Like an any pending Ferrari debut, rumors about a hybrid have circulated for years. Now, the rumor has been confirmed as true. According to Reuters, among several news agencies, Ferrari will introduce its hybrid technology in March and the first model to get it will be the 599.
Luca di Montezemolo, the automaker’s chairman confirmed at the presentation of the race team’s 2010 Formula One car. Montezemolo said the prototype 599 hybrid will be unveiled at the Geneva Auto Show.
The Italian magazine Quattroruote has reported the Ferrari hybrid new system will use lithium batteries and an electric motor to cut the fuel requirements of the 599’s V12 by 35 percent.
Montezemolo said he wants Ferrari to lead F1 in the transfer of race technology to road cars. Experts report the Ferrari hybrid system is derived from the KERS (kinetic energy recovery system) used in 2009 F1 racing season.