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Modena opens new Enzo Ferrari museum

Enzo Ferrari was one of the 20th century's racing icons, and on the 116th birthday of its founder, Ferrari opened a lavish new wing of the Enzo Ferrari Museum in Modena, Italy. The new hall is shaped like the hood of a '50s Ferrari racer on the outside and contains a century's worth of the brand's history inside. Ferrari Chairman Luca di Montezemolo and Enzo's son, Piero Ferrari, dedicated the new building on February 18.
The Enzo Ferrari Museum existed previously as two buildings, including Enzo's childhood home and his father's workshop, but the new building was created to display the Prancing Horse's full history. Projectors display images and films of Enzo's like across its walls and floors, and the cars on display represent Ferrari's most important as a driver and constructor over the past century.
The new gallery is meant to compliment the Museo Ferrari in nearby Maranello. Enzo's museum focuses squarely on Ferrari's past, and the other concentrates on brand's present and future, while still displaying some important classic models. Both will be open every day, expect for Christmas and the New Year.

2020 Ferrari F8 Spider loses its roof for Frankfurt

The inevitable has, well, happened: The F8 Tributo has received a drop-top twin in the form of the 2020 Ferrari F8 Spider. It's pretty much exactly what you would expect. Most of the body is identical to the Tributo except for the power retractable hardtop that replaces a targa-style roof panel and the rear window, leaving large flying buttresses with the top down. The drawback to the removable roof is that you can no longer view the engine through the window, as that panel also hides the top and mechanisms. Powering the F8 Spider is the same turbocharged 3.9-liter V8 as the coupe. It still makes 710 horsepower and 568 pound-feet of torque. It's a high-revver, too with a redline of 8,000 rpm. The V8 is coupled to a 7-speed dual-clutch transmission. Being a convertible, the Spider does add an extra 154 pounds over the coupe, and thus is a touch slower. The 0-62 mph time is unchanged at 2.9 seconds, but on the way to 124 mph, the Spider takes 8.2 seconds versus the coupe's 7.8 second time. It does have the same 211 mph top speed as the coupe, though. Pricing and availability have not been announced for the F8 Spider. We expect it will have a price premium over the coupe's $274,280 base price.

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.