According to the latest information from Ferrari, its Enzo successor is no longer being called the F70; instead, Ferrari is referring to it with the same alpha-numeric combination that it used to identify its 2011 Formula One car.

If you recall, Ford wasn’t too happy about that, claiming that Ferrari’s use of the F150 name, trademarked for Ford’s best-selling pickups, would “dilute the brand.” Facing legal action from Ford, Ferrari changed the F1 car’s name to the F150º Italia.

We can’t imagine that Ford will be too happy about the use of the F150 name in conjunction with Ferrari’s latest supercar, even if it is just an “internal code name” for the car.

Whatever it’s called, the new car will join a select group of uber-exclusive Ferraris, such as the GTO, the F40, the F50 and the Enzo. Of the F150’s design, Flavio Manzoni, head of Ferrari design, says, “I wanted a front end still inspired by F1, but not the same.”

Calling the proposed designs “iconic” and “futuristic,” Manzoni says the final version is “the pinnacle of everything, of the aesthetics and technology of Ferrari.” Technical director Roberto Fedeli promises the car will have “the greatest transfer between F1 and a road car that we ever did.”

In other words, expect the Ferrari F150 to be chock full of the latest technology, yet still possessed of a feel that makes Ferrari unique. At the heart of the car is its carbon-fiber monocoque, which has been under development for over three years.

Designed by Scuderia Ferrari chief designer Rory Byrne, the structure will be built by Ferrari’s F1 composites department. Four different types of carbon fiber will be used in its construction, producing a monocoque that displays 27-percent more torsional rigidity and 22-percent more beam stiffness than the Ferrari Enzo.

Look for a height and wheelbase identical to the Ferrari 458 Italia, though the F150 will come to market with a V-12, a Kinetic Energy Recovery System and a dual-clutch gearbox. To fit all that in a compact package, Ferrari will build the car around the driver. Expect a fixed seat with an adjustable pedal box, and a driving position similar to a formula racing car.

Power will come from a 6.3-liter V-12, similar to the one used in the F12 Berlinetta. The primary difference is that the F150 will further benefit from the addition of Ferrari’s HY-KERS electric hybrid system to boost output and lower emissions. Ferrari claims a 10-percent reduction in 0-200 km/h (124 mph) time, along with a 40-percent reduction in emissions.

The system will allow for precise torque vectoring, traction control and brake force distribution, too, all of which translate to faster times around a race track. Even the batteries have been chosen for optimal weight and output, giving the electric power component of the F150 the same power-to-weight ratio as systems used in F1.

Expect to see the full unveiling of the Ferrari Enzo successor in the coming weeks. We suppose that Ferrari will choose a production name by then, too.