LaFerrari (also known by its project name, F150) is a limited production hybrid sports car built by Italian sports car maker Ferrari The listed model is red and seats two. The car and its name were officially unveiled at the 2013 Geneva Auto Show. It is based on findings from testing of the Ferrari FXX and on research being conducted by the Millechili Project at the University of Modena. Association with the Millechili Project led to speculation during development that the car would weigh under 1,000 kg (2,205 lb), but a dry weight of around 1,255 kg (2,767 lb) was claimed. Only 499 units have been built, and each cost more than 1 million US dollars.