1983 Ferrari Mondial T Cabriolet For Sale~only 9987 Miles~4 Seater~only 2 Owners on 2040-cars

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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.

Mansory 4XX Siracusa is the carbon-fiberphile's Ferrari

We've already said the best thing about the Geneva Motor Show are the exotics on display. There's a new Koenigsegg, a successor to the Bugatti Veyron, the latest Aston Martin grand tourer, and even a pretty bad-ass Chevrolet Corvette. But for every good high-performance car, there are more, um, questionable decisions. This is the Mansory 4XX Siracusa, and it's what happens when someone decides the Ferrari 488 GTB isn't as extreme as it should be. The 3.9-liter, twin-turbocharged V8's output has been increased from 661 horsepower to 790 ponies, while torque is up from 561 pound-feet to 643 lb-ft. These are improvements we can support, but the impact on stopwatch performance isn't quite enough – Mansory claims the 4XX Siracusa will hit 60 in just 2.9 seconds and keep going to 212 miles per hour. But for those keeping track at home, the question with the Mansory is whether a tenth-of-a-second improvement and an extra seven mph on the high end is enough to warrant the, ahem, unique design direction of this aftermarket offering. You need to really like carbon fiber to enjoy the 4XX. Like, a lot. Because Mansory has gone beyond even Ferrari's optional carbon-fiber treatments, finishing the front splitter, rear diffuser, roof, pillars, mirror, fender vents, sills, intakes, taillight surrounds, parts of the hood, the spoiler, and both rear wings in the stuff. Then, if that wasn't eye-catching enough, the entire car gets a more aggressive body kit and very, very yellow paint. It's just too much. You can check out the full set of live images of Mansory's take on the 488 GTB from the floor of the Geneva Motor Show at the top of the page.

1957 Ferrari 335 S could set auction record at $30+ million

This car that could set the record for the highest price to be paid for an automobile at auction in 2016 – by the second month of the year, no less. It's a 1957 Ferrari 335 S Spider, and it's going up for sale at Artcurial in Paris next month, with an estimate topping $30 million. Though it may look a lot like the iconic 250 Testa Rossa that came out the same year, chassis number 0674 actually started out its life as a 315 S and fitted with coachwork by Scaglietti. After finishing sixth at Sebring and second in the Mille Miglia, it returned to Maranello and was upgraded to 335 S spec. The 3.8-liter V12 was enlarged to 4.1 liters, and its output swelled from 360 horsepower to nearly 400. Mike Hawthorn drove it at Le Mans that year, leading the race and setting a lap record before dropping down to fifth with mechanical troubles. It went on to compete in several more events as part of the factory Scuderia, helping it secure the title in 1957. It was then sold to famed US importer Luigi Chinetti who campaigned it for another couple of years, winning (among others) the 1958 Cuba Grand Prix with Stirling Moss and Masten Gregory behind the wheel. The 335 S was ultimately sold to noted collector Pierre Bardinon. Asked once why he didn't have a factory collection, Enzo Ferrari once said he had "no need" because "Bardinon has done it for me." That's high praise indeed, and the car remained one of the highlights of the Bardinon collection for over 40 years. Having liquidated the Baillon barnfind collection last year, the auction house estimates that this 335 S will sell for $30-34 million. That would not only set the bar very high for the year ahead, but could make it one of the highest price ever paid for a car at auction. 2014 saw a Ferrari 250 Testa Rossa sell for nearly $40 million, and a 250 GTO for $38 million. Behind them is Fangio's Mercedes W196 Silver Arrow that sold for nearly $30 million in 2013. The auction is set to take place during the Salon Retromobile in the French capital on February 5th. Among the other Prancing Horses that Artcurial has corralled for the event include a 1963 Ferrari 250 GT SWB Berlinetta (estimated at $10–13.2m), Gianni Agnelli's unique 1986 Ferrari Testrossa Spider ($750k-1m), and a 1962 Ferrari 250 GT Cabriolet Series 2 that belonged to the King of Morocco ($1.5-1.9m). So if it's a multi-million-dollar Ferrari you're after, Paris will be the place to be in a couple of weeks.