Ferrari officially entered the stock market on Tuesday, releasing about 9 percent of the company to the public. In trading, the brand raised approximately $893 million in its first day for parent company Fiat Chrysler.
Ferrari may use a new modular platform to underpin most future production models, potentially saving development costs. The Italian carmaker may also reshuffle its engine lineup to increase fuel efficiency.
A young, wealthy Swiss man hired people to set fire to his Ferrari 458 Italia so he could collect insurance money and upgrade to a newer model. One of his accomplices was a Ferrari dealership employee.
An amateur spy shot taken in Maranello, Italy, has given us the best look yet at the upcoming Ferrari F12 Speciale. Tentatively set to debut in Frankfurt, the Speciale will be lighter, faster and more expensive than the F12berlinetta.
Ferrari is working on a lightened, more powerful version of its F12 Berlinetta supercar to rival Lamborghini's LP750-4 Superveloce. The F12 Speciale will boast 760 horsepower from a retuned 6.2-liter V12.