The 296 GTB was presented as the first "real Ferrari with just six cylinders" on 24 June 2021. Previously, such models were both designed and built by Ferrari, but marketed as a new, entry-level Dino brand, below Ferrari's exclusively V12-model policy, until 1974. The new car is scheduled to go on sale in 2022. The 296 in the model name reprises the original Dinos's naming scheme, indicating the engine's displacement and the number of cylinders. GTB stands for Gran Turismo Berlinetta.[4][5]