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By Caitlin Duffy –  July 06, 2015

Ferrari Estimated to be Valued at $11 Billion for IPO

There have been plans in the works for Ferrari to become a publicly traded company for quite some time, but CEO of Fiat Chrysler Automobiles NV Sergio Marchionne has released some concrete details about this shift in ownership.As Bloomberg Business reports, Marchionne announced the estimated value of Ferrari during the Fiat 500's unveiling July 3. It stands at "at least 10 billion euros," or approximately $11 billion USD, an amount that could account for 60 percent of FCA's total value. Of course, only 10 percent of the company will be made available to public investors, a move consistent with the marque's emphasis on scarcity and rarity in determining value.(See Also: Ferrari 488 GTB Takes on Hairpin Roads)To become a publicly traded company in the New York stock exchange, Ferrari is being listed as a Dutch holding with finances headquartered in the United Kingdom. Though production will continue to occur in Maranello, these changes of address push the brand closer to becoming a truly international company. Chairman of Ferrari, Sergio Marchionne, and former Chairman of Ferrari, Luca di Montezemolo.There is some concern that the change in ownership could alter the brand's long-term value, with many fearing the design direction and commitment to F1 racing will fall to the wayside in the hunt for revenue. Yet the fact that just a 10 percent stake is being made available makes this unlikely. If this single marque represents 60 percent of FCA, which owns Dodge, Chrysler, Alfa Romeo, Jeep, Ram, SRT, Fiat and more, it's safe to say they're aiming to preserve Ferrari's current formula for success.Stay with us for more information about this upcoming initial public offering, and find your own Ferrari from our exclusive listings below.Ferraris For Sale (Source: BloombergBusiness) See More Ferrari News

By Caitlin Duffy –  July 01, 2015

High-Speed Ferrari FXX K Hillclimb at Goodwood

Ferrari was out in full force over the weekend of June 26 for the Goodwood Festival of Speed, bringing a total of 96 cylinders to the Supercar Paddock.Their full fleet of XX vehicles were in attendance, and as a June 28 press release from the marque tells us, all three, the FXX, 599XX and FXX K, completed the hill climb in their first appearance at the world-famous automotive festival.The FXX K was first introduced in December 2014, when it was announced as upgraded, track ready take on the already impressive LaFerrari. 1,035 hp and 663 lb-ft comes from the addition of new camshafts and modification of the LaFerrari's valve train, intake manifolds and exhaust system. It has only been seen on the track a few times since its $2.7 million price tag and 32 example production run were announced, but the Hill Climb provided a fantastic opportunity to see it in action.BalticMotorSport had a chance to share a YouTube video June 30 of the FXX K taking its turn around the track, which you can see above. As the Ferrari press release tells us, it was followed by the LaFerrari, F12berlinetta, 488 GTB and California T.(See Also: 15 LaFerraris Gathered for Ferrari Cavalcade Rome)Check out the video above to see the FXX K in action, and when you're finished, find your own perfect Ferrari from our exclusive listings at the button below.Ferraris For Sale(Source: YouTube, Ferrari) See More Ferrari News

By Caitlin Duffy –  June 30, 2015

15 LaFerraris Gathered for Ferrari Cavalcade Rome

The city of Rome was flooded with the world's finest Ferraris as the fourth annual Ferrari Cavalcade made its way through town.From June 25 to today, 200 guests gathered with their prancing horses to explore the streets inside and around Rome, representing 100 different Ferraris from 37 different nations gathered in one place. A series of press releases issued each day of the event from Ferrari shared images and updates from the road and city, where each participant enjoyed a version of "La Dolce Vita" that not even Fellini could have imagined.Included among those 100 Ferraris were 15 LaFerrari examples, making for what might be the largest single gathering of the model outside of the factory walls in Maranello. Of course, with such a large gathering of beautiful and rare cars, a large gathering of photographers and car spotters followed.Marchettino was there with a video camera in hand, capturing a video that he added to YouTube June 28. June 29 posts to effeNovanta's Facebook page showed their shutter was snapping away, catching the LaFerraris lined up and preparing for some time on the track.Check out the images from the 2015 Rome Cavalcade in the gallery below, shared by effeNovanta and Ferrari, and when you're finished, find your own Ferrari for the August 10-14 Cavalcade, which starts in San Francisco, California, and ends wtih a drive to the Big Basin Redwoods State Park. Learn more about the upcoming event at www.Cavalcade.it, and browse our exclusive listings for your own Prancing Horse.Ferraris For SaleGallery (Source: Ferrari, Facebook, YouTube via WorldCarFans) See More Ferrari News

