Beyond hybrid technology going mainstream in high volume passenger cars, talk is spilling over into the arena of high performance cars. With recent ventures such as Gumpert's Apollo Hybrid Nürburgring racer, an assortment of specialty manufacturers and even motorsports granddaddy, Formula One, talking about it, the latest admission comes from Ferrari's President Luca Cordero di Montezemolo in an interview with German mag Welt am Sonntag by stating the world famous sports car maker will have a hybrid powered vehicle ready for the market around 2015.

In parallel with the research and development going on with Formula One's Kinetic Energy Recycling System (KERS), which is an brake energy regeneration system, the work being done will influence the development of a new Ferrari that uses an alternative energy source.

Despite a probable backlash from Ferrari purists, this isn't the first time Ferrari has looked towards greener pastures. In the beginning of 2008 Ferrari debuted the E85 powered F430 Spider Bio Fuel Concept in Detroit with the announcement that their goal is to reduce emissions by 40% by 2012.

Gallery: Ferrari Confirm Development of Hybrid Sportscars

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