Fiat Chrysler Automobiles is expected to get $2.8bn from Ferrari before the the luxury car brand is carved out as a separate company.
FCA CEO Sergio Marchionne is expected to list 10% of Ferrari's stake in the second quarter of 2015 and distribute 80% of stake to Fiat's investors.
The move is expected to raise $5 bn fund which is expected to fuel Marchionne's five-year strategic plan to bring the company into a position to compete against other big players in the industry, and use the rest of the funding to pay off debts.
In a US filing FCA said: "Prior to the separation we also intend to enter into certain other transactions including distributions and transfers of cash from Ferrari currently estimated at 2.25 billion euros," London-based."
