New Ferrari Enzo coming by the end of 2012 image

The successor to the Ferrari Enzo will hit the market by the end of this year, according to Luca Cordero di Montezemolo, the company’s chairman, who spoke with the reporters during the 2012 Geneva Motor Show.

“It will be presented to collectors and it will be a car with three aims: to amaze in terms of technological innovation, astonish and amaze in terms of design and amaze with its name. After calling a car Enzo in tribute to our founder indeed it isn’t easy to find a proper name for this car”, said Luca Cordero di Montezemolo, who also added that the Enzo’s successor will come by the end of 2012.

Initial rumors were saying that the successor of the Ferrari Enzo, which is expected to be codenamed the F70, will be powered by a massive 7.3 liter V12 engine. The powerful unit will develop 920 horsepower, but there is no official word on this yet. The Ferrari F70 is also expected to be fitted with a similar system to Porsche’s KERS (Kinetic Energy Recovery System), which will help the new supercar to generate an extra 120 horsepower. The Enzo’s successor will weight around 1,134 kg (2,500 lbs) and it will go against models like the McLaren F1 replacement and the Porsche 918.