Hugh Pickens writes writes "Fred Meier reports that Ferrari has unveiled its fastest car ever, a nearly 1000 hp. gas-electric hybrid dubbed LaFerrari that does 0-62 mph in less than 3 seconds, 0-124 in less than 7 seconds, 0-186 mph in 15 seconds. "We chose to call this model LaFerrari," says Ferrari's President, Luca di Montezemolo, "because it is the maximum expression of what defines our company – excellence. ...Aimed at our collectors, this is a truly extraordinary car which encompasses advanced solutions that, in the future, will find their way onto the rest of the range." LaFerrari is the company's first hybrid and has a system that incorporates technology developed for the Scuderia Ferrari Formula One race car's KERS (kinetic energy recovery system) setup. In LaFerrari, the hybrid (HY-KERS) version uses a 6.26-liter, non-turbo, V-12 gas engine rated at 800 hp coupled with a 163 hp. electric motor for a combined rating of 963 hp. A second, separate electric motor drives the power accessories."