Both the SP1 and SP2 are powered by a variant of the naturally aspirated F140 GA V12 found in the 812 Superfast. The engine has been tuned to generate more than the engine in the 812, for a total of at 8,500 rpm and of torque at 7,000 rpm, making them at the time, the most powerful factory Ferrari V12 road cars ever produced until the release of the 812 Competizione and Competizione A in 2021 featuring an upgraded F140 V12 producing .
