Ferrari Mondial Daytona Interior - Flares And Chairs - Tons Of Extras on 2040-cars

Auto blog

Ferrari IPO could come any day now

According to Bloomberg, Fiat Chrysler Automotive Sergio Marchionne told reporters at the Toronto Global Forum that the Ferrari IPO could come any day now. "We are days away from filing the prospectus," said Marchionne, who declined to confirm whether rumors of involvement from UBS Group AG, JPMorgan Chase & Co and Goldman Sachs Group were accurate. In addition to an expected filing in New York, Marchionne hinted that a secondary filing could take place in Milan, Italy. Although the FCA Chief Executive didn't offer any expected sum for Ferrari, he had previously suggested that an IPO for the iconic Italian brand could be worth $1 billion, ringing the registers to the tune of 10 percent of the company's $11 billion valuation. According to Bloomberg, that potential sum is significantly higher than its own internal figures indicate after taking a poll of analysts who we assume must know a heck of a lot more about such things than we do. Considering how close we apparently are to the actual filing, though, we probably won't have to wait long to find out. Another hot topic any time Sergio is the subject of reporter questioning is a potential merger with General Motors or another large, full-line automaker. It seems there aren't any new revelations to reveal on the consolidation front, though Marchionne told reporters there were no plans to mount a hostile takeover of GM or any "other, less optimal" partners. Related Video: News Source: BloombergImage Credit: STR/AFP/Getty Earnings/Financials Chrysler Ferrari Fiat Sergio Marchionne FCA

Ferrari is debuting a new car Thursday

In a social media blast across its Twitter, Instagram and Facebook accounts, Ferrari released a seven-second teaser for a new car that is set to debut Feb. 28. A few subtle details hint at what it might be. Accompanying the short teaser clip were two short sentences: "Tomorrow, the Prancing Horse family welcomes a new member," it says. "Make room for new thrills." The clip flashes several up-close parts of the car including a grille, an air intake, a steering wheel with paddle shifters, a drive mode selector, a tachometer, and the top of an engine. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The engine is the most revealing part of the clip. It appears to be the V8 from the 488 Pista, which separates itself visually with carbon fiber covers, rather than the red covers seen in other Ferraris. If it is indeed that V8, it could potentially align with the report that Ferrari would be debuting a hybrid V8 supercar this year. This would just be sooner than we were expecting it. A secondary intriguing part of the video is the gear selector. The clips shows the normal modes seen on other Ferraris, including Wet, Sport, Race, CT off, and Esc off. But there's a sixth blurry white spot, which could be absolutely nothing, or it could indicate another type of driving mode. What would be important enough to add a driving mode? Maybe a hybrid? All we can do is speculate, but thankfully, only for a day more. Check back for the full reveal and full information on Feb. 28. Related Video: News Source: Ferrari Auto News Ferrari Coupe Performance Supercars supercar ferrari 488 pista

Ferrari return to Le Mans looking more likely?

Statements made by Ferrari president Luca di Montezemolo may indicate that the Italian brand could return to a form of racing it's been absent from for 40 years - prototype racing. That's right, LMP1 could see a factory Ferrari team for the first time since 1973, if a report from ESPN F1 is to be believed.
"We have won with the 458 GTE, but I also quite like the idea of racing at Le Mans in the highest category: who knows, maybe one day we can return and win, say thanks and come home," Montezemolo said. "Maybe we should give it some consideration..."
These seemingly idle, off-hand comments might not hold much water, were rumors about Ferrari's return to prototype racing not swirling as recently as August. There's also the fact that the upcoming, 1.6-liter, turbocharged V6 being used for Formula One complies with the Automobile Club de l'Ouest's own LMP1 regulations, according to ESPN. Finally, Ferrari returning to Le Mans might also explain this video of a camouflaged Ferrari LaFerrari testing a new turbocharged engine, which we showed you a few weeks back. There's a fair chance that what we're actually seeing in that video are the early stages of a new Ferrari prototype testing.