Olympus Corporation presents the company's new "Ferarri Digital Model 2003", the world's first digital camera to be officially sanctioned by Ferrari, in Tokyo.

The limited edition model, with a compact high-resolution lens and four megapixel CCD, was developed to celebrate Olympus' sponsorship of the Ferrari Scuderia Formula One Racing Team.

One thousand cameras will be available at the Formula One Japanese Grand Prix in Suzuka in October or through Olympus's homepage for 80,000 yen.

The company produced 10,000 limited edition cameras.

The Ferrari Digital Camera