In 2002, Maserati launched the Coupe and Spyder, based on the 3200 GT, which is not sold in the United States. Both models have a normally aspirated 4.2 L engine producing 390 bhp (291 kW). The top speed is 177 mph (285 km/h), while 0-60 time is 4.9 seconds. The V8 engine is shared between Maserati and Ferrari.

The Spyder was first revealed to the public at the 2001 Frankfurt Auto Show. It made its United States debut at the Detroit Motor Show in January 2002.

Upon its release, the Maserati Spyder became the first Maserati sold in the United States since 1990; the Coupe was released shortly thereafter. They are also the first Maseratis to feature a normally aspirated V8. Maserati had been producing twin turbo engines for 20 years prior to the release of the 2002 Coupe and Spyder.

The two sportscars are available in two transmissions: GT, which is a traditional manual, or Cambiocorsa, in which upshift and downshift paddles are mounted on the steering wheel; this is intended to simulate Formula One driving.

The Coupe and Spyder are designed by Giorgetto Giugiaro of ItalDesign. The Spyder's 96.1-in. wheelbase is 8.6 inches shorter than that of the coupe. The Spyder seats two and the Coupe seats four.

Both models include a computer-controlled automatic damping system, high-performance Brembo brakes, and a touch-screen information center that combines audio and climate controls. A global-positioning navigation system and hands-free phone are available as options. Both come with 15-spoke, 18-inch alloy wheels. Maserati offers a range of exterior colors and ten shades of leather interior; five colors for the Spyder's convertible top are also offered. Maserati owners can even order custom Maserati luggage, made to match their cars' interiors.

The Coupe ranges in price from US$82,633 - $86,877. The Spyder is slightly more expensive, costing US$87,252 - $91,415.

The GranSport is a modified version of the Coupe and Spyder with aerodynamic body cladding, a chrome mesh grille, and special 19 inch wheels. It uses the Skyhook active suspension, with a 0.4 in (10.2 mm) lower ride height, and the Cambiocorsa transmission is recalibrated for quicker shifts.

A special MC Victory edition was unveiled at the 2006 Geneva Motor Show to celebrate the racing success of the Maserati MC12. This version featured extra carbon fibre body panels and interior trim.