Ferrari IPO

There were rumblings late last year that Fiat may sell off part of its stake in Ferrari to help raise cash to fund its merger with Chrysler, with the famous sports car manufacturer from Maranello at the time being valued at around $3.3 billion. Speaking recently to an investment group keen to see the sale of Ferrari, along with a possible initial public offering (IPO), Marchionne said that Ferrari was worth at least $7.3 billion. This is about $3 billion more than what analysts believe Ferrari is worth and close to 63 percent of Fiat's entire market value. Ferrari, after all, is the Italian...