advertisement

Follow Mint Lounge

Latest Issue

| Log In / Register

Home > Fashion> Trends > Ferrari's latest car for the ultra-wealthy costs $2.26 million

Ferrari's latest car for the ultra-wealthy costs $2.26 million

With an 840 horse power, the 1960s-inspired Daytona SP3 will be produced in 599 units

Ferrari's new Icona-series model.
Ferrari's new Icona-series model. (via REUTERS)

Ferrari's new high octane model, the Daytona SP3, ends a long wait by lovers of its Icona-series cars, although it may not be welcomed by those trying to curb carbon emissions.

advertisement

advertisement

With an 840 horse power, 12-cylinder (V12) aspirated mid-rear-mounted engine, the Daytona SP3 pays tribute to the Ferrari 330 P3/4, which dominated the 24 Hours of Daytona in 1967.

MORE FROM THIS SECTION

view all

Also read: A Ferrari that serves luxury but no real power

The Daytona SP3 will be produced in 599 units, with a not-for-everyone price of 2 million euros ($2.26 million) in Italy. Deliveries will start at the end of next year and are expected to be completed in 2024.

Ferrari presented its latest Icona over the weekend just as new chief executive Benedetto Vigna sets the Italian luxury sports car maker on the road to full electrification.

advertisement

advertisement

Vigna is a tech industry veteran who in September became CEO of Ferrari, which has promised to deliver its first fully electric vehicle in 2025.

In the meantime, Ferrari fans have been waiting more than three years for the second Icona after the Monza in 2018.

Ferrari's Iconas are special series cars produced in limited numbers, reserved for ultra wealthy private collectors and inspired by legendary models from the past.

MORE FROM THIS SECTION

view all

Recognised by its 'Prancing Horse' logo and red racing cars, Ferrari already has three electric hybrid models in its range, including the 296 GTB sports car it unveiled this year.

advertisement

advertisement

Ferrari has increasingly reserved its polluting V12 engines for limited series models and Iconas made up just 2% of the units it shipped in the last quarter, while V12 cars accounted for 12% of group shipments. It will make less than a combined 1,600 V12 812 Competizione and 812 Competizione A models, launched this year, with a starting price just under half a million euros ($564,000).

Also read: What you'll find at Ferrari's new restaurant?

  • FIRST PUBLISHED
    21.11.2021 | 05:20 PM IST

Next Story