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The Ferrari F70 is Rumored to Cost More Than $1.6 Million

The new Ferrari Enzo - currently known internally as the F150 and to some as the F70 - will make its world debut at the 2013 Geneva Motor Show. While the auto show is still a few weeks away, rumors suggest that in Italy the model will be priced at about €1.21 million (about $1.6 million at the current exchange rates). By comparison, back in 2002 Enzo was priced at €665,000 (about $890,000 at the current exchange rates). The model will be limited to only 499 units.

Final specifications on the new Enzo are still to be released, but the Italian maker did promised it will deliver much more than the current F12berlinetta, which delivers a total of 740 horsepower. Still, when compared to the current supercar, the next Enzo will combine a V-12 normally aspirated direct-injection gasoline engine with an electric motor for a total output of more than 900 horsepower.

The model will use lots of carbon fiber in its construction in an attempt to keep the car’s total weight as low as possible.

Full details will follow closer to its official launch in Geneva.

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Ferrari Reveals More Details On The Upcoming F150 Supercar

Ferrari Reveals More Details On The Upcoming F150 Supercar

Christmas is just a few days away and Ferrari decided to make us the coolest gift ever: more details on the upcoming Enzo successor - internally known as the F150. First, Ferrari offered full details on the powertrain system set to be used in the F150, a walloping 740-horsepower, 6.3-litre V12 engine introduced in the new F12berlinetta combined with the latest evolution of HY-KERS electric hybrid system that we first saw at the Geneva Show in 2010.

This new HY-KERS system has been described as a "performance enhancer" and Ferrari has promised it will shave about 10% off the car’s 0-200 km/h (124 mph) time. At the same time, emissions will be reduced by 40%. The new HY-KERS system will also enhance the supercar’s torque vectoring system, traction control and brake force distribution that will generate kinetic energy to charge the batteries.

Ferrari also paid lots of attention to the batteries used in this system so that the electric motor/ancillaries/battery unit will deliver a weight-to-power ratio of one.

As previously reported, the next F150 will feature a carbon-fiber monocoque. For its development, Ferrari used a total of four different types of carbon-fiber - all of them hand-laminated and the cured in autoclaves, resulting in an increased torsional rigidity of 27% and beam stiffness by 22% compared to the Enzo.

The next F150 will be as tall as the 458 Italia and the interior will be fully designed around driver. The model will be offered with fixed seat designed according to the customer’s dimensions and with an adjustable pedal box and steering wheel.

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2011 Ferrari 150° Italia Formula 1 Car

2011 Ferrari 150° Italia Formula 1 Car

Ferrari drivers, Fernando Alonso and Felipe Massa, were on hand at the company’s Maranello headquarters to draw back the drapes covering the new "150°" Italia Formula 1 car. The 150° Italia is Ferrari’s fifty-seventh single-seater and is named as a tribute to the 150th anniversary of Italy’s unification.

Built to comply with all of the regulations set forth for the 2011 season, the 150° Italia, internally known as the 662, features a more aerodynamic front and a hydraulically controlled adjustable rear wing (replacing the now illegal double diffuser and blown rear). The KERS regenerative brake system also makes a comeback in this model thanks to a higher minimum weight and stricter controls on weight distribution figures.

Tests are still being run on the new race car in Valencia, and the team predicts that a few more changes will be made before the first race in Bahrain in March 2011.

UPDATE 02/10/11: It seems like trouble may have found a soft couch at the Fiat household. Apparently, Ford wasn’t all that happy when Ferrari decided to name their 2011 Formula One car "F150" as an ode to the 150th anniversary of the Unification of Italy. According to the Blue Oval, the name drew too close to their F-150 pick-up truck and has since filed a lawsuit against the Italian automaker on grounds of trademark infringement. Ferrari quickly clarified the matter, saying that the F150 is actually an abbreviated version of the car’s real name, the "F150th Italia". On that note, Ferrari will begin using the complete name of the car moving forward to avoid all the trouble.

UPDATE 03/07/11: Either somebody is having a hard time letting go or it’s just a pretty serious case of ’fickle-itis’. Either way, Ferrari has once again changed the name of their 2011 Formula One car from the "F150th Italia" to just "150°". Apparently, the symbol ’°’ is the equivalent symbol of "th" in Italian. So there you have it, Ford. Ferrari has acquiesced to your demands. Now you can go about and try convincing people that your F-150 truck isn’t really a Ferrari Formula One racer.

Hit the jump to read more about the Ferrari 150° Italia Formula 1 Car.

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