Ferrari plotting entry-level model with 500 bhp twin-turbo V6 2.9-liter engine - report

[SpeedLimit?]

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

[Sered]

Cool. It'll make as much power as the S55

[Sticky]

Whether we like it or not the turbocharged modern era of Ferrari is here. It began with the California T getting a shared direct injection 3.8 liter twin turbo V8 design with Maserati. That same motor will be tweaked and find its way under the hood of the Ferrari 458. The turbo engines will not stop there as apparently a new 2.9 liter turbo V6 is in the pipeline.

This information comes from Automobile who has absolutely no backing for their story. No quoted source, no official specifications, nothing. They seem to be guessing as they often do. Let's assume they are right for the moment and a new 'entry level' Ferrari is on the way.

Ferrari does not want to dilute their brand image so a cheap car is out of the question. By cheap that means under $200k. Secondly, Ferrari's CEO is opposed to an entry level car. Where Automobile is pulling this information from is anyone's guess.

This new car is supposed to be based on a compacted 458 architecture. The 2.9 liter twin turbocharged V6 would have output somewhere over 500 horsepower. This is all just a bunch of guessing though and Automobile admits as much:

We do not have official confirmation yet, but intelligence indicates that the new twin-turbo V-6 is a 2.9-liter unit. Staying under three liters has serious tax advantages in China. Although the power output will be determined later in the R&D process, 500 hp and 440 lb-ft should be achievable.

Do not get too excited as a lot can change and there is no official confirmation for any of this.

Source