Ferrari will be unveiling a new vehicle at the company’s annual event. The event celebrates the end of global auto-racing season and is scheduled to take place this week. That being said, the 1,050-horsepower hybrid prototype – otherwise only available as a prototype for select – “test customers” would likely cost an excess of $2 million for those who might want to purchase the car. Ferrari will likely only produce a few dozen of the cars which will be known as the FXX K and will combine an 860-horsepower V12 engine with an electric engine that will ensure an extra 190-horsepower can be pushed out by the car.


Fiat Chrysler who owns Ferrari plans on spinning the company off in the next calendar year – generating an estimated $5 billion in revenues and to fight against the growing debt that the company is facing individually.

This is a name though that will welcome the independence as Ferrari has one of the most storied names, and storied histories in the history of the automotive world. The company also plans on continuing to build their revenues through maintaining the limited nature of their vehicles – by producing less than 7,000 a year – and focusing on more individual, and even more expensive models of the vehicles they put out on a yearly basis.

This particular car as it stands right now will never see competition, and it will never see traditional use. The car will never have to go through road certification – or race certification – and will get to completely pass the regulator process that can be challenging for cars of this type.

Must Read: Ferrari unveils hybrid prototype

No official price has been noted yet, though the speculation does keep the car in the $2.5 million price range that would fit what many have speculated. However, even with the ambitious plans of Fiat Chrysler and Ferrari as independent companies – the goals are both lofty. While a lot remains uncertain, the company is maintaining a tightly knit circle only allow certain pieces of information to be leaked throughout the process.

Must Read: Ferrari unveils hybrid prototype

Ferrari remains constant in pointing out that this car will never see the road as it stands today, but the technology in the car could be used in future models and ultimately that is the point of a test like this. To ensure that the cars which are being produced are well-tested before launch – given the expense of the vehicles up-front.