Background
You only need one word to explain why the 550 Maranello developed such a following: Daytona.
Because the 550 was the first front-engined V12 two-seater Ferrari offered since the mighty 365/GTB4 Daytona bowed out in 1973, which means that, for almost a quarter of a century, if you wanted a twelve-cylinder, two-seater Ferrari you’d be buying a mid-engined car.
But in 1992, the 456GT arrived with a very special new engine.
The 5.5-litre V12 Tipo F116 featured all the high-tech you could ask for: all-alloy construction; double overhead camshafts per bank; four valves per cylinder; and dry-sump oiling to ensure it could sit as low as possible.
Rumours began to circulate that Ferrari couldn’t leave such a tuneful and potent V12 in a four-seater GT range and, sure enough, the 550 began development in 1993.
Launched in 1996 to a rapturous reception, the engine evolved into the Tipo F133. Retaining the same 5.5-litre capacity, power shot up from 436bhp to 478bhp.
All are six-speed manuals, the gears housed in a transaxle between the rear wheels to ensure there is no more than 20kg of difference between the weight over the front and rear axles.
Drivers and road-testers loved the volcanic power and the way it worked so happily with the car’s variably assisted steering, limited-slip diff and traction control, which could be set to one of two positions - or turned off altogether.
And, apart from ABS, that was the extent of the electronic driver aids and the car was all the better for it: a true, uncompromised front-engined sports GT.
Did we say only one factor explained the 550’s popularity? That might have been true when it was new, but now there’s another.
When it became apparent that later front-engined Ferraris wouldn’t be using a conventional manual gearbox - almost all 575M Maranellos used the F1 paddle-shift - the 550 came to be seen as the last of the breed, which sent prices skyrocketing a few years ago.
They’re more stable now but the fact Ferrari isn’t making these any more should ensure demand remains high.







