Welcome to The Grid, R&T's quick roundup of the auto industry and motorsports news you should know this morning.
Ferrari Sets the Goal Even Higher
When he took over as CEO, Sergio Marchionne set lofty goals for the Ferrari brand. One was an operating profit of 1 billion euros. The company , partly thanks to limited edition models like the FXX K. This also means that Marchionne, who is set to retire in 2019, will have a head start on introducing his vision for the brand before he leaves.
Part of that vision? Expanding the breadth of the Ferrari brand with a long rumored utility vehicle. The company does plan to restrict production so the SUVs aren't on every corner, but it's a big change for the brand.
Alfa Romeo Sold Some Stuff
While sales numbers haven't been great for FCA as a whole for a while, , all things considered. The brand 1,205 cars in the US last month, 434 of which were the new Stelvio SUV. That means that the rest of the sales were made up of the Giulia and the 4C, two cars which we are definitely fans of.
Ricciardo Can Wait
Red Bull Racing recently locked Max Verstappen in to a contract until the 2020 F1 season. It'd like to do the same for affable Aussie Daniel Ricciardo, but Ricciardo isn't ready to sign yet.
According to Motorsport, until the 2018 season starts, that way he can see where each team stands in the hierarchy. Red Bull, for obvious reasons, would like to have its driver locked in right now, today. Instead, because there is demand for Ricciardo on the driver market, Daniel wants to see who might be quick and who might be interested in hiring him.
Own a Piece of Indy History
Indy 500 memorabilia collectors always want the thing nobody else has. Well, this is certainly . The mosaic that was in the pool at the Speedway Motel near turn two is for sale. It's offered for sale by the , and it'd be a hell of a thing to have in your pool at home. It also weighs 3,000 pounds and costs $25,000. But it'd be a hell of thing to have in your pool.