The Ferrari F1 GG50 has special modifications inspired by Formula 1 (F1), to improve performance. It uses a 65 degree V12 naturally aspirated petrol engine. The engine develops peak power of 540 horsepower (403 kW), which is 94 horsepower (70 kW) per litre. The compression ratio is 11.2:1. The GG50 uses a sequential mode automatic transmission.