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Marchionne could become Ferrari CEO

Don't think that just because FCA is spinning off Ferrari into a separate company that Sergio Marchionne is giving up any control. Not only is he already chairman of the Prancing Horse, but he might also become its next CEO after Amedeo Felisa steps down, anonymous insiders claim according to Automotive News Europe. The dual roles would put the sportscar brand's future in Marchionne's hands, while he continues to run FCA. Rumors of Felisa stepping down emerged in July, but Ferrari never made an official announcement. The reports suggested that he could leave in September. Execs at the Prancing Horse are now working to decide on a replacement, but there's nothing official in place yet, according to Automotive News Europe. Felisa might maintain an advisory role after retiring, as well. If Marchionne takes charge, the move would come just as Ferrari becomes a newly independent entity. The Prancing Horse's necessary paperwork is already filed with the US Securities and Exchange Commission, and the IPO is expected in October. Marchionne took over as Ferrari's chairman last year after Luca di Montezemolo's resignation. As boss, he intends to increase production to 10,000 units a year from 7,000 annually under Montezemolo. Among the projects in development is a revived Dino. Related Video:

Why newly independent Ferrari may be forced into fuel-efficient cars

The repercussions from Ferrari's pending transition into an independent automaker won't be understood for some time, but one of the biggest consequences could be that the iconic Italian marque will be forced into building more fuel-efficient vehicles.
As Wired points out, while Ferrari built fewer than 7,000 cars in 2013, its status as a public company could trigger pressure from shareholders to build more six-figure supercars and grand tourers. In turn, doing so could lead the company afoul of US Corporate Average Fuel Economy standards, which dictate that any company that sells over 10,000 vehicles needs to maintain a certain fuel economy average across its fleet or risk fines.
With arguably its most popular model, the 458 Italia, hitting just 17 miles per gallon on the highway and its most efficient model, the turbocharged California T, stuck at 18 mpg, Ferrari isn't in a great place to hit the government's mandates (which are somewhat convoluted as Wired explains). The gist of the situation is that Ferrari will either need to continue limiting the number of vehicles it sells each year - a move that's certain to upset shareholders and irk its boss, Sergio Marchionne - or radically improve the fuel economy of its cars at the risk of performance. Rock, meet hard place.

Ferrari Dino prototype will go for auction at Pebble Beach

Following the announcement of a Duesenberg that could go for more than $10 million at Pebble Beach, we have yet another historic car headed for the auction block at the venerable event. This is a 1966 Ferrari Dino Berlinetta GT, and it was the second prototype designed. It previewed the production 206 GT, and it could be yours if you have the means. While the car looks very close to the production coupe, there are quite a number of differences. Compared with the production car, the prototype has its turn signals below the grille, and the taillights consist of three round lenses rather than two. They have a chrome rectangular background, too. The entire body looks to be a bit longer than the production car. Part of this may have to do with the fact that the 2.0-liter V6 in the middle is mounted longitudinally. In the production Dino, the engine was mounted transversely. The body has a more tapered tail, too, one that has less of a duck-tail spoiler integrated. Additional details not found on the production car are the chrome bars across on the side strakes and the large single windshield wiper. Even with these detail changes, the Dino prototype is still gorgeous, maybe even more so than the consumer version. Now we come to the part of the post where we discuss the car's high price. For this rare piece of Ferrari history, Gooding and Company expects someone will spend between $2 million and $3 million. Obviously that's a lot of money, in fact it's twice what the Ferrari Aperta cost when it launched. But this is a truly one-of-a-kind car, and it has an important place in history in helping give us the first mid-engine V6 Ferrari. So, it might be worth it. If you agree and have the cash, be sure you get to the Gooding and Company auction on Aug. 24-25. Related Video: Featured Gallery 1966 Ferrari Dino Berlinetta GT prototype View 9 Photos Image Credit: All images copyright and courtesy of Gooding & Company. Photos by Mathieu Heurtault Ferrari Auctions Coupe Concept Cars Classics Pebble Beach ferrari dino