There's no denying that Ferrari produces some amazing engines. The Italian automaker creates some of the world's most stunning cars thanks to their sultry lines but also to the powerplants that motivate them. The latest engine from the mighty minds of Maranello is a 6.3-liter V-12 unit built for the all-new F12 Berlinetta. It produces 740 horsepower and devilish noises. It's also the latest Ferrari engine to win the coveted International Engine of the Year award.

This win marks the third victory in a row for Ferrari. In 2012 and 2011, Ferrari won both the Performance Engine and Above 4-Liter categories with its 4.5-liter V-8 engine. This new V12 nabs wins in the same categories, which gives Ferrari six category wins in three years. A truly remarkable feat. It's not a shock though either, as this particular V-12 managed to increase power and performance over the last V-12 engine while also reducing emissions.

Ferrari wasn't the only winner at the IEOTY award festivities, however, as Ford wound up a double winner as well. For the second year in a row, the Blue Oval automaker was victorious thanks to its turbocharged 1.0-liter three-cylinder EcoBoost motor. This plucky little unit has received the highest score in the 15-year history of the award. It's no wonder too, because it's a rather amazing little mill.

The three-cylinder EcoBoost engine produces 123 horsepower and 148 pound-feet of torque, and it does with the typical flat EcoBoost torque curve. Engineers at Ford have employed all sorts of tricks with this engine, and the result is a fuel-efficient, low-emissions, power house.

It's not just about power and size though at the International Engine of the Year awards. Green cars also share a bit of the spotlight, and Fiat has reason to celebrate here. The 2013 Best Green Engine award has been given to Fiat's Methane-powered TwinAir turbocharged two-cylinder motor. Even smaller than Ford's 1.0-liter EcoBoost, the Fiat engine is a 0.9-liter unit that produces 80 horsepower while emitting just 86 g/kM of CO2.

The International Engine of the Year awards are an interesting peek at some of the industry's greatest engineering feats. There are a few familiar names that seem to wind at or near the top every year, but they arrive there in a deservedly so manner. Ferrari has created a truly epic V-12 engine, Ford has produced a nearly mind-bendingly good one-cylinder engine, and Fiat proves that the tiniest of motors can still have a big impact.

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