Ferrari’s first supercar in 11 years will set you back £3,000,000

Ferrari has unveiled its first new supercar in over a decade, a futuristic new twist on an 80s classic which will set buyers back a cool £3,000,000.

Ferrari announced on Thursday that the new F80, equipped with a 1,200-horsepower V6 hybrid engine, is set to be one of the brand’s most expensive models to date. Production will be limited to just 799 units, with deliveries scheduled to begin by the end of next year. 

The vehicle marks Ferrari’s latest move to strengthen its industry-leading profit margins, a key factor that has made it Europe’s most valuable automaker, even though it produces far fewer cars than its competitors.

The F80, a two-seater with a top speed of about 217 miles per hour, is Ferrari’s first supercar release since the LaFerrari in 2013. While ‘supercar’ typically describes high-performance sports cars, Ferrari uses the term exclusively for its rare, limited-edition models that represent the pinnacle of its lineup.

Inspired by aerospace design, the F80 embodies a vision of futurism and innovation. ‘We wanted to do something absolutely futuristic and disruptive, we didn’t want to get carried away with a nostalgic idea,’ Chief Design Officer Flavio Manzoni explained.

The F80 also gets a clever ‘e-turbo’ system which sees an electric motor located between the turbine and compressor of each turbocharger on the engine to help the Ferrari deliver a high power output alongside better throttle response from lower down the rev range.

In terms of performance figures, the F80 can do 0-60mph in just 1.9 seconds and has a limited top speed of 217mph.

Meanwhile, the car’s cell is made from carbon fibre and the subframes for the front and rear suspension components are crafted from aluminium keeping the car’s kerb weight as low as possible – though this exact figure has not been revealed yet.

Externally, the F80 sits 50mm lower than the outgoing LaFerrari and uses a floating bubble structure to make the car more aerodynamic and stiffer. Up front, there is a black screen running across the front of the bonnet, alongside concealed headlights and a huge rear wing that can be stowed away or deployed at the touch of a button. The tail lights are arranged into two distinct ‘layers’, organised into sections in both the rear spoiler and bumper, too.