Ferrari recently unveiled its latest sports car that gives a nod to the past while offering a look into the future.

The 849 Testarossa plug-in hybrid brings back the classic name and replaces the SF90 Stradale in the range.

It features a mid-rear twin-turbo V8 engine that boasts 830 horsepower and is coupled with three electric motors to deliver a total of 1,050 horsepower – 50 more than the Stradale. The new vehicle also sports an on-demand four-wheel drive system.

Ferrari said the new Testarossa will be capable of reaching a top speed of over 205 miles per hour, with a zero-to-62 time of 2.3 seconds.

The original Testarossa was unveiled at the 1984 Paris Motor Show, replacing the Ferrari 512 BBi. The name, Italian for "red head," is a tribute to the automaker's racing cars of the

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