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A new Ferrari has been spotted numerous times in the past, sometimes near the factory, once on the Fiorano race track in Italy, and even in its production form a month before the reveal. Now, it’s finally out of the box. The Italian automaker has unveiled its latest car – the 296 GTB – and it will sit at the bottom of the hierarchy. The 296 GTB comes with a V-6 engine, a first for a road-going, production Ferrari. This mill displaces at 2.9 liters and is paired to an electric motor.

While a six-pot mill may be a bummer for many people, it isn’t exactly a downgrade to the F8 Tributo. The 296 GTB makes 830 horses combined! Pretty insane for a plug-in hybrid V-6, isn’t it?

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