The successor for the legendary Ferrari Enzo, allegedly called the F70, is almost ready. A few weeks ago Ferrari showed the car’s carbon fiber chassis at the Paris Motor Show, as a hint that soon the world will be getting a new Ferrari hyper car. Now new reports suggest the F70 will be revealed as soon as 2013 Detroit Motor Show in January.

While official details are yet to be revealed, rumor has is the new Ferrari is powered by a hybrid V12 with KERS, developing something like 900 horsepower. The F70 will be going head to head with Porsche 918, and the Italians sure don’t want their car make less power than the German’s.

It almost feels like it’s 1980s again. Back then Porsche brought out the 959, a technologically advanced super car with a top speed of 197 mph. A year later Ferrari introduced the F40, which could do 201 mph.

The F70 is also going to be light. Its F1-style chassis is 20 percent lighter than that of the Enzo to compensate for the significant weight of the HY-KERS system. On the upside, the system will make the F70 fuel efficient, sort of, and helps with carbon emissions as well.

via InsideLine