The Ferrari 296 GTS, introduced in 2022, is a plug-in hybrid convertible sports car and the open-top variant of the 296 GTB. Production is ongoing as of 2023, with no official figures on total units produced; however, Ferrari typically limits production of such models to maintain exclusivity, appealing to exotic car collectors. Estimates suggest annual production in the low hundreds, aligning with Ferrari's strategy for mid-engine V6 models.

Powered by a 3.0-liter twin-turbo V6 engine paired with an electric motor, the 296 GTS delivers a combined output of 819 horsepower, achieving 0-60 mph in approximately 2.9 seconds and a top speed of over 205 mph. Its retractable hardtop, which operates in 14 seconds, adds to its allure as a versatile grand tourer. The hybrid system offers up to 15.5 miles of electric-only range, a notable feature for modern Ferrari engineering. As a recent model, value trends are speculative, but early demand and limited production suggest strong appreciation potential, especially for early or special-edition units. Its significance lies in being Ferrari's first V6 hybrid convertible, marking a pivotal shift toward electrification in the brand’s lineup.