2019 Portofino on 2040-cars

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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.

F1's Raikkonen to race for Sauber as Leclerc brings youth to Ferrari

Kimi Raikkonen will not be going out of Formula One at the top, or even with a top team. The announcement on Tuesday that the 2007 world champion is leaving Ferrari, the sport's oldest, most glamorous and successful team, at the end of the season was only to be expected. Less so was the subsequent revelation that the 38-year-old "Iceman" had agreed a two-year deal to continue with Ferrari-powered Sauber in a swap with that team's Monegasque rookie Charles Leclerc. That will close a circle at least, the Swiss team being the ones who gave Raikkonen his debut in 2001 despite the powers-that-be fearing he was too inexperienced. And it will keep the Finn racing on into his 40s. It will also please Formula One's owners, already facing the retirement of double world champion Fernando Alonso, by keeping one of the best known and most popular drivers on the starting grid. But the days when Raikkonen could hope for poles and wins, already scarce even at Ferrari where Sebastian Vettel is the main contender and team orders have been applied, are surely over now. Sauber was last in 2017 and is ninth of 10 teams now, even if the signs are more encouraging than they were, and there is a likelihood that Raikkonen will now be simply making up the numbers. The Finn will still relish racing with less media attention and more freedom, while for Ferrari there are also clear benefits. For the first time in four years, they now have a new benchmark for four-time champion Vettel and a (very) young driver who represents the future rather than the past. Vettel has outperformed Raikkonen consistently since the pairing started in 2015 with the German's move from Red Bull, and the Finn is already 62 points adrift this season with seven races remaining. Raikkonen has been more competitive this year, taking nine podium finishes and pole at Ferrari's home Italian Grand Prix with Formula One's fastest ever lap, but there are those who question whether Vettel is being pushed hard enough. Some even wonder just how quick the German really is. Ferrari will hope that 20-year-old Leclerc, unless told to adopt a subservient role, can apply a bit more pressure and help answer those questions. The gamble is that the youngster's relative inexperience could impact, in the short-term at least, Ferrari's constructors' championship hopes as he finds his way under considerable scrutiny.

Ferrari 812 Superfast roadster on the way next year?

We'll lay this rumor here as a marker and compare it to future events. In a thread on the Ferrari Chat forum anticipating the reveal of the Monza SP1 and SP2, Ferrari expert Marcel Massini stopped by a few weeks ago to write, "Just wait till the 812 S Spider comes out (with a folding roof similar to the Portofino)." We don't know where Massini got his information, but he comes with credentials. The Swiss resident has been called "the world's leading Ferrari historian," documenting the Italian carmaker in books and articles for more than 35 years, and in 2014 he debunked the story of a 250 GTO for sale for $63 million because he knows where each of the 39 remaining GTO's are parked. If there's an 812 Superfast convertible on the way, the question is whether it will be another severely limited edition. Ferrari has lately been at its most restrained with V12 series production convertible models. The most recent was the F60 America, based on the F12 Berlinetta. That model was for the U.S. only, and Ferrari built 10. Before that, Ferrari made 80 examples of the 599 SA Aperta; this is the company that built 209 of the LaFerrari Aperta. The Ferrari 575M Superamerica, the first Ferrari with an electric hardtop, got 559 examples, and the brand made 448 models of the 550 Barchetta Pininfarina in 2001. You need to go back to the 1973 365 GTS/4 for the next-most-recent droptop V12. As for the roof mechanism, another forum member said he'd seen the car and the roof opens in the style of the mid-engined 488 Spider. On the Portofino, the entire rear decklid raises, the roof and backlight split in two, and a folding truss lays them upright in the trunk. The 488 roof also breaks in two, but it flips around hinges atop the B-pillar, resting upside down in a space above the engine. Mimicking the 488 for a front-engined GT would evoke the 575 Superamerica. That glass roof and backlight on that car were one piece that rotated around the B-pillar axis; when the roof was open, the underside of the roof was exposed. A bit of trivia: Leonardo Fioravanti designed the droptop 365 GTS and the roof mechanism for the 575 Superamerica. Yet another forum member said he attempted to place a deposit on a convertible 812S, but his dealer didn't know anything about the car, which isn't surprising. Related Video: Forum user gt_lusso wrote that the 812S Spider will come within 12 months.