Ferrari is about to be valued for as much as $9.82 billion in an initial public offering (IPO) when Fiat Chrysler Automobiles NV sells a 9 percent stake in the Italian supercar manufacturer.

According to a filing with the U.S. Securities and Exchange Commission, 17.2 million shares of the Dutch holding company Ferrari NV will be sold at $48 to $52 each. The shares will trade on the New York Stock Exchange under the symbol RACE. The valuation would reach $9.9 billion and reflect a 10 percent stake, including an over-allotment of shares to underwriters, reported Bloomberg.

This move has made the Ferrari brand one of the most valuable in the world. Its parent company Fiat Chrysler also owns the Maserati, Jeep and Dodge brands. After the IPO, shareholders of Fiat Chrysler will be given the remaining Ferrari shares to split the luxury car manufacturer from its parent company. Ferrari reported a boost in sales last year at 2.8 billion euros ($3.3 billion), which resulted in a profit of 256 million euros ($302 million), according to CNN Money.

Making some of the most exclusive cars in the world, Ferrari has been known to have a history of ensuring that the demand for its cars always overshadows its supply by capping the production rate to just 7,000 vehicles a year. Some customers even have to wait a few years before they can receive their brand new Italian Stallion.

While the company is soon to be renamed Ferrari NV after being extracted by its soon to be former parent company, there's no reason to anticipate Ferrari will move its operating headquarters away from its current and historic home in Maranello, along the outskirts of Modena in Italy's "supercar valley," according to Auto Blog.

Trading won't actually commence until all SEC filings are complete. Until then, you can start pondering the possibilities of trading Ferrari shares.