 Chevrolet Tahoe My Mom gives out more presents than any other human being I've ever encountered.