The new car will be the most powerful mid-engined V8 Ferrari series production supercar yet produced.

The 488 GTB replacement gets a new 710bhp version of Ferrari’s 3.9-litre V8 engine, which is a 49bhp upgrade on the 488 GTB, and the same output as the limited-run 488 Pista and also that of the car’s biggest rival, the McLaren 720S.