Ferrari is working on a secret project, called Ferrari Dino. The car will be released in 2009 or late 2008 and will be an entry level model, below the Ferrari F430.
It's expected to be priced at $175,000 to $200,000 and will come with a 4 liter V8, 430 hp engine, with a body structure made of aluminum and carbon fiber. This car will be positioned against the Aston Martin V8 Vantage, the Porsche 911 Turbo, and the Audi R8.