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Ferrari SUV: CEO Marchionne confirms new crossover is coming by 2020

Published: 17 January 2018

► F16X: Ferrari's take on the SUV
► Boss admits crossover project is live
► Due 2021, could pack hybrid power 

After years of denials and rumours, Ferrari has confirmed it’s making an SUV, and now its CEO Sergio Marchionne has revealed more about it. According to a new report by Bloomberg, Ferrari’s SUV will be coming in 2019 or 2020, and it’s got the Lamborghini Urus firmly in its sights.

Speaking at the Detroit motor show in January 2018, Marchionne hinted that’d it’d be the fastest SUV on the market, meaning it’ll have to beat the Urus’s physics-bending performance. Lamborghini’s SUV has a top speed of 189 mph, so the new Ferrari will need to be seriously quick.

The Ferrari off-roader’s styling remains shrouded in mystery, but our sources suggest it’ll retain hints of Ferrari’s front-engined models, albeit on a taller, larger chassis.

CAR magazine confirmed the existence of the Ferrari SUV project in 2017, and you can read everything we know about the SUV below.

Ferrari SUV: everything else you need to know

Ferrari is bowing to the inevitable and drawing up plans for a sports car with more than a hint of genus off-roader about it. Company boss Sergio Marchionne referenced the project at a call with investors following the interim results in August 2017.

Despite years of denying it would build an SUV, CAR magazine can confirm that it's now an active project in Maranello - and even has its own codename: F16X, which will be built alongside the next-gen GTC4 shooting brake range.

Ferrari SUV: why it can't ignore the SUV trend

'It will probably happen but it will happen in Ferrari's style,' Marchionne told analysts last summer, as he announced a 24% jump in second-quarter profits. 'That space is too big and too inviting and we have a lot of customers who will be more than willing to drive a Ferrari-branded vehicle that has that king of utilitarian objective.'

Automotive News reports that Ferrari is preparing a five-year product plan that runs through to 2022. It will likely be presented in spring 2018, detailing the timeframe for a Ferrari crossover.

A scoop dossier in the July 2017 issue of CAR magazine reveals the full story on what Ferrari insiders swear isn't an SUV. Instead they call it an FUV, or Ferrari Utility Vehicle.

That means it'll stick with an aluminium architecture and all-wheel drive (significant that; Ferrari has quietly developed a lot of 4wd knowledge since launching the FF, above, in 2011).

It'll be taller than its next-gen GTC relation and we hear it'll have suicide back doors, allowing for a huge doorway and no B-pillars for unimpeded access to the rear seats.

Ferrari SUV: engines and specs

The F16X crossover will eschew the V12 power available in the GTC4 Lusso, instead offering a V8 petrol or a hybrid powertrain.

That's right: the Ferrari soft-roader will be the brand's first petrol-electric car since the LaFerrari.

Ferrari SUV: price

How much will the Ferrari crossover cost? In excess of €300,000 (£265,000), according to our insiders.

It's good business, alright. Adding a tougher, rougher Ferrari could help double sales of the prancing horse to around 16,000 a year by the early part of the next decade. Which makes it easier to understand CEO Marchionne's apparent U-turn in deciding to chase the 4x4 dollar, albeit in a very Ferrari-friendly fashion.

By Georg Kacher

European editor, secrets uncoverer, futurist, first man behind any wheel