The chassis and body of the 718-047 had been built for the 8-cylinder engine from day one, but received the flat-8 for the 1962 season. The car with the 176 kW/240 PS eight cylinder engine was now called as the W-RS (Welt-RennSport, World Racing) Spyder. The engine size remained at 2-litres. Drum brakes were replaced with annular disc brakes. The first outing with the 8-cylinder engine was at the 1962 Targa Florio, but accident stopped the race for 718-047. Up next was the Nürburgring 1000 km race which became a success – the 2-litre W-RS finished 3rd after larger engined Ferraris.