On Tuesday, Ferrari unveiled the Purosangue, the Italian car maker’s first-ever four-door production model since the company was founded in 1947.
But don’t be fooled, it may look more similar to the SUVs of luxury brands like Maserati’s Levante and Porsche’s Cayenne with its thicker stance, but, as the Italian sports car maker insists, it’s a sports car and definitely not an SUV.
The Purosangue — the name translates to “thoroughbred” in Italian — was not built on an existing platform, but designed from the ground up as a true Ferrari, underlining that nothing about the build spells SUV.
The car comfortably seats four passengers, with each seat designed to be identical to the driver’s, similar to the company’s supercars. The rear doors are hinged at the rear for comfortable access. And its 6.5-liter, 715-horsepower V-12 engine is mounted behind the front axle.
The company said that the location of the engine and the transaxle, which is mounted at the rear, is designed to evenly distribute the Purosangue’s weight among the four wheels, improving the handling.
Ferrari’s newest model comes with a hefty price tag that will start at 390,000 euros ($389,000). The Italian car maker will begin deliveries in the second quarter of 2023 in Europe, the following quarter in the US, and then by the end of next year in other markets.
Don’t expect to see many of this sleek four-door in the streets, though. Not only is it very expensive, but Ferrari also intends to keep its production under 20% of the company’s total annual vehicle output, or just about 3,000 units per year.
Information for this briefing was found via Ferrari, CNBC, Driving CA, and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.