By Edward Jones –  June 29, 2015

Rare Ferrari F12 TRS Spotted in Rome

For the Ferrari Cavalcade 2015, a group of 100 of the automaker's finest automobiles journeyed through the Italian countryside, stopping at racetracks and historic buildings.(Related:Aston Martin Vulcan’s Lap Around Goodwood and Burnouts)One of the 100 cars that stood out was a new Ferrari F12 TRS, a model that was meant to be a one-off, but now has three examples.These images come to us from TheSupercarKids.com and V12SupercarsFotography. The example of the F12 TRS captured in the provided images is the only one finished in a grey paint and has redesigned headlights. Additionally, the bonnet of the car has an empty space above the V12 engine, exposing the monstrous engine.Also, there is word around the internet that a new Ferrari F12 GTO is headed to Frankfurt. Stay with us for more information on the matter.Gallery TheSupercarKids.com, V12SupercarsFotography)More Ferrari News

By Edward Jones –  June 25, 2015

Novitec Rosso Ferrari California T N-Largo Unveiled

Aftermarket Ferrari tuner Novitec Rosso has unveiled the California T N-Largo. According to a June 23 article by World Car Fans, this kit for the turbocharged Ferrari features a carbon fiber widebody conversion kit that was developed in cooperation with German designer Vittorio Strosek. The front fenders add six centimeters to the front-axle's width, while the rear fenders add eleven centimeters to the back end. All of this added width makes room for the three-piece Novitec Rosso N-Largo NF5 NL alloy wheels. Matching side skirts are also included. (Related: Tailor Made Ferrari California T to be Showcased at Goodwood) Aside from aesthetic touches, the new N-Largo has added power underneath its hood. Through a retune of the 3.8-liter twin-turbo V8 engine, the car's power is increased by 108 hp and 71 lb-ft of torque to a total of 668 hp and 642 lb-ft. The added power gives the California T N-Largo the ability to sprint from 0-62 mph in just 3.2 seconds and hit a top speed of over 201 mph. To make all of this power sound even better than before, Novitec is also offering a stainless-steel high-performance exhaust system that sounds brutal. Price points for the kit have not been issued yet, but stay with us for more information as it is released. Gallery (Source: WorldCarsFans.com) More Automotive Aftermarket News

By Caitlin Duffy –  June 24, 2015

Tailor Made Ferrari California T to be Showcased at Goodwood

Ferrari's Tailor Made program has unveiled some stunning creations in the past, each more stunning and visually arresting than the last, and their newest product from the program is no exception.As a press release release from the Italian luxury auto maker tells us, they're set to bring a Bianco Italia California T to the Goodwood Festival of Speed, which runs from June 25-28. This stunning California T pays homage to the game of polo, most notably through the double-asymmetric Blu Hellen stripe on the left side of the car.Blu Hellen appears again on the 20" forged wheels, as do Argento Nürburgring accents. The interior is dominated by the warm color of Blu Sterling, with Bianco accents bringing the body color to the interior.Take a moment to check out this stunning example from Ferrari's program in the images below, then find yourself your perfect California T from our exclusive listings.Californias For Sale Gallery (Source: Ferrari) See More Ferrari News

By Edward Jones –  June 24, 2015

Ferrari F12berlinetta vs 599 GTO Drag Race

It's always interesting when you see a car take on its predecessor. In this case, it's the Ferrari 599 GTO taking on the F12berlientta that replaced the 599 grand tourers.(Related: Ferraris vs. a Snowmobile at Modball Rally 2015)In a video uploaded by DragtimeInfo June 19, the two cars face off in a drag race that takes them to speeds over 160 mph. Before you watch the race, check out the quick specs below to see how they stack up against each other.Ferrari F12berlinetta 6.3-liter V12 Engine 730 hp and 509 lb-ft of torque 7-speed dual-clutch automated manual 227mph top speed 0-62 mph time of 3.1 seconds F12berlinettas For SaleFerrari 599 GTO 6.0-liter V12 engine  670 hp and 457 lb-ft of torque 6-speed automated manual 208 mph top speed 0-62 mph time of 3.1 seconds 599 GTOs For SaleWere the results what you expected? Leave your thoughts and the drag race you want to see in the comments below.Editor's Note: Do not attempt to recreate anything seen in the video above unless on a closed course under professional supervision. The editors at the duPont REGISTRY do not condone any illegal street activity, and remind you to always obey local traffic laws.(Source: YouTube via MotorAuthority) More Ferrari Videos

