Luca Cordero di Montezemolo, Ferrari’s 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.”

The technology he’s referring to is Ferrari’s Kinetic Energy Recycling System (KERS), which is part of the requirements for the 2009 Formula One season. This move to make racing more efficient is partly driven by EU regulations forcing car manufacturers to reduce their fleet-average emissions to less than 130 grams per kilometer by 2012.

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