What the Mondial was all about was that it was a V8 2+2 midengined car. Like RC already pointed out it wasn't a cheap Ferrari, as suggested in the first post.
Like most people, I'm not in favour of a smaller, cheaper Ferrari as Ferrari already produces too many roadcars at present to see to it that they remain exclusive and special.
Although I don't think there's enough room in the model range below the 612 Scaglietti it would be very interesting to see what Ferrari's modern take of a V8 2+2 midengined (rear midengined in this case, not front midengined like the 612) would look like.
Last remark: It wouldn't be a first for Ferrari, to design a significantly smaller car. Ferrari tried it in the sixties. The ASA 1000, nicknamed 'Ferrarina', was a small 1032 cc 4 cylinder car, designed by Bertone. Chassis and engine were built by Ferrari, but the car was not produced at Maranello. A little over 100 were built as the project never was succesful. Beautiful little car though.
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