Up until now we have only been speculating about what will power the Ferrari Enzo’s successor, but now we know for sure because according to source at Cars UK, Ferrari had to chose between another V12 or a boosted V8 developing somewhere in the neighborhood of 700 HP for the future F70 .
It seems that their source is a well connected Ferrarista that was looking to buy the new super car and of course he had a few questions. The first one being "What engine does it have?". The answer that followed was simply put, "V8". With the follow up question being, "What about turbo lag?". The reply he received from the cool and collected Ferrari customer service representative was, "Turbo lag is no longer an issue".
Ferrari has set their sights a little higher with the Enzo’s successor because the upcoming F70 will compete head to head with other high end super cars like the Lamborghini Reventón and Bugatti Veyron . Following Ferrari’s mantra of building one less model then they think they can sell, there will only be 399 F70s produced and will retail somewhere in the $1 Million range.