Opportunities for individual enthusiasts, who can’t otherwise afford a Ferrari, to now be owners of Ferrari could lead to a feeding frenzy when the IPO hits. The stock certificates should be well designed, hopefully, because one wonders just what the future will hold for an independent Ferrari. One that will be bleeding cash as F1 proves to be an albatross.    And, is there another car company licking their chops for some cheap provenance, (Hello Hyundai) that may try to assemble a controlling interest in the company? Probably not, but, if they are, they would be smart to keep an eye on where Ferrari’s cash reserve is before and after the IPO. Hard on the heels of Sergio Marchionne throwing Luca di Montezemolo under the (Fiat) bus, comes the announcement that FCA (Fiat Chrysler) places current holders of FCA shares as owners of 90% of Ferrari, with 10% of Ferrari to be offered to the public. And that is stunning – Fiat has been a decent steward of Ferrari over the years.