Little by little, Ferrari is uncovering and confirming new details about its Enzo successor.

In an announcement on the company’s first quarter results, Ferrari’s Chairman Luca di Montezemolo revealed that the Enzo’s replacement, rumored to be named F70, will be a full-hybrid and will debut at the end of 2012.

“We have a complete new model range brimming with technological innovations, and which deliver significant reductions in fuel consumption and emissions, down by 30 per cent on average,” said di Montezemolo.

He continued: “At the end of the year, we’ll also be unveiling the new Enzo, a limited series model and our first ever hybrid car.”

Ferrari had teased its upcoming flagship model’s hybrid powertrain at the recent Auto China 2012 in Beijing. The new powerplant combined a naturally aspirated V12 with a dual-clutch transmission and two electric motors, one for instant power delivery and the other to power the car’s auxiliary systems.

In regards to Ferrari’s first quarter results in 2012, the Italian carmaker’s revenues rose to €556.1 million (+13.2 per cent) while it delivered 1,733 new cars, an increase of 11.5 per cent over the same period last year.

The automaker noted that the new F12berlinetta made no contribution to these results as deliveries will not commence before the second half of the year.

“After an extraordinary 2011, starting the year with all the economic indicators on the rise is very satisfying indeed,” said di Montezemolo.

The U.S. remained Ferrari’s most important market recording growth of 16 per cent, while the UK reported a 31 percent increase to 177 cars in the first three months of the year and Germany was up 24 percent. In the Greater China market (China, Hong Kong and Taiwan), Ferrari’s sales continued to grow with 154 cars delivered in the first quarter.

In its home market of Italy, however, the harsh economic situation of the country resulted in a 65 percent drop in sales to 121 cars in the first quarter.

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