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Ferrari of Palm Beach 488 GTB Premiere

Posted by on Oct 29, 2015

Ferrari of Palm Beach recently hosted a cocktail reception to premier the new Ferrari 488 GTB. Thankfully we were on hand to attend this much anticipated event and to share in Maranello’s newest creation. The dealer was packed with eager tifosi smiling and enjoying the hospitality in read...

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Two Dynasties to Control the New Ferrari

Posted by on Oct 27, 2015

From Bloomberg Now that Ferrari is a publicly traded company, two Italian auto dynasties plan a pact to make sure it stays that way. Piero Ferrari, the son of founder Enzo Ferrari, and the Agnelli family — heirs of the founder of Fiat &#8212 read...

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USGP: Gritty Podium for Vettel

Posted by on Oct 25, 2015

Vettel comes third and Kimi has to retire after an off-track excursion. At the end of a race which he started from thirteenth place on the grid, Sebastian Vettel made up ten places to finish third, which means he is still in the runner-up position in the Drivers’ classification. After going read...

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Ferrari Raises $893 Million Pricing IPO Shares at Top of Range

Posted by on Oct 21, 2015

From Bloomberg Ferrari raised $893 million in its U.S. initial public offering, pricing the shares at the top end of the marketed range after investor demand in the supercar maker outstripped the stock available. Majority shareholder Fiat Chrysler Automobiles, which is selling a 9 percent stake in the read...

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Ferrari IPO Oversubscribed Ahead of New York Listing

Posted by on Oct 19, 2015

From Bloomberg Ferrari’s initial public stock offering is oversubscribed throughout its price range as investor interest in the supercar maker outstrips the shares available, people familiar with the matter told Bloomberg. Investors had indicated to bankers last week before the sale began read...

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Celebrate at the New Petersen Museum

Posted by on Oct 16, 2015

Cavallino fully supports the new Petersen Museum and all its’ great plans. It will inaugurate a new era in what an auto museum should be. Join Cavallino and your other auto enthusiast and collector friends at this premier opening gala event. Every prominent auto collector and auto personality read...

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Ferrari Valued Up To $9.8 Billion for U.S. IPO

Posted by on Oct 15, 2015

Ferrari expects its U.S. initial public offering to be priced in a range of between $48 and $52 per share, which could value the company at up to $9.8 billion, it said. Parent Fiat Chrysler Automobiles (FCA) will sell up to 10 percent of Ferrari in the IPO and will use proceeds to help pay for read...

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