The next Lamborghini supercar has been spotted testing near the Nurburgring, again. Car Magazine has pegged the the Murcielago's replacement to ditch the LP640’s steel chassis in favour of a carbon fiber tub with front and rear steel subframes. This will make the car lighter than the current flagship, and the rumored 700 hp 6.0-liter V12 engine should make it faster as well.

The new car is rumored to be called the Jota. While it’s connection to bulls could not be found yet (Lamborghini’s car names have connections to bulls,) the name Jota was used on a very small run of Miuras that received race-inspired upgrading in the early 70s.

Official debut will be made at the 2010 Geneva Motor Show. Until then Lambo is expected to have a few new tricks for the smaller Gallardo. The LP560-4 Spyder is expected to appear next week at the LA Auto Show, and various special editions, including a Superleggera version, should be unveiled over the next year.

.