The Ferrari 575M Maranello is a two-seat, two-door, grand tourer built by Ferrari. Launched in 2002, it is essentially an updated 550 Maranello featuring minor styling changes from Pininfarina. The 575M was replaced by the 599 GTB in the first half of 2006. Updates from the 550 included a renewed interior, but with substantial improvements mechanically, 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 were available, a conventional manual gearbox and, for the first time on a Ferrari V12, Magneti Marelli's semi-automatic (Electrohydraulic manual) 'F1' gearbox. The model number refers to total engine displacement in litres, whilst the 'M' is an abbreviation of modificato ("modified").
For 2005, the company developed a new GTC handling package and Superamerica version (a limited run of 559 retractable hardtop variants of the coupe), along with raising the power from 515 PS (379 kW; 508 hp) to 540 PS (397 kW; 533 hp).