The Touring Superleggera Veloce12 is an updated take on the Ferrari 550 Maranello

While it's more common for retromods to be cars from the 1980s and before, Italian coachbuilder Touring Superleggera has revealed its stunning take on a '90s Ferrari classic, the 550 Maranello.

Dubbed the Veloce12, it's heralded as "a celebration of Pure Italianità" by its maker, laying Italian style and materials over the oily bits from one of Ferrari's finest V12 grand tourers.

The bodywork has been completely redone in carbon fibre, with it staying true to the shape of the original while enhancing all its best features such as that prominent bonnet scoop.

Image: Touring Superleggera

Of course, items such as the lights have been updated with modern LED units, while the interior boasts more ergonomic seating clad in very expensive leather.

Most importantly, the 5.5-litre 'F133' naturally aspirated V12 engine is kept from the donor car, with it treated to a full rebuild along with a new cooling system and exhaust. The gated six-speed manual is also retained.

Image: Touring Superleggera

The result is just under 500hp (373kW), a 25hp increase, which enables it to dart from 0-100km/h in 4.4 seconds on its way to a 320km/h (199mph) top speed.

Touring Superleggera will only be producing 30 examples of the Veloce12, each priced at A$1.12 million (€690,000). That's before the cost of the donor car is factored in as well.

It might be a big price tag, but with 500 raging Italian stallions at your right foot's disposal and the V12 exhaust note to match, it's an experience you can't find terribly often these days.

Image: Touring Superleggera