#Ferrari

Former Fiat Chrysler CEO Sergio Marchionne, who died Wednesday at the age of 66, underwent treatment for a serious, unspecified illness for more than a year, a Swiss hospital revealed Thursday.

The sudden change in the executive’s health threw Fiat Chrysler and Ferrari into a frenzied search for new CEOs on Saturday. It’s reported that Marchionne hadn’t informed either automaker of his condition, with their boards of directors only finding out from Marchionne’s family on Friday after his condition rapidly deteriorated.

Louis C. Camilleri was named the next chief executive officer of Ferrari N.V. on Saturday, succeeding former CEO and chairman Sergio Marchionne, whose health has taken a turn for the worse.

As head of Fiat Chrysler, Marchionne orchestrated the successful spin-off of Ferrari beginning in 2014, completing the process in 2016. While the executive had planned to stay on as chairman of the Italian luxury sports car brand after his scheduled retirement from FCA in April of 2019, fate intervened. Jeep brand head Mike Manley is now CEO of FCA, while Camilleri — who arrives with an impressive background in big business — has taken the helm of Ferrari.

In the chairman’s seat now sits John Elkann, head of the Agnelli family’s Exor holding company, which holds a controlling stake in FCA and Ferrari.

About a month ago, we asked which cars you thought would be most unlikely to turn a wheel on their namesake soil. The B&B offered up a lot of good answers … including the entire Saturn and Mercury brands. Hardy har har. Very funny, guys.

Today, let’s flip it around. What model is most likely to be found in the place for which it is named? Given the image above, it’s clear I’m going with an obvious choice.

News broke earlier this week of a Ferrari dealer embroiled in a lawsuit after a salesman accused the company of authorizing the use of devices that roll back vehicle odometers. Despite being a great way to improve the valuation of a used car, the practice is generally frowned upon — our best guess is because it’s super shady and totally illegal.

However, it was unclear if the issue revolved around one grubby dealership in Palm Beach or a systemic problem that included the manufacturer. The DEIS Diagnostics System that made the shenanigans possible does require online authorization from Ferrari corporate offices. But it could be that someone at home base didn’t know the extent of what the tool was actually being used for.

Unfortunately, they did. This week, details emerged from the case files of Robert “Bud” Root’s lawsuit against New Country Motor Cars. Back in April of 2017, Ferrari issued a memo to the dealership that can best be paraphrased as “cut it out.”

Despite referring to the mere notion of an electric Ferrari as “obscene” in 2016, chief executive officer Sergio Marchionne is now saying the brand is obligated to build one. The situation is familiar to what happened with the brand’s upcoming sport utility vehicle — Sergio claimed it would never happen and, roughly a year later, flipped the script.

The SUV is supposed to reach the public by late 2019 or early 2020. However the battery-electric Ferrari won’t come until the brand has established a few hybridized powertrains first. Marchionne claimed that “going from there to an electric is easy,” prefacing the plan with “We do it because we have to do it.”

Endurance racing is often something you put on while you are doing another activity. As the events are far too long to devote the totality of your attention to, a typical strategy would be to enjoy the start of the race and check in whenever you hear the announcers panic. Sadly, that meant I missed the highlight of the WEC’s 6 Hours of Bahrain while running out to get food.

I’m not talking about the moment the Gulf Racing Porsche 911 LM GTE collided with the 919 LMP1 and practically handed Toyota the first-place finish. I’m referencing when a cat wandered out onto the track and was almost creamed by oncoming traffic. It was, without question, the most tense moment in racing I have ever witnessed.

Last week, Ferrari CEO Sergio Marchionne expressed his distaste for what he perceived as a less-than-desirable update to Formula One’s engine rules. He even suggested the brand might remove itself from the sport if Liberty Media doesn’t reconsider some of its proposals for 2021.

“I understand that Liberty may have taken these into account in coming up with their views,” Marchionne said. “But I think it needs to be absolutely clear that unless we find a set of circumstances, the results of which are beneficial to the maintenance of the brand, and the marketplace, and to the strengthening of the unique position for Ferrari, Ferrari will not play.”

Still in the midst of discussions, Formula One took time to defend itself against Ferrari’s claim that the new rules would make it the global equivalent of NASCAR.

Last month we featured a Question of the Day about the worst model names ever glued onto the back of a vehicle. Everyone had fun trashing corny, little-known nameplates from here and abroad, as well as the various and oft-nonsensical letters applied to the back of many North American offerings today.

Today we flip this question and talk about the best model names. What’s your selection for the best vehicle names out there?

Despite months of denial, Sergio Marchionne confirmed that Ferrari will put a sport utility vehicle into production on Monday. “We’re dead serious about this,” Marchionne said at the New York Stock Exchange earlier this week. “We need to learn how to master this whole new relationship between exclusivity and scarcity of product, then we’re going to balance this desire to grow with a widening of the product portfolio.”

