Ferrari has unveiled its first new supercar in more than a decade, a INR 3.6 million (USD 3.9 million) car that's a futuristic twist on a famous 1980s design.

The new F80 - with a 1,200-horsepower V6 hybrid engine - is one of the Italian luxury manufacturer's most expensive models ever, and only 799 of them will be made, Ferrari said Thursday. Deliveries of the car will start before the end of next year.

Amid a broader slowdown in luxury spending, demand for high-end supercars costing more than USD 1 million remains robust. The standard price in Italy for the F80 will be INR 3.6 million, with prices in other countries to come later.

The two-seater F80, which has a top speed of around 217 miles per hour, is the company's first supercar since it launched the LaFerrari in 2013. While the supercar term is often used to refer to high-powered sports cars, Ferrari applies it to its limited and most expensive models.

The F80's design was inspired by the aerospace industry, the company said. Ferrari "wanted to do something absolutely futuristic and disruptive, we didn't want to get carried away with a nostalgic idea," chief design officer Flavio Manzoni said.

Previews of the model with wealthy buyers went so well that - while contracts haven't been signed yet - all 799 cars have already been informally reserved by potential clients.