Ferrari (NYSE: RACE) made it official this week: It's developing an SUV -- or at least, a new model that is intended to appeal to some people who might want an SUV. Sacrilege? You might think so.

The Purosangue is one of the quickest, most powerful, and certainly among the most flamboyant SUVs currently on sale, but Ferrari has never been the type of company to rest on its laurels. As such, it ...