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Another Big Ferrari Heads to Auction

Posted by on Jan 3, 2016

Following the sale of the Baillon Collection and an almost world record for a car sold at auction this year with the Ferrari 250 California Spyder (sold for Euro 16.3m/USD 18.5m), in its Retromobile sale, Artcurial Motorcars will present in the 2016 official Salon Retromobile sale, one of the most...

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Concours d’Élegance Paleis Het Loo 2016 Will Honor Dinos

Posted by on Jan 1, 2016

The now famous Concours d’Élegance Paleis Het Loo in Apeldoorn (Netherlands) has been announced for July 2nd & 3rd, 2016 – with the Dino being one of the themes. Paleis Het Loo is lcated at Koninklijk Park 1, 7315 JA Apeldoorn, NETHERLANDS. Contact +31 578 51116 (Phone) or...

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Mahindra Reportedly Agrees to Buy Pininfarina

Posted by on Dec 30, 2015

From Bloomberg: Mahindra & Mahindra Ltd. has agreed to buy Italian car designer Pininfarina, wrapping up months of talks on a deal aimed at elevating the Indian vehicle maker’s styling, people familiar with the matter said. The agreement is set to be finalized and announced later today,...

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Fiat Chrysler Shareholders Approve Separation

Posted by on Dec 28, 2015

  From Bloomberg: Fiat Chrysler Automobiles NV investors approved the spinoff of its supercar unit Ferrari NV, part of Chief Executive Officer Sergio Marchionne’s plan to raise cash and reduce debt. Shareholders voted about 98 percent in favor of the separation, in which Fiat Chrysler will...

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Ferrari N.V. Begins Serious Financing

Posted by on Dec 26, 2015

From Ferrari N.V.  In Maranello on 30th November 2015, Ferrari N.V. (NYSE:RACE) announced that it has entered into a €2.5 billion syndicated loan facility with a group of ten bookrunner banks. The facility comprises a Bridge Loan and a Term Loan of €2.5 billion in aggregate and a Revolving...

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Some Indications on Ferrari’s Future

Posted by on Dec 24, 2015

On October 28, 2015, from Maranello, there was a Q3 2015 Ferrari NV Earnings Call with Ferrari Corporate Participants speaking with, and also answering questions from, analysts from UBS, Bank of America Merrill Lynch, JPMorganChase, Morningstar and Equita. The Ferrari participants were...

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Fiat Heir Returns with Personalized Cars

Posted by on Dec 22, 2015

From Bloomberg: Lapo Elkann, an heir of Italy’s Agnelli family, the dynasty that founded Fiat, is making a comeback in the auto industry after a 10-year break, with a startup that offers customized cars. Elkann, 38, bought a vintage 1950s-era gas station in Milan to base Garage Italia...

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An Extensive 14-month Restoration for an SWB

Posted by on Dec 20, 2015

From Ferrari Classiche: 14 months of meticulous work – that’s how long it took the Ferrari Classiche Department to restore the engine, bodywork, suspensions and running gear of this 250 GT SWB Berlinetta Competizione to pristine condition. The car arrived in Maranello in March of 2014 and...

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Driven by Disruption Auction Wows with a Big Ferrari

Posted by on Dec 18, 2015

Source From RM Sotheby’s: RM Sotheby’s rounded out a banner 2015 season in New York City on the evening of December 10, bringing in more than $73.5 million in auction sales with 81 percent of all lots sold during its exclusive Driven by Disruption event. Held at Sotheby’s global headquarters...

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Petersen Museum Gala Opening

Posted by on Dec 16, 2015

The new Petersen Automotive Museum had its Opening Celebration on Saturday, December 5, with 800 car enthusiasts hosted in a huge tent for speeches from the Chairman, excellent entertainment, a live auction (which raised copious amounts), a raffle for a neat Rolex, and dinner prepared by all four...

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Unique Collection Offered by Gooding & Company

Posted by on Dec 13, 2015

Gooding & Company is pleased to announce an outstanding array of Ferraris at its annual two-day Scottsdale Auctions on January 29 and 30, 2016. The upcoming collection of Ferraris from renowned Beverly Hills collector Tony Shooshani delivers an unrivaled selection that spans many of the...

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Famous Gunther Raupp 2016 Calendars Now Available

Posted by on Dec 11, 2015

Special Message from USA Distributor David Bull: With the holiday shopping season about to shift into high gear, why not jump start your gift-giving by ordering the official 2016 Ferrari Myth and Scuderia Ferrari calendars before Black Friday? Both of these deluxe calendars are available...

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