
Updates from the 550 include a renewed interior, but with substantial improvements inside, including bigger brake discs, a larger and more powerful engine, a different weight distribution, refined aerodynamics and fluid-dynamics and an adaptive suspension set-up (the four independent suspensions are also controlled by the gearbox, to minimize pitch throughout the 200-milliseconds shift time). Two six-speed transmissions are available, a conventional manual gearbox and, for the first time on a Ferrari V12, Magneti Marelli's semi-automatic (sequential) 'F1' gearbox. The model number refers to the engine's capacity in litres, whilst the 'M' is an abbreviation of 'modificato' or 'modified'.
For 2005, the company developed a new GTC handling package and Superamerica version (a limited run of 559 convertible variants of the coupe), along with upping the power from 515 PS (379 kW) to 540 PS (397 kW). A base-model 575M Maranello costs US$224,640.
GTC handling package
The GTC package includes Ferrari's fourth ceramic composite brake system (the first 3 being featured on the Challenge Stradale, F430 and Enzo) as well as a more performance-tuned suspension system, low-restriction exhaust system, and unique 19 in wheels. The new brakes are based on the company's Formula One technology. They use 15.7 in discs with six-piston calipers in front and 14.2 in discs with four-piston calipers in the rear. The package is priced at US$23,500.
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