The engine is 3,902cc in displacement. It has 8 cylinders. If you divide 3902 by 8 you get a number that is cozily close to 488.
Same as the naming convention for Ferraris of old - the 250 (3 litre 12 cylinder), 330 (4 litre 12 cylinder), 365 (4.4 litre 12 cylinder).....the list goes on.
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