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Ferrari Hybrid Is the Brand’s Fastest Car Ever

Ferrari SpA's new LaFerrari is the company's first hybrid and its fastest and its costliest supercar ever.
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Ferrari SpA's new LaFerrari is the company's first hybrid and its fastest and its costliest supercar ever.

The Fiat SpA unit unveiled the car on Tuesday at the Geneva auto show, describing it as an "advanced laboratory" for technologies to be found in future models.

The two-seater, which succeeds the Ferrari Enzo, borrows heavily from the brand's Formula One racing technology with its naturally aspirated 800-hp V-12 engine and 168-hp electric motor. The company says LaFerrari can reach 100 kph in less than three seconds and is at least three seconds faster around its test track in Fiorano than any other road car it has ever built.

Ferrari did not announce a price for the new model, but observers predict it will cost at least €1 million. The company plans to build 499 LaFerraris through the end of 2014 and says it already has more than 700 purchase offers.

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