True, but likey thats all due to Ferrari exclusivity. Not because its necessarily worth that much per engine, but its because Ferrari can charge it.
Its base architecture and design. Fords got the block, heads and cams to make power, the flat plane crank (for engine volumetric efficiency) and anti vibration R&D is what was needed. Sounds like its been worked out.
I'm well aware of how an engine works and where the power comes from.
Exclusivity may have a small part in the price but that engine is definitely much more highly engineered and refined than any mass production engine you will see from Ford. It's not a knock against Ford and I'm sure the new engine will be a fantastic piece. However, you just can't compare it to a Ferrari engine. Ever.