diff --git a/README.md b/README.md
index 7e41767..17376fc 100644
--- a/README.md
+++ b/README.md
@@ -80,6 +80,7 @@ model_aliases = {
     "task1_model": GPT_4_0125_PREVIEW,
     "task2_model": "claude-3-opus-20240229",
     "task3_model": "claude-3-haiku-20240307",
+    "new_gpt4_model": "gpt-4-0806",  # New GPT-4-0806 model
 }
 
 client = Spice(model_aliases=model_aliases)
diff --git a/spice/models.py b/spice/models.py
index c858f91..ad97358 100644
--- a/spice/models.py
+++ b/spice/models.py
@@ -112,6 +112,14 @@ class UnknownModel(TextModel, EmbeddingModel, TranscriptionModel):
 
 GPT_4_32K_0613 = TextModel("gpt-4-32k-0613", OPEN_AI, input_cost=6000, output_cost=12000, context_length=32768)
 
+GPT_4_0806 = TextModel(
+    "gpt-4-0806",
+    OPEN_AI,
+    input_cost=300,  # Adjust this value to the correct input cost in cents / million tokens
+    output_cost=600,  # Adjust this value to the correct output cost in cents / million tokens
+    context_length=128000  # Adjust if the context length is different
+)
+
 GPT_35_TURBO = TextModel("gpt-3.5-turbo", OPEN_AI, input_cost=50, output_cost=150, context_length=16385)
 """Warning: This model always points to OpenAI's latest GPT-3.5-Turbo model, so the input and output costs may incorrect. We recommend using specific versions of GPT-3.5-Turbo instead."""
 
diff --git a/tests/test_models.py b/tests/test_models.py
new file mode 100644
index 0000000..01c61d3
--- /dev/null
+++ b/tests/test_models.py
@@ -0,0 +1,10 @@
+import pytest
+from spice.models import get_model_from_name, OPEN_AI
+
+def test_gpt_4_0806_model():
+    model = get_model_from_name("gpt-4-0806")
+    assert model.name == "gpt-4-0806"
+    assert model.provider == OPEN_AI
+    assert model.input_cost == 300  # Adjust to the correct input cost
+    assert model.output_cost == 600  # Adjust to the correct output cost
+    assert model.context_length == 128000  # Adjust if the context length is different
\ No newline at end of file