Ferrari files for long-awaited IPO

Luxury sports carmaker Ferrari N.V. on Friday filed papers for its long-awaited initial public offering (IPO), and set a price range for the shares that could value the company at around $10 billion.

According to papers filed with the Securities & Exchange Commission (SEC), Ferrari will market nearly 17.2 million shares, with a price tag ranging from $48 to $52 apiece.

Ferrari NV Files for IPO Evaluated Close to $9.4 billion.

Ferrari NV Files for IPO Evaluated Close to $9.4 billion.In recent months, the IPO market has seen many new stocks and this time its Fiat Chrysler Automobiles moving forward with plans of spinning off, Ferrari at a valuation of approximately $9.4 billion. That's a midpoint of the marketed range.

Papers were filed by Ferrari NV for a long awaited initial public offering. The price range for the shares could value the auto maker close to $10 billion.

Sergio Marchionne Says Ferrari CEO Amedeo Felisa will not Leave Post before IPO

Sergio Marchionne Says Ferrari CEO Amedeo Felisa will not Leave Post before IPOOn Saturday, Sergio Marchionne the CEO of parent company Fiat Chrysler Automobiles said that Amedeo Felisa, the Ferrari CEO will not leave his post prior to the luxury sports car manufacturer goes for its initial public offering that is scheduled later in the current year.

Ferrari World at Abu Dhabi the Mecca of the racing enthusiasts

Ferrari WorldAn exciting new world of Ferrari cars – the Ferrari World – has opened up in Abu Dhabi, swiftly becoming its latest big attraction. It is the sole park of its kind in the entire world and it has been built around the iconic Ferrari brand of racing cars. It not only promises the thrill of speed, but is also the largest in the world.

Ferrari alters team after loss at Abu Dhabi

Ferrari-TeamFerrari has declared the former McLaren designer, Pat Fry to be the leader of the team's engineering unit, a position held by Chris Dyer earlier.

Before starting into the 2011 Formula One season, the team made up its mind to make some extremely important alterations in its structure.

No major changes in Ferrari

FerrariTalking about possible changes within the Italian team, Ferrari president Luca di Montezemolo said there won't be any big changes as a consequence of their big disappointment at the world championship in Abu Dhabi.

The Scuderia lost at the final race of the season, where Fernando Alonso lost out to Red Bull's Sebastian Vettel following the strategic blunder made by the team.