Ferrari unveils new $320,000 hybrid sports car


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Ferrari unveiled a new plug-in hybrid car as the luxury sports car maker famed for its roaring combustion engines retools its range for an electric era.

The 296 GTB is Ferrari's third hybrid to go into production, which excludes limited-edition vehicles. It follows the SF 90 Stradale in 2019 and last year's convertible version, the SF90 Spider.

Ferrari chief marketing and commercial officer Enrico Galliera said the 296 GTB created a new segment.

"If the SF 90 was designed to reach the peak of performance, this has been designed for the peak of pleasure of driving," he said in a web presentation. "We expect this will also help us attract clients who are not driving a Ferrari now."

The two-seater will cost 269,000 euros ($321,000), reaching 302,000 euros for the "Assetto Fiorano" high-performance version. It will have a top speed of over 330 kilometres per hour.

The Italian company known worldwide for its prancing horse logo and red racing cars has promised its first full-electric model in 2025.

"It's a process which has started a couple of years ago," Mr Galliera said. "We're working to cope with regulation and the task of reducing emissions."

Ferrari and its rivals are wrestling with how to shift their line-ups to battery power without losing the high performance that supports their premium pricing.

Porsche, part of the Volkswagen group, already offers a full-electric vehicle with its Taycan model, but Ferrari is ahead of its arch-rival Lamborghini, also part of Volkswagen, whose first full-electric car will not appear until the second half of this decade.

To propel the company into a new era of electrification, Ferrari has picked technology industry veteran Benedetto Vigna as its new chief executive.

The 296 GTB will be fitted with a 6-cylinder (V6) mid-rear turbo engine, the first on a road car with a Ferrari badge, although such engines have roots dating back to the 1950s in Ferrari racing cars.

Ferrari road cars are normally powered by V8 or more powerful - but also more polluting - V12 engines.

Still, the V6 engine, coupled with a 122 KW electric motor, can produce a massive 830 horse power.

Like the SF90 Stradale, it can deliver 25 km of silent electric-only power. First deliveries are expected in the first quarter of 2022, starting from Europe.

The 296 GTB is the third of three cars Ferrari has promised for this year. Its first-ever SUV, called Purosangue (Thoroughbred), is expected next year.

Farage on Muslim Brotherhood

Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.