One of the leading automakers of the world, Ferrari is presently working on a new addition to its long list of exclusive and envious cars. It is a GTO version of the Ferrari 599 GTB Fiorano. This will be the very first Ferrari in nearly three decades to get the GTO badge. According to a reputed auto magazine of U.K., the 599 has switched to a Sports car division from being a GT and this has made sure that development work could start on the Ferrari 599 GTO.

There were speculations that an improved version of the 599 GTB Fiorano would be unveiled at the 2010 Geneva Motor Show. The 599 GTO pays homage to the 250 GTO of 1960s which was considered to be quite a legend. Amedeo Felisa who is the CEO of Ferrari unveiled some specs of the upcoming model from the Prancing Horse’s stable while he was interviewed by the EVO. He said that the 599 GT was more like a road going version of Ferrari 599XX. However, the car has superior dynamics if you compare it with the 599 HGTE.

The Enzo-derived V12 engine with a capacity of 6.0 L would provide all the power and with the rev-limit increased it allows a total of 700 HP. The car also manages 0-60 mph in just about 3.2 seconds and can notch up a top speed of 217mph. With a speed in this range, the 599 GTO is all set to be the fastest road car ever from Ferrari.