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Supercars To Go, Second Place: Ferrari 458 Italia

It costs $233,509, and it’s genuinely worth the money. That’s the first thing I want you to know about the Ferrari 458 Italia. The second thing is that, once again, I’m driving the wrong 458 for the job. Ferrari supplied RoadTrack with the 458 Speciale for Performance Car Of The …

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Geneva 2015: Ferrari 488 GTB Revealed

Sonny Crockett may have a new ride soon, now that the Ferrari 488 GTB has made its early debut at the 2015 Geneva Auto Show. The 488 GTB boasts a 3.9-liter turbo-eight pushing 660 horses and 560 lb-ft of torque to the back through a seven-speed dual-clutch auto, and is …

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Ferrari IPO Delayed Until October

When Sergio Marchionne picked the day for Ferrari’s IPO, it looks like he may have ignored the lawyers. An offering of 10 percent of Ferrari on the open market, originally scheduled for this month, has been pushed back to October. From the WSJ (via Business Insider): “The attorney told me we …

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Fiat Chrysler Files IPO to Spin-off Ferrari

Fiat Chrysler Automobiles formally filed its initial public offering on Thursday to spin off Ferrari into its own separate company. The filing doesn’t specify price or number of shares to be offered when the shares are publicly available sometime after Oct. 13. Roughly 10 percent of the company will be publicly traded, …

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Ownership Update: Time To Buy a New (To Me) Car

Rather than begin in media res, let’s recap: I sold my first Porsche 911 (a “993” as they call it, which means it was built sometime from 1995 to 1998 and was the last version of the 911 to feature air-cooling; mine was a 1996) to a nice guy in …

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Fields Are Fertile For Now, But Marchionne Has a Long View

Farmers are the ultimate craftsman when it comes to small-scale production. The level of management needed to stay competitive and above the high water line is, simply put, astounding. Consolidation in certain areas of agriculture has lead to factory farming, the widespread adoption of automation and genetically modified seeds that …

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Ferrari Reaching For $12.4B Valuation for IPO

The supercar maker may be valued at more than $12.4 billion ahead of its initial public offering, which could happen as early as Friday, Bloomberg (via Automotive News) reported. Ferrari may price its shares Friday night when it offers 10 percent of the Maranello-based automaker to the public. The remaining ownership …

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Your First Ferrari (Share) Priced As Low As $48

Fiat Chrysler Automobiles on Monday finally priced its initial price offering for Ferrari at $48 and $52 per share for 10 percent of the luxury carmaker when its stock goes sale, the Detroit News reported. The pricing values Ferrari at roughly $9.8 billion — less than the $12 billion reported last …

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TTAC on The Trading Floor: Ferrari Good, Tesla Bad*

According to The Truth About Cars’ stock exchange bureau chief, Ferrari is good and Tesla is bad today.* Tesla shares have dropped 10 percent on news today that Consumer Reports would pull its “Recommended” rating from the Model S because of concerns about the car’s reliability. That’s bad. Also, initial …

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