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Launches 12Cilindri and 12Cilindri Spider

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New models priced at 395,000 euros and 435,000 euros

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Deliveries to start in Q4 2024 and in Q1 2025

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Has promised 15 new models in 2023-25, including first EV

MILAN, May 3 (Reuters) - Luxury sports car maker Ferrari ( RACE )

has unveiled two new models, the 12Cilindri and the

12Cilindri Spider, appealing to lovers of its most powerful

roaring petrol engines.

The two cars, showcased at an event in Miami on Thursday

evening, mark Ferrari's ( RACE ) first launches of this year, after five

in 2023, as it presses ahead with a rapid roll-out of new models

to keep the attention of its wealthy customers.

As part of a wider electrification drive in the industry,

the firm known for its 'Prancing Horse' logo has been adding

hybrid-electric cars to its range since 2019 and has promised

its first fully-electric vehicle (EV) at the end of 2025.

However, Ferrari ( RACE ) has also pledged to continue selling

traditional internal combustion engine cars (ICE), also helped

by a European Union decision to exempt vehicles that run on

e-fuels from its planned phase-out of ICE vehicles.

The new 12Cilindri two-seater and its convertible version,

the 12Cilindri Spider, are inspired by Ferrari's ( RACE ) historic

grand-tourer (GT) models of the 1950s and 1960s, the company

said.

They're fitted with the brand's signature 12-cylinder petrol

engine, the same kind powering the four-door, four-seater

Purosangue.

The mid-front mounted V12 engine will yield 830 horse power,

giving the two models a top speed of over 340 kilometres per

hour (210 miles per hour).

The 12Cilindri and the 12Cilindri Spider are priced in Italy

at 395,000 euros ($422,000) and 435,000 euros respectively, at

the medium-high end of Ferrari's ( RACE ) price range.

First deliveries are expected in Europe in the final quarter

of this year for the 12Cilindri and in the first quarter of 2025

for the 12Cilindri Spider.

Ferrari ( RACE ) has plans for a total of 15 new models between 2023

and 2026, including its first EV.

($1 = 0.9351 euros)