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When the traditional front-engined 365 GTB/4 Daytona had been replaced by the Mid Engined Flat 12 Berlinetta Boxer in 1973, the front engined V12 GT was put to rest and the mid engined configuration remained through Testarossa, 512 TR and F512 M until 1996 when the F512 M's replacement was once again developed as a traditional front-engined V12 grand tourer.
After a 30 months of development, the Ferrari 550 Maranello was first presented in July 1996, The model name referred to the 5.5-litres total engine displacement and to the town of Maranello, home to the Ferrari headquarters and factory.
Pininfarina executed both the exterior and interior design. The, frame and main engine components were shared with the Ferrari 456, although at 2,500 mm (98.4 in) the 550's wheelbase was 100 mm (3.9 in) shorter.
In total 3,083 units of the 550 Maranello were produced worldwide, all with a manual gearbox. In recent times the 550 Maranello has become very collectible, even though the UK received some 457 Right Hand Drive units, they're demand is ever increasing and prices continue to rise - especially for low mileage cars, given that the 550 was such a good grand tourer, many of them have clocked up substantial mileages in the intervening 19 years since its launch.