Ferrari's IPO is on track for trading at the NYSE this Wednesday.

The luxury automaker plans to float roughly 10 percent of the company: 17.2 million shares at $48-$52.

At this level, Ferrari will be valued near or close to $10 billion.

Read More Ferrari's IPO predictions raise eyebrows

The Ferrari family owns 10 percent while Fiat Chrysler owns the remaining 80 percent.

After the IPO, Fiat Chrysler shareholders will be given the remaining Ferrari shares to split the luxury car manufacturer from its parent company.

But Ferrari's public debut isn't the only way to buy a piece of the iconic Italian company.

RM Sotheby's is preparing to auction one of the rarest and most valuable sports racing cars later this year: a 1956 Ferrari 290 MM, once driven by five-time Formula One World Champion, Juan Manuel Fangio.

Specifically built by the Ferrari factory for Juan Manuel Fangio in the 1956 Mille Miglia race, a grueling 1,000 mile event.

Fully documented and never crashed, the "chassis 0626" is one of the most significant and original competition Ferraris in the world.

"It's hard to know where to start when describing just how important this 290 MM is," said RM Sothebys car specialist Peter Wallman. "The 0626 is the ultimate 1950s factory sports racing car."

This car was also famously piloted to victory in the 1957 Buenos Aires 1000 KM by Eugenio Castellotti, Luigi Musso, and Masten Gregory. At the end of its racing career, 0626 still had its original chassis, matching-numbers engine, gearbox and body.

"This is a car with which Enzo Ferrari was personally involved and is a fundamental part of Ferrari folklore. Its originality, coupled with its extraordinary provenance and history, which are truly second to none, can only lead you to conclude that it is one of the most desirable and valuable cars that will ever come to the open market."

A 1962 Ferrari 250 GTO Berlinetta remains the most valuable car in history sold at auction. It sold for $28.1 million in August 2014. The year prior, RM Sotheby's sold a 1967 Ferrari GTB 4*S N.A.R.T. Spider for $27.5 million, which was the most valuable road car ever sold at auction.

RM Sotheby's has established numerous auction benchmarks, including the current record for the highest-grossing collector car auction of all time, with $172.9 million in sales at a single event in 2015.

RM Sotheby's Driven by Disruption sale will be held at Sotheby's Manhattan headquarters on December 10, 2015.

Ferrari by the numbers:

Vehicles shipped in 2014: 7,255

Net revenue: 2.8 billion euros

2012-2014 compounded annual growth rate (CAGR): 11.4 percent

EBIDTA: 693 million euros

2012-2014 CAGR: 10.0 percent

Net Profits: 295 million euros

2012-2014 CAGR: 6.6 percent

CNBC's Bob Pisani contributed to this article