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European Auto Group in Texas building a six-speed manual Ferrari 458

In February, European Auto Group in San Antonio, Texas, went public with our kind of wonder car: A Ferrari F430 Scuderia with a gated six-speed manual transmission. The standard F430 did offer a six-speed manual from the factory; the hardcore Scuderia version did not. It took a lot of work, and EAG apparently did the work right; Matt Farah called the coupe "The world's greatest Ferrari." CarBuzz spoke to EAG owner Art Bartosik about what's next, and Bartosik spilled just a bit of goss about the car he'll soon reveal: a Ferrari 458 with a gated six-speed manual. Whereas the 430 Scuderia didn't offer a stickshift, the 458 Italia wasn't even designed with one in mind. The 4.5-liter V8 with 562 horsepower and 398 pound-feet of torque only ever swapped gears with the Italian carmaker's dual-clutch F1 transmission. The 458 has a manageable 52 hp and 51 lb-ft more than the F430 Scuderia, but EAG needed to work up a gearbox to fit the available space. Bartosik didn't divulge how he made that happen for the 458. The reworked F430 Scuderia used all OEM Ferrari parts since they were available; not so for the later car. The DuPont Registry said EAG built "a transmission with upgraded synchros" to handle the additional power, had to find a suitable clutch and suggests the firm went through a lot of prototypes, but doesn't ID the gearbox source. All Bartosik would tell CB is that there's a limited supply and he'll "only be able to build around 10 or 11 of them." Seems there are already more customers than that ready to wire funds for purchase, unsurprisingly. Bartosik said, "People are screaming for a manual 458 and 488. If the demand wasn't there, we wouldn't do it." A final development car is a few months away, with customer builds scheduled to begin in January 2020. And what might EAG do after the run is complete? Maybe a six-speed manual Lamborghini Huracan, which owners have already asked about. "The Huracan should be easier than Ferrari," Bartosik said, "because there's hidden stuff in there that gives us more flexibility." Seems manual gearboxes, like life in "Jurassic Park," will always find a way.

Ferrari 400 Superamerica fetches record $7.6 million at auction

RM Auctions and its new partners at Sotheby's are no strangers to setting records at classic car auctions – especially when it comes to Ferraris. And now they've set another with the sale of this gorgeous 1962 Ferrari 400 Superamerica SWB Cabriolet. Sold as part of the father-and-son Paul & Chris Andrews Collection last weekend, chassis number 3309 SA fetched a whopping $7,645,000. That's a fair bit more than the similar, green over red, open-headlight example which the same auction house sold just a couple of months ago for $6.38 million, and far outstrips the $4,070,000 paid earlier this year at Gooding & Co.'s Scottsdale auction for a white Aerodinamico coupe. A 1963 Ferrari 400 Superamerica LWB Coupe Aerodinamico also sold for $2.86 million at the Andrews Collection sale. Succeeding the earlier 410 Superamerica, the 400 Superamerica was the Bugatti Veyron of its day: extremely expensive, exceedingly rare, and incredibly fast. Only 47 examples were made, seven of which were bodied by Pininfarina, and this was the last of them: a convertible with removable hard top and covered headlights. This was the show car which Ferrari exhibited at both the Geneva and New York auto shows upon its completion, originally in red over tan, before its first owner took it to the Bonneville Salt Flats. It subsequently bounced between a few owners over the following decades, undergoing restorations along the way and picking up numerous awards. It most recently served as the centerpiece of the Paul and Chris Andrews Collection in Fort Worth, TX, which RM Sotheby's liquidated over the weekend. The Superamerica was, of course, the top lot sold, but far from the only one: the auction featured another 15 seven-figure lots, including Packards, Duesenbergs, and more. All told, the event brought in a massive $53,887,585, setting a new record for a private automobile collection auction after every one of the lots sold.

Ferrari officially files SEC paperwork to register future IPO

Late last year FCA announced plans to spin off Ferrari into a separate company, and after a long wait that process has finally become official. The Prancing Horse has now filed the necessary prospectus and other documents with the Securities and Exchange Commission to hold an initial public offering on The New York Stock Exchange. The paperwork doesn't mention a specific date for the Italian sportscar maker's IPO, but it's expected sometime in October. At this point, the documents also don't include some other vital data about the IPO. Ferrari lists neither the number of shares being offered nor their price. The company also doesn't have a stock symbol yet. UBS, BofA Merrill Lynch and Santander are acting as joint book runners for the deal. As part of the IPO, FCA initially intends to sell 10 percent of Ferrari's shares on the stock market. Another 10 percent of the company still belongs to Piero Ferrari. FCA is holding onto the remaining 80 percent in the short term for financial reasons but intends to distribute them to shareholders in early 2016. After the spin-off, about 24 percent of Ferrari would be owned by Exor, 10 percent by Piero Ferrari, and 66 percent by public shareholders, according to the SEC documents. FCA boss Sergio Marchionne believes that Ferrari could be worth over $11 billion. Although, his estimate might be slightly high. According to Reuters, Wall Street is actually putting the value somewhere between $5.5 billion and $11 billion. If you're thinking about investing in the company or just want to read the nitty-gritty about the brand's financial health, the entire SEC filing can be read here. Ferrari Files for Initial Public Offering LONDON, July 23, 2015 /PRNewswire/ -- Fiat Chrysler Automobiles N.V. ("FCA") announced today that its subsidiary, New Business Netherlands N.V. (to be renamed Ferrari N.V.), has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ("SEC") for a proposed initial public offering of common shares currently held by FCA. The number of common shares to be offered and the price range for the proposed offering have not yet been determined, although the proposed offering is not expected to exceed 10% of the outstanding common shares. In connection with the initial public offering, Ferrari intends to apply to list its common shares on the New York Stock Exchange.