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NEW YORK Rashaad Penny Womens Jersey , Oct. 21 (Xinhua) -- Italian luxury car maker Ferrari went Initial Public Offering (IPO) on the New York Stock Exchange (NYSE) Wednesday. Its shares, trading under the ticker symbol of RACE, soared in their public debut.

Ferrari priced its IPO offering at 52 U.S. dollars, the top of a previously announced range from 48 dollars to 52 dollars, showing investors' strong interest for the company. In midday trading Authentic Tedric Thompson Jersey , shares of Ferrari jumped almost 10 percent to 56.98 dollars.

The luxury car manufacturer used to be a subsidiary of Fiat Chrysler Automobiles N.V. (FCA). This IPO is intended to be part of a series of transactions to separate Ferrari from FCA. The FCA sold 17.2 million shares this time, about 10 percent of Ferrari in this IPO, and raised 893 million dollars.

In addition, underwriters have a 30-day option to purchase an aggregate of up to 1.7 million common shares of Ferrari from FCA. UBS Investment Bank is acting as Global Coordinator for the offering.

Following completion of this offering, FCA expects to distribute its remaining ownership interest in Ferrari to FCA shareholders at the beginning of 2016.

Analysts said Ferrari is an unique IPO as the primary attributes are the extreme identification for the customers of its brand name.

Ferrari is among the world's leading luxury brands focused on the design Authentic Nazair Jones Jersey , engineering, production and sale of the world's most recognizable luxury performance sports cars. The company designs, engineers and produces its cars in Maranello, Italy, and sells them in over 60 markets worldwide.

Its history and the image enjoyed by its cars are closely associated with its Formula 1 racing team Authentic Delano Hill Jersey , Scuderia Ferrari, the most successful team in Formula 1 history.

From the inaugural year of Formula 1 in 1950 through the present, Scuderia Ferrari has won 224 Grand Prix races, 16 Constructor World titles and 15 Drivers' World titles, including most recently the Constructor World title in 2008.

Sergio Marchionne Authentic Frank Clark Jersey , chairman of Ferrari, said Wednesday the company currently produced 7,000 cars per year, and they need to grow the demand side.

"We targeted at 9,000 (cars) by 2019. The world is a big place Authentic Jarran Reed Jersey , we will find 9,000 customers deserve the car," he said.

Soccer riots have always been something of a mystery. The violence in hockey is at least compatible. Grown men in heavy costumes skating at high speed with blades on their feet to create enough tension and energy to start a fight in a hurry. In baseball, a hard leather ball thrown 100 km h and the head can make understandable that you want to charge the mound. But football? Even the game is going at a slow pace and hardly inspires more focused concentration on the field itself. Commentators American jokingly portray the reason for soccer riots as his low score low key. They often say "after paying nearly $ 100 for seats and the fight against the crowds to see two teams play a match while an end in a tie 0-0, you can riot." However Authentic Germain Ifedi Jersey , for the rest of the world, soccer riots are no laughing matter.

People are dying

Death of football riots occur in the world. They were recorded in Germany, England, Greece, Spain Authentic Shaquill Griffin Jersey , South Africa, Italy and Latin America. In 2001, a riot of football in Ghana has killed 138 people. While it is in our human nature to have a visceral response and succumb to the mob mentality that any fan would be killed simply by watching a football match tragedy is at its peak. All sports have to players and fans more noble and more a part of the tapestry of humanity. Loss of life to a soccer game really shows how what we have reduced our ability to connect with another.

Politics enter

What distinguishes football in many other sports is its international reputation. Soccer is not a property of any one country, people or race, but is an international phenomenon Authentic Ethan Pocic Jersey , which encompasses a variety of people, ideas and landscapes. Given the great diversity of participants in the game, world politics often play an unfortunate part in soccer riots. When countries become enemies or evoke different political positions residents often leave the soccer team to play their frustration. This creates an energy in anger and the false good sport to violence in the stands. A riot at a soccer game between Iran and Japan said to be motivated by protesters fed up with Iran sex rights violence. The riots broke out in left three dead. In 2004, a soccer riot in Rome is scheduled to protest against government spending on education and sport. When the tension in the world invades the field of sport, everybody loses.

Antisocial behavior

Unfortunately Authentic Kam Chancellor Jersey , football seems unable to get rid of its reputation as a riot adventure. It attracts enthusiasts who want to be part of the crowd mentality and creates an atmosphere of anti-social and anti-authority behavior. The number one accident of any football riot is usually the police or the authorities who came to maintain order in and around the stadium. Gangs of youths who call themselves "football hooligans" have voluntarily begun to infiltrate the world of football to disseminate their own brand of antiauthoritarian violence.

The model Olympic sports competitions put forward only when individuals and teams to the best of their ability to society as a whole is a nourished and inspired by their progress. Soccer riots has the opposite effect on the sport as a whole and disadvantages of the common good.

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