The latest reports from Ferrari confirm that they’re planning something big. We hear they will be replacing the 430 Spider and the 599 GTB Fiorano, two of its five core models, within two years and are planning to launch a sportier variant of its model 458 Italia. The much anticipated successor of Ferrari Enzo will be launched next year, to the excitement of Ferrari fans.

The 430 Spider model will be replaced by the 458 Spider. With a 4.5 litre V8 engine which produces 570 PS (419 kW/562 hp) and a torque of 540 Nm (398 lb-ft) the power will be similar to that of the coupe. The model, that comes with a retractable hard top, will be unveiled at the Frankfurt Motor Show in September.

The 599 GTB Fiorano will be replaced by an F152. The new model will remain a rear-wheel drive two seater coupe featuring a 6.3 litre V12 engine with an approximate 700 hp (522 kW/ 710 PS), derived from the model Ferrari FF. The model will be unveiled at the Geneva Motor Show with European sales beginning in the summer of 2012.

The limited edition Ferrari Enzo is expected to be launched next year. It will  be a carbon fibre-built car powered by a new, naturally aspirated V12 engine along with weight reduction and fuel saving technologies.

Reports also say that the 458 Italia model is freshening up for 2014 along with 458 Scuderia and California models in 2013.