By Edward Jones –  June 23, 2015

Ferraris vs. a Snowmobile at Modball Rally 2015

When you think of a snowmobile, you, naturally, imagine them on the snow. But we are humans: defiant and creative. Because of these traits, the Modball Rally 2015 ended up pitting Ferraris against a snowmobile at the Varano de' Melegari racetrack in Italy with no snow to be found.The snowmobile first takes on a Ferrari F430 Spider and then races against a Ferrari 458 Spider, giving quite a fight in both pulls. What's surprising about the drag races is the results.To give you an idea of the amount of power this snowmobile is taking on, here are some brief specs.Ferrari F430 Spider 4.3-liter V8 engine 483 hp and 343 lb-ft of torque 6-speed auto-clutch manual 193 mph top speed 0-60 mph time of 3.9 seconds F430 Spiders For SaleFerrari 458 Spider 4.5-liter V8 engine  561 hp and 398 lb-ft of torque 7-speed F1 dual-clutch transmission 199 mph top speed 0-62 mph time of <3.4 seconds 458 Spiders For SaleNow that you know what these cars are packing, check out the video below to see how it all plays out. Leave your thoughts about the race in the comments below.(Source: YouTube) More Ferrari Videos

By Edward Jones –  June 22, 2015

Unique Ferrari Testa D'Oro Colani For Sale at $1.7 Million

The Ferrari Testa D'Oro Colani is a strange sight, but underneath the sloping design is a story and a mean twin-turbocharged 12-cylinder engine.The car was created back in 1989 by Luigi Colani, a German industrial designer. He designed the car to overtake the land speed world record and the Bonneville Salt Flats, hence the long and slipstream shape. Powering the car is the previously mentioned twin-turbocharged 12-cylinder engine. BoldRide dug into its history in a June 19 article, sharing some of this car's more fascinating details.This engine was taken from the Testarossa, but the turbocharger were obviously implemented into the powertrain. Overall, the car pumped out 739 hp and 600 lb-ft of torque.(Related: Venenos, Huayras, Veyrons & More at Blancpain Endurance Series)For the sake of comparison, the powerful F12berlinetta produces 731 hp and 508 lb-ft of torque.Unfortunately, the car never took the crown as the fastest car on the Salt Flat, but it did leave an impression. So much of an impression, in fact, that some sources are reporting that it will sell for $1.7 million. While this monetary figure has not been authenticated, it would not come as a surprise.The car is currently listed for sale by Maranello Purosangue, a company based in Maranello, Ferrari's hometown.Gallery (Image and News Source: Maranello Purosangue via BoldRide.com) More Ferrari News

By Edward Jones –  June 19, 2015

Winners of the 2015 International Engine of the Year Awards

The 17th International Engine of the Year Awards have been handed out and we now know the winners. Ferrari 458 SpecialeTo decide which engines would win, the jury consisted of 65 of the world's most experienced automotive journalists from 31 countries. They judged engines from all manufacturers, from Ford to Ferrari, and engines of all sizes.(Related: Porsche Finishes Production on the 918 Spyder)The big winners from this year's awards are BMW and Ferrari, with the i8 engine getting three awards and the 458's engine getting two. Other notable winners are the McLaren's famous twin-turbo V8 engine and Tesla's full-electric powertrain.Below are the categories and the winners of each from the awards' website. International Engine of the Year - BMW 1.5-liter three-cylinder electric-gasoline hybrid (BMW i8) Performance Engine - Ferrari 4.5-liter V8 (Ferrari 458 Italia and 458 Speciale) New Engine - BMW 1.5-liter three-cylinder electric-gasoline hybrid (BMW i8) Green Engine - Tesla full-electric powertrain (Tesla Model S) Above 4-liter - Ferrari 4.5-liter V8 (Ferrari 458 Italia and 458 Speciale) 3-liter to 4-liter - McLaren 3.8-liter twin-turbo V8 (McLaren 675LT, 650S, 625C and 12C) 2.5-liter to 3-liter - BMW M 3-liter twin-turbo six-cylinder (BMW M3, and M4) 2-liter to 2.5-liter - Audi 2.5-liter five-cylinder turbo (Audi RS3 and RS Q3) 1.8-liter to 2-liter - Mercedes-AMG 2-liter turbo (Mercedes-Benz A45 AMG, CLA45 AMG and GLA45 AMG) 1.4-liter to 1.8-liter - BMW 1.5-liter three-cylinder electric-gasoline hybrid (BMW i8) 1-liter to 1.4-liter - PSA Peugeot Citroen 1.2-liter three-cylinder turbo (Peugeot 208 and 308. Citroen C3, DS3, Cs Picasso, C4 Cactus, C4 and DS4) Sub 1-liter - Ford 999cc three-cylinder turbo (Ford Fiesta, B-Max, Focus, C-Max, Grand C-Max, Mondeo, EcoSport and Tourneo Connect/Courier) (Source: UKIPME.com)More Automotive Industry News

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