He's not the youngest anymore. If S. Marchionne is trying to sell half the pearls of Fiat...maybe some internal opposition may well bring changement to many things and LDM to a decision to retire and enjoy inglife after all those hectic years in the Automobile and the Speed Train (;-)) business.
My comment some weeks ago. I have to add some thoughts: There is really a era comming to an end. However nobody is ireplacable.
My worry is another one: Marchionne wants to build a new industrial powerhouse with Fiat/Chrysler etc. If he wants to build up his maybe a little megalomanian idea about becoming one of the 3 biggest carmakers in the world with a planed output of 10 Mio. cars per year, then he needs to reshape the whole industrial complex he has with Fiat and Chrysler. One side reshape from the inside out, fusion the 2 brands (or better 7 brands) and prepare technologically for all kinds of reshaped industrial tasks (i.e. electricity vehicles, gaz, hybrid and what else will be a possible partial future "best solution")
For this he needs a huge capital base. How does he possibly could get it: Selling Maserati, selling Alfa, possibly selling Ferrari or possibly bringing all 3 brands seperately to the capital market as IPO's, keeping a majority or important minority of shares with Fiat/Chrysler.
Fiat/Chrysler has not enough capital to finance the big jump. But (theoretically) with a sell of Ferrari 10-20 Billion, Alfa 3-6 Billion and Maserati 2-4 Billion, he could get 15-30 Billion capital. That would enable him to raise another 20-30 Billion on notes on the markets as those are baked more secure. With these amounts of cash at hand, he could very well finance his new industrial powerhouse.
What would this mean for Ferrari ? Well if Ferrari would become another owner (or many more owners) it would be a company in need to bring more cash value for shareholders (something which it has not done so far for Fiat as their Ferrari Holdings was very profitable but more of an hidden/unrealized asset). These shareholders would demand higher turnover and (probably) higher profits. Hence my personal expectations then would be for higher production numbers, something which would not help the values of newer Ferrari's or the used car market and will make Ferrari more dependent on consumers "Trends" to be able to sell bigger productions.
If it would be sold to a "White Knight" (Mubdalla, Kuwait (;-) )Apple, Samsung, Wal-Mart, Ford (finally!), VW, Daimler, BMW) we could hope for same or only slightly higher production....if at all.
What do I know...nothing. But it seems to be that the going of LDM had nothing to do with the unsuccess of the F1 racing team but more with the general idea of where to go with that "hidden asset named Ferrari" in Fiat's Portfolio.
In any case in relative value compared to higher production "new" Ferraris, old Ferrari's will become even more valuable. Again, in "relative" terms spoken. Really just my 2 Cents.