Ferrari flagship on sale Down Under

Ferrari's latest supercar, the front-engined V12 599 GTB Fiorano has officially gone on sale in Australia. But even at $574,000 for the six-speed manual (the F1 sequential manual version will set you back an even $600K) you'd better break open the piggy bank quick smart if you want to secure your very own.

According to Ferrari's Australian distributor, European Automotive Imports, the full allocation for Australia and New Zealand in 2006, and most of 2007, is already spoken for.

The 599 GTB Fiorano is named after Ferrari's own test track. Combining racecar performance (0-100km/h in 3.7sec and a top speed in excess of 330km/h) with comfort, luxury and exclusivity, it features cutting edge technology -- from the F1-Trac electronic chassis control system to the SCM Magnetorheological Suspension that can instantly change the response of the suspension to compensate for differing road and driving conditions.

The Fiorano's 6.0-litre 65-degree V12 engine is a development of the powerplant that graced the limited-edition Enzo and more recently the racetrack-only FXX. Peak power is a staggering 620hp (456kW) at 7600rpm. Torque's nothing to be sneezed at either -- 608Nm, with at least 90 per cent of that available from 3500rpm.

Aussie 599 buyers get extra equipment over their European brethren. In addition to the comprehensive standard spec coloured brake calipers, leather headliner, leather rear bench and sill panel, electric Recaro seats, rear park sensors and a choice of six-stacker or iPod connection are included. You'll have to supply your own iPod though it seems.

The first 599 is due to arrive Down Under in time for October's Australian International Motor Show in Sydney. In the meantime don't expect to read CarPoint's review of the new 599 Fiorano here next week.