There's been plenty to look forward to at this year's Geneva Motor Show, but even with McLaren and Lamborghini both unveiling new supercars at the Swiss expo, nothing has had enthusiasts on the edge of their seats – make that their carbon-fiber racing buckets – quite like the anticipation of the new Ferrari hypercar. The successor to the Enzo (and the F50, F40 and 288 GTO before it) had been referred to by its codename F150, but has now been revealed as LaFerrari.

Italian for "the Ferrari", that may be the dumbest name since Maranello insist on calling its predecessor the Enzo Ferrari. But whatever you make of the name, this promises to be one of the most devastatingly fast cars ever made by Ferrari or any other carmaker. As with any supercar, that will largely come down to the engine. What you're looking at is Ferrari's first "production" hybrid, combining a 6.3-liter V12 and its 789 horsepower with a pair of electric motors fitted to the seven-speed dual-clutch transmission, producing 161 hp to bring total output up to – wait for it – 950 horsepower and over 660 lb-ft of torque.

In case you're counting, that's 47 more horses but just as much twist as the McLaren P1 being unveiled across the show floor. Revving to 9,250 rpm and burdened by just 2,800 lbs of curb weight (a massive half-ton lighter than the F12), the V12-electric powertrain is quoted to hit 62 mph from a standstill in less than three seconds, 124 in under seven and top out over 217 mph. Perhaps the greatest indicator, though, is how fast it makes it around Ferrari's Fiorano test track: at less than 1:20, LaFerrari is a good three seconds faster than the F12 and nearly five seconds faster than the Enzo or 458 Italia.

Those times are made possible by active aerodynamics, a lightweight 132-lb battery pack and a hand-made carbon monocoque produced in Ferrari's F1 workshop. The power's checked by carbon-ceramic brakes with regenerative charging system. In short, it's one of the most technologically advanced automobiles ever created, and promises to deliver the most devastating performance Ferrari has ever unleashed. How it stacks up against the McLaren we may never know, because only 499 will be made, with a sticker price likely to exceed $1.2 million, and Ferrari won't likely lend one out for comparison.