a 1.0-litre 3-cylinder turbocharged Daihatsu engine. De Tomaso sold Innocenti to Fiat in 1993. Revival 2009 acquisition In 2009 the De Tomaso trademark was bought by Former Fiat executive Gian Mario Rossignolo who founded a new company named "De Tomaso Automobili SpA". A new business plan for the company called for producing three models for a total of 8,000 vehicles: 3,000 crossovers, 3,000 limousines, and 2,000 two-seater sports cars. 2011 De Tomaso Deauville At the 2011 Geneva Motor Show, De Tomaso presented a new model. The new De Tomaso Deauville was to have been a five-door hatchback/crossover vehicle with all-wheel drive, which, in the details of its styling, quotes models from BMW and Mercedes-Benz. The proposed range included two gasoline engines with 300 PS and 500 PS as well as a diesel from VM Motori with 250 PS. The Deauville remained a prototype, as the new company never started production and the company chairman, Rossignolo, was arrested in 2012 on account of misappropriation of funds taken from the Italian government to revive the De Tomaso brand. As a result, 900 employees of the company were made redundant. Rossignolo was sentenced to five and a half years of imprisonment on the charges of fraud and embezzlement in 2018. 2014 acquisition The rights to the De Tomaso brand were acquired by Norman Choi of Ideal Team Ventures in 2014. The new management under Choi's leadership undertook the task of reviving the brand. Five years later, the company unveiled its first product, the P72 retro-styled sports car at the Goodwood Festival of Speed, at the time of 60th anniversary of the De Tomaso brand. The car had been in development under the code name of "Project P". The new car is based on the Apollo Intensa Emozione's monocoque chassis, a car manufactured by De Tomaso's sister company Apollo Automobil and 72 units of the car will be sold. P900 In November 2022, De Tomaso announced a track-only hypercar named the P900. The new vehicle will have a 900-horsepower 6.2-liter naturally aspirated V-12 engine designed to run on carbon-neutral synthetic fuels. De Tomaso only plans to produce 18 P900s and sell them for a starting price of $3 million USD. At the time of the announcement, the V-12 engine was still in development and would not be fully ready until late 2024, leading De Tomaso to also offer a V-10 engined option. Formula One