Marchionne Says Ferrari IPO Can Be Sold Before He Eats a Bagel

Taking Ferrari public will be an easy job for the banks handling the offering, said Sergio Marchionne, chief executive officer of the automaker’s parent, Fiat Chrysler Automobiles NV.

“It won’t be a difficult placement,” Marchionne said Tuesday in an interview. “I wish they were all like this. The execution of this is going to be very short. We just need to be very focused on which investor base we’re going after and once we do that, you could probably sell it by the time you and I have a bagel in the morning.”