2020 Ferrari 488 Pista 2dr Cpe on 2040-cars

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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 Purosangue SUV test mule spied in video

We all know Ferrari has lost its shame and is working on an SUV, but here's the first hint of it with this video of what's most likely a Purosangue test mule. Yes, Ferrari Purosangue is the terrible name reportedly being given to the upcoming vehicle that Ferrari will not want you to call an "SUV." But what we're looking at here is the body of a GTC4Lusso with some obvious SUV hints. Just look at the ground clearance and wheel gap on this thing. That's clearly not typical Ferrari style. The video was captured by SupercarsNews on YouTube, and is actually quite comical too. As soon as the driver of the Ferrari notices the videographer standing by the fence, he jumps on the brakes and backs out of there behind the cover of trees. All was for naught, however, because we got to see and hear the test mule anyways. We don't imagine the Purosangue SUV/crossover thing will end up looking like this when it comes out. It is the first physical "proof" of the Ferrari utility vehicle, though, with a launch sometime early in the next decade forthcoming. Unfortunately, the quality of the video is on the poorer side of things, so it's difficult to pick much out beyond the high ride height. The sound of a modern Ferrari engine is evidently there — we wouldn't doubt this car being offered with an electrified powertrain too eventually. There's no information on where this video was shot, but chances are the videographer is right next to Ferrari's home in Maranello with this kind of a vehicle out and about. So go ahead and watch the video above -- it's a pretty weird sight to see a lifted Ferrari. Related video: Rumormill Spy Photos Ferrari Crossover SUV Luxury Performance

Watch the Ferrari F8 Tributo in its first official videos

The Ferrari 458 Italia has played a core role for the Italian brand since its debut all the way back in 2009 and has been in a perpetual state of improvement throughout the 10 years. It has evolved through numerous stages and earned a new name at each step, from the Speciale to the 488 GTB to the Pista to the newest model, the F8 Tributo. Although each car has the same genes, every one has a slightly different look due to numerous aerodynamic tweaks and subtle bodywork changes. The new angles are obvious in the Tributo's first official videos released this week. The video above premieres the car in a mountainous environment with all the curvy roads one could ever need. It flips between close-ups of the car, driving shots, and hazy smoke-filled displays of power. The only negative is the super-quick cuts don't allow much time to stare. The videos below put the F8 Tributo's aerodynamics and power on display. Several parts of the Tributo's salacious body is functional, including the front S-Duct, the front splitter, the underside vortex generators, the beefier rear spoiler, and the rear diffuser. It also has some hidden tricks using active features. Overall, Ferrari says it has 10 percent better efficiency than the 488 GTB. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Power comes courtesy of a different 458 family member, the 488 Pista. They share Ferrari's twin-turbo 3.9-liter V8 that makes 710 horsepower and 568 lb-ft of torque. It's the most powerful V8 Ferrari has ever put in a car that wasn't part of a special series. Get more familiar by watching all three clips. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.