The Ferrari 550 Maranello, produced from 1996 to 2002, marked a significant return to front-engine, rear-wheel drive layouts for Ferrari's two-seater V12 models, a design not seen since the 365 GTB/4 Daytona. This grand tourer harmonized power and elegance, powered by a robust 5.5 L V12 engine. In total, 3,083 units were manufactured before it was succeeded by the improved 575M Maranello in 2002. Not originally intended for motorsport, the 550 saw action in racing series like the FIA GT Championship and American Le Mans Series through privateer efforts, showcasing its versatility and performance. The model's excellence was recognized in 2004 when it won Evo magazine’s ‘Greatest Drivers’ Car’ showdown and its engine won the "over 4 litre" class of the International Engine of the Year award for 2000 and 2001.