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Brazilian F1 driver Felipe Massa to retire at end of 2016 season

Williams Formula One driver Felipe Massa announced plans to retire at the end of the 2016 season ahead of the Italian Grand Prix. After 14 years in F1, the 35-year-old Brazilian driver competed in 242 races and won 11 grands prix over his tenure, placing him in the ranks as one of the most experienced drivers in the sport. The last race of the 2016 season in Abu Dhabi will be Massa's 250th race, capping off a career where the Brazilian drove for Sauber, Ferrari, and, most recently, Williams. In an emotional video, which was posted on his Facebook, Massa confirmed that he would be leaving Formula One and provided some insight into his lengthy career. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The move to announce his retirement before the Italian Grand Prix was a premeditated decision as it was the same location where Michael Schumacher (who was a large influence on Massa) announced his retirement. Massa also spent numerous years behind the wheel of a Ferrari F1 car and came extremely close to winning the title in 2008 in one. The Italian Grand Prix, then, is the ideal spot for the announcement. Massa's career, which the F1 driver claims has given him "great pride, joy and happiness," started in 2002 with the Swiss-based Sauber team. In his first season, Massa scored four championship points and went on to spend the following season as one of Ferrari's test drivers. For the 2004 season, Massa rejoined Sabuer's lineup alongside Giancarlo Fisichella, where he finished with a total of 12 championship points. The 2005 season was Massa's last with Sauber as the Brazilian was partnered with former champion Jacques Villeneuve, but still managed to score a total of 11 championship points. The 2006 F1 season started the most successful part Massa's career. Massa partnered with the legendary Schumacher, where the Brazilian won his first F1 race in Turkey. Ferrari retained Massa for 2007 to drive with Schumacher's replacement, Kimi Raikkonen, who would go on to win the Driver's Championship by one point. The next year, 2008, was Massa's most memorable with the driver losing out on the championship by a single point to McLaren's Lewis Hamilton. In 2009, Massa was involved in a life-threatening accident in qualifying for the Hungarian Grand Prix where the driver was struck in the head by a loose spring from Rubens Barrichello's vehicle.

Marchionne's FCA-GM merger might come after Ferrari spinoff

Sergio Marchionne is continuing to rumble about working out a merger with General Motors, but don't expect anything big to happen before at least early next year. That's because Marchionne would likely wait for the Ferrari spin-off to be complete before beginning his next big deal, according to Automotive News. While the Ferrari IPO on the New York Stock Exchange is expected in the coming weeks, that only concerns 10 percent of the shares. The remaining 80 percent of stock is being distributed among shareholders in 2016. Piero Ferrari holds the final 10 percent with no intention to sell. This strategy allows FCA to claim 80 percent of the Prancing Horse's profits in the automaker's 2015 financial results. According to Automotive News, the tactic has other advantages, as well. FCA would be flush with cash by waiting for the spin-off to be complete, and it would keep Ferrari separate if a GM merger actually happens. Marchionne thinks Ferrari could be valued at over $11 billion in the IPO, and it could make FCA $3.3 billion richer when complete. Marchionne believes a combined FCA/GM could sell 17 million vehicles a year globally and rake in $30 billion in earnings. In the CEO's opinion, the two automakers are wasting money by developing components to do the same things on their vehicles. Although, so far the General's top execs are rebuffing all of his advances.

Ferrari celebrates 10 million Facebook fans, animates Montezemolo

Kia has 2.1 million fans on Facebook, though we'd wager that far more people worldwide own Kias than are fans of the Korean automaker's page. On the other hand, Ferrari, whose owners number just a lucky few, has a legion of fans counted in the millions. In fact, the Facebook page for the Italian automaker just surpassed 10 million Likes.
To celebrate this social media milestone, Ferrari has put together this cute little video below, featuring chairman Luca di Montezemolo, as well as a few other animated guest appearances.
For comparison's sake, major corporations like Pepsi have 9.1 million fans, Kohl's has 9.7 million fans, and Wal-Mart has 25+ million fans. For a car company that sells a few thousand units a year, 10+ million upstretched thumbs is quite the following.