Ferrari is aiming high and looking to expand its yearly sales volume to around 8,000 a year.

"A lot depends on India, Latin America and China. There is growth potential there," said Ferrari boss Luca di Montezemolo in an interview with German magazine Auto, Motor und Sport.

And the Chinese market is key since it will be Ferrari's third largest by the end of this year.

Ferrari is on track to sell between 6,800 and 7,000 vehicles for 2011 - 500 of which will be in China, up from 300 units in 2010.

Still, the number is ambitious given the uncertainty in Japan, where Ferrari sells 400 units a year, and the question of for how long those high levels of economic growth in China can be maintained.

Gallery: Ferrari aiming for 8,000 unit sales per year - report

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