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John Mahoney19 Sept 2018
NEWS

Ferrari reveals 812-based Monza and details future

Italian supercar marque to release 15 new models, including an SUV, by 2022

Ferrari has revealed two limited-edition, retro-styled Monza supercars based on its 812 Superfast at a VIP preview event held at its Maranello HQ.

Available in either one- or two-seat configuration, the new Ferrari Monza SP1 and Monza SP2 were revealed at the private event for customers.

Lacking a roof and any protection from the elements, the two Ferrari roadsters come powered by the same naturally aspirated 588kW/718Nm 6.5-litre V12 that powers the 812.

Performance, unsurprisingly, is devastating. The pair of Monza supercars are capable of hitting 100km/h in 2.9 seconds and 200km/h in just 7.9 seconds, says Ferrari.

Drawing inspiration from the famous 1948 166 MM Barchetta and the later 1954 750 Monza, which gives the special Ferraris their names, the Italian car-maker says its latest creations were designed to provide the same "intoxicating" driving experience as its ancestors.

Ferrari says it will build no more than 500 examples of the two models combined, and the complete production run of Monza SP1 and Monza SP2 vehicles has all already been spoken for with each buyer thought to have parted with more than $1 million ($A1.4m).

The new special-editions, created to boost profit, are part of newly-installed Ferrari CEO Louis Camilleri's five-year business plan that was submitted to investors on Tuesday.

In the future, the car-maker said it would offer more limited-editions based on its core models in a bid to boost profits, as cars like the Monza come with significantly higher price tags and larger profit margins.

The aim, Camilleri told investors, is to double Ferrari's profit to €2 billion (A$3.3b) by 2022.

As part of the plan, in total, Ferrari will launch 15 new models by 2022 with the famous Italian car-maker launching its first SUV towards the end of that time period.

In just four years, the CEO said that 60 per cent of the supercar maker's cars would feature hybrid technology that Ferrari is currently developing, including a new V6 hybrid powertrain.

Originally, the small V6 was thought to have been developed for the much-rumoured Ferrari 'Dino' sub-brand but Ferrari bosses have now confirmed it will provide the basis for an entry-level Portofino.

During the meeting, Ferrari also confirmed it will introduce a new mid-engine model that will have 'more performance than a LaFerrari'.

Perhaps the most controversial part of the new business plans is the decision to press ahead with the production of the car-maker's first-ever SUV, which Ferrari bosses have confirmed will be developed under the codename 'project Purosange' (pure blood).

Set to feature the firm's new plug-in hybrid technology, it's the SUV's job to increase sales volumes.

Despite hedging its bets on hybrids for the near future, Ferrari says it still plans to develop naturally aspirated V12 engines.

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