Ferrari unveils its fastest model to date

Ferrari unveils

LaFerrari, Ferrari's new supercar was unveiled at the Geneva auto show today. The 963-hp hybrid is the fastest, most powerful and most expensive Ferrari model to date. It succeeds the Enzo. Ferrari said the car's name, which means The Ferrari in Italian, was chosen to underline its uniqueness in the brand's history.

Hybrid - Power

LaFerrari is Ferrari's first gasoline-electric hybrid model. It is powered by the HY-KERS system, which consists of a 6.26-liter V-12 normally aspirated engine that delivers 800 hp coupled with a 120 Kw (163 hp) electric motor, giving the car a combined power output of 963 hp. Ferrari claims that LaFerrari will accelerate from 0 to 100kph in less than 3 seconds and from 0-200kph takes less than 7 seconds. Ferrari claims also that the car should be able set a laptime of less than 1 minute, 20 seconds on the company's test track in Fiorano. The time is 5 seconds faster than the Enzo and 3 seconds quicker than the F12 Berlinetta. Before the arrival of LaFerrari, the 740-hp F12 Berlinetta was Ferrari's most powerful and fastest model

The price

Ferrari will build 499 units of LaFerrari, 100 more than the Enzo, to meet growing demand for the brand in Asia, particularly China. When launched in 2002 the Enzo's starting price was 665,000 euros with taxes in Italy. Today, used Enzo models retail for more than 1 million euros. During an event last month in Turin, Fiat-Chrysler CEO Sergio Marchionne said the new Ferrari model is already sold out. The base version of the LaFerrari will cost an estimated 1.21 million euros in Italy, with taxes.