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$64M Ferrari 250 GTO could be a fake

Remember that Ferrari 250 GTO that we reported on last week, supposedly listed on mobile.de for $64 million? Well, don't go putting down your deposit just yet, because it might be a fake.
According to noted Ferrari expert Marcel Massini, the vehicle listed on the German used-car website is a replica. "I can tell you that with 100 percent certainty," Massini told CNBC. "I know where all of these cars are today. And this is not one of the original GTOs."
Of course "replica" is a relative term when it comes to 250 GTOs. Other authentic classic Ferraris are sometimes rebodied to look like a GTO, but while they're not real GTOs, they are real Ferraris. We reported on such an "Evocazione" example (pictured above) based on a '65 Ferrari 330 GT a few years ago, around the same time that Matt Farah came across one based on a 365 GTB/4 Daytona alongside a Ford GT as well.

Lewis Hamilton wins Russian Grand Prix in 1-2 victory for Mercedes

SOCHI, Russia — Lewis Hamilton coasted to a comfortable victory and led a Mercedes one-two finish at the Russian Grand Prix on Sunday to tighten his grip on a sixth World Championship. In a calamitous few laps for Ferrari, the Italian team threw away a possible one-two finish of its own after Sebastian Vettel broke down and Charles Leclerc dropped from first to third. Valtteri Bottas followed teammate Hamilton home at the Sochi Autodrome as Mercedes secured the full quota of points. Hamilton now leads Bottas in the championship by 73 points. Leclerc is 107 points behind the British driver. Max Verstappen finished fourth ahead of Red Bull teammate Alex Albon, who started last after he crashed out during qualifying. "What an effort, guys," said a jubilant Hamilton on the radio after the race. "What an incredible job. That is exactly what we needed. We never give up." Ferrari had already got themselves into a needless mess before Vettel retired with an engine failure on lap 28. Vettel got the jump on pole-sitter Leclerc on the long drag down to the second corner but a curious pre-race arrangement had Leclerc calling for the roles to be reversed. It appears that the team had agreed that if Vettel benefited from Leclerc's slipstream and moved ahead of the Frenchman off the start line, he would have to concede the position. Ferrari were on the radio to tell Vettel to let Leclerc by, but the four-time world champion resisted the order. Leclerc protested over the radio. "You put me behind and I respected everything," he said. "We will talk later." The Ferrari pit wall were on to Vettel again, but again the German refused to let his teammate pass, fearing that he would be exposed to Hamilton in third place if he slowed down. Leclerc was the first to stop on lap 22, but instead of calling in Vettel the next time around Vettel was left on old tires as his teammate put in several fast laps on his fresh tires. Four laps after Leclerc pitted, Vettel was eventually called in and by the time he emerged he had fallen behind his teammate and into second place. Just moments later disaster struck as Vettel broke down with an engine failure. It was then to get worse for the Scuderia. With Vettel's broken down machine in a precarious position, the virtual safety car was deployed to slow down the field, allowing Hamilton, who had yet to pit, a free stop for tires and the lead of the race. George Russell then crashed out in his Williams and the full safety car was deployed.

Ferrari and FCA are officially separated

It's been a long time in the making, but it's officially happened: Ferrari is no longer part of Fiat Chrysler Automobiles. Following the Italian automaker's initial public offering, it has officially split off from its former parent company. As part of the spin-off, FCA's stakeholders will each receive one common share in Ferrari for every ten they hold in Fiat Chrysler. Special voting shares will be distributed in the same proportions to certain shareholders as well. Those shares being distributed will account for 80 percent of the company's ownership. Another ten percent was floated as part of the company's IPO, while the remaining 10 percent is held by Enzo's son Piero Ferrari (pictured above at center), who serves as vice chairman of the company. The shares will continue to be traded under the ticker symbol RACE on the New York Stock Exchange, and will begin trading this week as well under the same symbol on the Mercato Telematico Azionario, part of the Borsa Italiana in Milan. Since the extended Agnelli family headed by chairman John Elkann (above, right) holds the largest stake in FCA, expect it to continue controlling the largest portion of Ferrari shares as well. Between them, nearly half of the shares in the supercar manufacturer – and we suspect a little more than half of the voting rights – will be controlled by the Agnelli and Ferrari families, who are expected to cooperate to ensure the remaining shareholders don't attempt a takeover of the company. Similar to its former parent company, which operates out of Turin and Detroit, the Ferrari NV holding company is nominally incorporated in the Netherlands, but the automaker will continue to base its operations in Maranello, Italy. That's where it's always been headquartered, on the outskirts of Modena. For the time being, Sergio Marchionne (above, left) remains both chairman of Ferrari and chief executive of FCA – a position to which he is not unaccustomed, having previously headed both Fiat and Chrysler before the two officially merged. Related Video: Separation of Ferrari from FCA Completed LONDON, January 3, 2016 /PRNewswire/ -- Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) and Ferrari N.V. ("Ferrari") (NYSE/MTA: RACE) announced today that the separation of the Ferrari business from the FCA group was completed on January 3, 2016. FCA shareholders are entitled to receive one common share of Ferrari for every 10 FCA common shares held.