In an interview to Auto Express, Andy Palmer has confirmed that a Ferrari 488-rivaling sports car will arrive in 2020. The yet to be named Ferrari 488 rival will be positioned above the Vanquish and will be significantly cheaper than the Valkyrie’s rumoured price tag of $3 million.
Aston Martin is gathering pace under the able leadership of CEO Andy Palmer with a host of new models planned for the future. The Valkyrie hypercar is all set to go into production in 2019. Close on the heels of the Valkyrie, Aston Martin will build a mid-engined sports car to rival the Ferrari 488. The Ferrari 488 rival will slot below the Valkyrie in the company’s portfolio.
Palmer said, “Within our price pillars, we’ll have Vantage, DB11 and Vanquish-then you have nothing up above them. We have an obvious blind spot where the likes of the 488 sit.” He added that Red Bull Racing, and its lead designer Adrian Newey, will engineer Aston’s 488 rival. The sports car will borrow some technology from the Valkyrie hypercar.
Previously, Aston Martin had hinted that this mid-engine sports car could be powered by a V12 mill, possibly using the new 5.2-litre twin turbo engine that made its premiere in the DB11.
When asked if the new Ferrari 488 rival will be a mid-engined, he said, “It doesn’t, but it’s easier to get the 50:50 weight distribution and that market tends to be defined as mid-engined.”
The Valkyrie will be the first model among the others to come to be mid-engined. But ahead of the Valkyrie, Aston Martin will begin with new front-engine cars before it moves to this mid-engine model.
The mid-engine segment that Aston Martin will compete in will be tough particularly with a new batch of mid-engine sports cars from Ferrari, McLaren, and Lamborghini likely to be launched around the same time.