The working title for Ferrari’s SUV is “FUV” and its confirmation undoes months of Marchionne’s claims that it would “never be built.” In February of 2016, the CEO even said he would have to be shot and killed before Ferrari made an SUV. For his sake, we hope that is no longer a provisional aspect of the build.

It would be understandable if the Lancia Thema you see above put you immediately in mind of a Rare Ride from a few days ago, the gold-plated DeLorean DMC-12. While that car had an entirely different purpose from the Lancia you see before you, the two did have a couple of things in common. Both were designed by Italian legend Giorgetto Giugiaro. And like the DeLorean, the Lancia also suffered (in normal trims) with the same Peugeot-Renault-Volvo V6 engine that made Eagle Premier owners miserable.

But that’s where the similarities end. Because today’s Thema sheds its multinational, mediocre V6 power for some purebred Ferrari horses. And you don’t even have to do the import paperwork.

Ferrari officially presented the world with the car intended to replace the California on Wednesday. The new model, called the Portofino, is a 2+2 sporting a mischievous grin and enough horsepower to warrant it. Named — like many of Ferrari’s grand tourers — after a part of the world known for its temperate climate, the Portofino houses an updated 3.9-liter turbocharged V8 with 591 prancing stallions ready to tear up the tarmac.

Distinctively less subtle than the base California in both appearance and specifications, the new “entry-level” Ferrari benefits from new internals, but the overall affect primarily bolsters horsepower. Torque is bumped up to 560 lb-ft between 3,000 and 5,250 rpm, representing a modest 3 foot-pound increase compared to a nearly 40-horsepower improvement. Not that it should matter; the Italian automaker still considers the Portofino a GT car despite its more aggressive persona.

2018 marks the 50th anniversary of Ferrari’s V6-engined Dino, an entry-level Ferrari that never actually wore Ferrari’s prancing horse badge.

With challenging regulatory environments and emissions targets to meet, 2018 surely seems like a fine time to resurrect the Dino name and concept. Yet it appears far more likely Ferrari will look to burst through its 10,000-unit annual production barrier with an FUV, rather than a Dino that, Automotive News reports, would likely be priced 20-percent below the current entry-level Ferrari.

The California T stickers from $202,723.

“We need to explore ways to attract customers to traditional values of the brand such as style, performance and engine sound before downgrading the entry level price for the brand,” Ferrari CEO Sergio Marchionne told analysts.

Downgrade. Pfft. Downgrading is for Porsche and McLaren.

Ferrari will likely add a comparatively spacious four-seat “utility vehicle” to its lineup in the hopes of bolstering volume and doubling its profits by 2022. The strategy certainly has worked for Porsche. So well, in fact, that Lamborghini has made plans to introduce the Urus SUV for 2019 — using Volkswagen Group’s MLB platform. The spiritual successor to the wild LM002 is expected to outperform Bentley’s ludicrous Bentayga and would likely be Ferrari’s chief rival in the super sport utility segment.

The concept of a Ferrari-built SUV has drifted around the automaker’s Maranello and Amsterdam offices for a few years, but now inside sources claim a comprehensive strategy for the vehicle should be unveiled by 2018. However, enacting it would fundamentally change the brand.

As a low-volume automaker, Ferrari is not subject to the same rigid emissions regulations imposed on other car companies. But CEO and sweater aficionado Sergio Marchionne has been pressing the company to increase volume ever since taking the company’s helm in 2014, consequences be damned.

A driver in the United Kingdom obliterated a Ferrari after only a single hour of ownership. Not that it’s easy to tell from the photographs, but the vehicle in question used to be a Ferrari F430 Scuderia prior to its transformation into smoldering wreckage.

The South Yorkshire Police said fire and rescue services were on the scene when they arrived, “squirting water all over some kind of sporty motor” that had careened some fifty meters off the M1 highway before exploding into flames. Miraculously, the vehicle’s owner survived with only a few scrapes but his ego may not have made it. Taking some mild joy in the wealthy man’s plight, the department wrote on social media the officers on the scene “asked the driver what sort of car he ‘had’ to which he replied ‘It was a Ferrari.’ Detecting a sense of damaged pride he then said ‘I’ve only just got it, picked it up an hour ago.'”

Ah, it’s all coming together now. The FF was a trojan horse.

If the 2021 Ferrari F16X comes to fruition, it will be over the proverbial dead bodies of all those Ferrari executives who have denied the possibility of a Ferrari SUV. “We will not play with SUVs,” current CEO Sergio Marchionne said earlier this year in Geneva. “It’s not that we’re not planning an SUV for now — we’re not planning one at all,” former CEO Amadeo Felisa said in Frankfurt in 2015.

But a Ferrari SUV has nevertheless been long rumored, and the rumors were stoked when marketing chief Nicola Boari discussed at length earlier this year the way in which a Ferrari SUV would need to create a new segment.

Indeed, according to CAR, Ferrari’s first foray into the utility vehicle arena will be different: aluminum architecture, suicide doors sans B-pillars, a likely hybrid powertrain, and a price tag of roughly $350,000.