IIRC, wasn't that one actually a Fiat? Thought one of those cheap V-6 ones was. Sort of like Porsch putting their logo on what was sold as a VW in Europe when they sold it here. The 914 I think it was called.
No, the Ferrari was a 3.0L V8 Ferrari. It was supposed to compete with the Porsche 911. It beat the 911 in looks, but not in performance.