Should cost more than 175,000 EUR

A new report indicates Ferrari is currently working on an entry-level model which should come out before the end of the decade.
Automobile Magazine has an extensive report about Ferrari's plans for the next several years which will kick off with the 2015 M458-T Italia, a V8 twin-turbo-powered version of the 458 Italia packing around 670 bhp (499 kW). Also next year Ferrari will launch a 1,050 bhp LaFerrari FXX limited at 30 units along with a LaFerrari Spider which will be twice as expensive as its fixed roof sibling and will be produced in 50 examples.
A mid-cycle refresh for the FF is planned for 2016 with a power boost to 700 bhp (522 kW) and will also be offered with a twin-turbo V8 engine. Also that year a refreshed F12 will be out with even more power and slightly revised styling. By mid-2017, Ferrari should introduce a second generation California equipped with the same power retractable hardtop.
The most important piece of the report is related to a new entry-level model speculatively called 456 (although it wouldn't fit in Ferrari's nomenclature) which is believed to adopt a new twin-turbo V6 2.9-liter engine developing 500 bhp (373 kW) and 440 lb-ft (596 Nm). Although not confirmed, the model could be offered with a manual gearbox and will carry a starting price of at least 175,000 EUR.
More details are available at the source link below.

Source: automobilemag.com