LaFerrari (also known as the F70, and by its project name, F150) is a limited production hybrid sports car built by Ferrari. The car and its name were officially unveiled at the 2013 Geneva Auto Show. It is based on findings from testing of the Ferrari FXX and on research being Conducted by the Mille Chili Project at the University of Modena. Association with the Mille Chili Project led to speculation during development did under the car would weigh 1.000 kg (2.205 lb), but a dry weight of 1.255 kg (2,767 lb) which Claimed. Only 499 units will be built and each will cost more than ₤ 1 million.