It is now official, Ferrari is developing a hybrid sports car. Luca Cordero di Montezemolo, the company president, said, “We are currently working on the development of a Ferrari that will use alternative energy sources and which will be based on what we are doing at the moment in Formula One.” As per the 2009 Formula One regulations for vehicles, all race cars will utilize a kinetic energy recovery system, or KERS, which is essentially the hybrid system. The Italian sports car manufacturer expects to have the new vehicle on the market by 2015. So start saving those pennies.
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