Fiat Chrysler Automobiles (FCA) has found a way to gain some capital to work out its balance sheet. They've decided to sell the Ferrari brand, which will result in an estimated gain of four billion Euros (5.65 billion CDN) when it's all set and done.

This move was resisted for a while by FCA's CEO Sergio Marchionne, but with rising debt coming from Europe and Latin America and the need for capital to pursue its new business plan that involves the revival of Alfa Romeo – it seems like the perfect solution for all parties involved.

The sale will not be not be as simple as most. It will be a slow process that starts with 10 per cent of Ferrari shares being offered to the public, which equates to 100 million new shares by the end of the year.

Afterwards, 80 per cent will be offered to existing FCA shareholders; while the remaining 10 per cent stays with its current owner Piero Lardi Ferrari, the son of founder Enzo Ferrari.

"This transaction represents FCA's best course of action to support the long-term success of the Group while at the same time substantially strengthening FCA's capital base," Marchionne said in a statement.

Once this is all set-and-done, Ferrari will be its own entity, separate from the FCA umbrella.