Red Racer Ferrari Joins Green Revolution

Italy’s red racing giant Ferrari wants to go green, cutting emissions without sacrificing horsepower and working on a new hybrid model set to thrill pro-environment speed junkies.

“We’re working on reducing energy consumption without forgetting that the symbol of Ferrari is performance,” Matteo Lanzavecchia, head of development, said at the luxury car-maker’s historic factory in Maranello, a small town in the Emilia Romagna region.

“We’ve also managed to up horsepower to 100 while still reducing CO2 emissions by 30%,” he said.

The sleek “California 30”, one of the brand’s most sought-after models with a price tag of 180,000 euros (US$239,000), has been vamped up with the new technology — extra horsepower but weighing 30 kilograms (66 pounds) less than the previous version.

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