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Ferrari is racing toward a public share offering this week, making it possible for investors to buy a piece of the legendary maker of luxury sports cars and Formula One racing machines.Fiat Chrysler is hoping the listing will value the company founded in 1929 by Italian sports driver Enzo Ferrari at $10 billion.Spinning off a part of Ferrari will also help relieve Fiat Chrysler of some of its debt, as the parent company will receive 2.25 billion euros ($2.55 billion) from Ferrari before the spinoff.Fiat Chrysler, which will retain an 80 percent share in Ferrari, said it will distribute Ferrari stock to its shareholders next year.Ferrari reported a net profit of 265 million euros (currently $300 million) last year, up 7 percent from the previous year.Ferrari has capped production at around 7,000 units to maintain exclusivity, but analysts expect that to expand gradually as the number of people who can afford a Ferrari is growing globally.
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