Ferrari Said to Pick UBS to Manage New York Stock Listing

Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles NV, picked UBS Group AG to help manage its initial public offering in New York later this year, people with knowledge of the matter said.

JPMorgan Chase & Co. and Goldman Sachs Group Inc. are also due to play a role in selling 10 percent of Ferrari’s shares to investors, said the people, who asked not to be named before an official announcement. Fiat and Ferrari declined to comment, as did representatives for UBS, JPMorgan and Goldman Sachs.