2011 White/white Ferrari California... One Of A Kind !! on 2040-cars

Auto blog

Ferrari to be spun off from Fiat Chrysler

The recently merged Fiat Chrysler Automobiles empire has ambitious plans for growth, and it's going to need some big bucks in its coffers in order to enact them. Part of that cash injection is coming from the floating of its IPO on the New York Stock Exchange, but now FCA has announced a further capital campaign to be based on the enormous asset that is Ferrari.
FCA's board of directors has just approved the separation of Ferrari from the rest of the group as a separate entity. Once that separation is complete, Ferrari will put 10 percent of its shares on the stock market "in the United States and possibly a European exchange" as well.
This isn't the first time that the idea of a Ferrari IPO has been raised. Sergio Marchionne, chief executive of Chrysler, Fiat and Ferrari (pictured above), first raised the idea four years ago. Former Ferrari chairman Luca di Montezemolo nixed the idea, but now that he's been discharged, it appears there's nothing to get in the way of Marchionne's desires.

Drive goes sideways, shreds tires in a Ferrari F12 Berlinetta

Ferrari has built a monster with its F12 Berlinetta, a V12-powered grand tourer that has the looks of a supermodel and the firepower of a small country. And while it's been on the scene for a minute, Drive's Chris Harris wasn't going to turn down the opportunity to hoon a 740-horsepower prancing horse around the scenic Anglesey Circuit in Wales.
In fact, not only was Ferrari nice enough to loan Harris the F12, but it threw in an extra four sets of tires, just for him to destroy while taking moving pictures. The resulting video is indeed one to watch, not just because of the ample amounts of slow-motion drifting, but because Harris, as always, does a great job of making the viewer feel like they're actually along for the ride. Take a look below for the latest video from Drive.

Watch 40 Ferrari F12s hit the Nurburgring at once

Of all the cars we'd love to drive around the Nurburgring, the Ferrari F12 Berlinetta ranks pretty high. It's got mountains of power sent from a smooth V12 at the front to a set of fat tires at the back, near-perfect handling balance, anchor-like brakes... we could go on and on, but the point is that it'd be a hoot to drive on any track, let alone the vaunted Nordschleife. As you can see from this video, the boys from Maranello evidently agree. This latest owners' meeting attracted 40 F12s (and at least one California T) to the Green Hell to see how their machinery could handle one of (if not the) most challenging racing circuits in the world. Ferrari's chief test driver Raffaele de Simone was on hand to drive some hot laps, and the owners had the chance to push their F12s to near their limits. The official video footage is a little overproduced, in typical style, and could do with a little less dramatic music and a little more of the unbridled engine and exhaust sounds for which Ferraris are known. But as far as the fantasy of gaining admission to such an elite cadre of supercar owners, this is about as close as most of us are likely to get. Related Video: