LaFerrari FXX K boasts a whopping 1,035 horsepower
Meaner, faster and louder track- only super- Ferrari could cost about $ 3.5 million
Ferrari is giving a group of its customers the chance to try out a 1,035- horsepower hybrid prototype car that was unveiled in Abu Dhabi, U. A. E., at its annual event celebrating the end of the global auto- racing season on Wednesday.
The FXX K, based on the Italian supercar manufacturer’s $ 1.4- million LaFerrari hybrid, combines a 860- horsepower V- 12 engine with an electric one providing an additional 190 horsepower, the Maranello, Italy- based company said in a statement.
Ferrari will build just a few dozen of the model, which may cost about $ 3.5 million apiece. The FXX K will be reserved for a limited number of customers who will use the car only on tracks in private sessions or at events organized by the manufacturer.
The program allows Ferrari to test some extreme features that may be used in vehicles eventually built commercially without having to meet road- certification or racing regulations. The FXX K will never be used in competition.
Ferrari, which has restricted production to about 7,000 cars a year to preserve the brand’s exclusivity, plans to boost profit with more expensive and limitedrelease models and additional services as chairman Sergio Marchionne separates the business from Fiat Chrysler. The FXX K is the first Ferrari model unveiled since Marchionne, who runs Fiat Chrysler, took the post at the supercar producer in October following the departure of Luca Cordero di Montezemolo as chairman.
The London- based parent company plans to spin off Ferrari next year to help raise about $ 5 billion to counter mounting debt, giving investors a chance to buy into one of the auto industry’s the most storied names.
The prototype debuted on the Abu Dhabi circuit Wednesday as Ferrari gathered customers and fans in the Persian Gulf emirate for the end- of- season celebration, which it’s staging outside Europe for the first time. The automaker plans to show more than 200 exotic and limited- series models, including 74 challenge cars and 17 Formula One single- seaters.