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Ferrari said today that it is getting ready to unveil a new eight-cylinder model at the Frankfurt Auto Show and again dismissed speculation of a smaller and cheaper Ferrari.

Before the end of the year, we will have a new car,’ he told journalists. ‘It will have a V8 and F1 technology. It will embrace the know-how of weight reduction and high performance learnt from our F1 experience.’ Speculation point to a F430 Challenge Stradale.

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Report: Ferrari to launch new model at Frankfurt

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