A V12 engine is a twelve-cylinder piston engine where two banks of six cylinders are arranged in a V configuration around a common crankshaft. V12 engines are more common than V10 engines. However, they are less common than V8 engines.The first V12 engine was built in 1904 for use in racing boats. Due to the balanced nature of the engine and the smooth delivery of power, V12 engines were found in early luxury automobiles, boats, aircraft, and tanks.