MT CONFIDENTIAL

. Sources in Modena say work on vehicle architecture ideas took place in 2018, but actual development of the car did not start until January 2019. With start of production scheduled before the end of this year, that means a. What it won’t be, Ferrari sources say, is a high-volume cash cow generating profits that will be plowed back into the development of sports cars, like Porsche’s Cayenne. Word out of Maranello is the Purosangue will be priced at more than $300,000 when it arrives in the U.S. in 2022. Production will be limited to no more than 10 percent of total Ferrari volume. The Purosangue will be built on the brand’s modular, PHEV-friendly GT architecture. It is rumored to be launching with a hybrid powertrain packing a total system output of about 700 hp. . The good news: It gets two versions of the S58 twin-turbo inline-six under the hood, one with 480 hp, and a Competition-spec variant with 510 hp. Whispers out of Munich suggest the base M3 will be rear-drive, but a switchable AWD system similar to that in the M5 (which has rear-drive-only mode) will also be available. But wait, there’s more. Rumors abound of a stripped-back entry-level version of the new M3 that will get a proper six-speed manual transmission. . When the current model is replaced in 2023, it will likely be built on a new platform designed for better integration and packaging of increasingly complex mild and plug-in hybrid powertrains, and to accommodate engines ranging from compact inline-fours to big V-12s.