Ferrari, Italy’s sports car company has introduced LaFerrari, a new hybrid supercar. The two-door vehicle is the first hybrid from Ferrari, and it cuts fuel consumption by 40%. LaFerrari’s top speed is 220 mph, and it can go from 0 to 60 mph in less than three seconds. Only 499 of the cars will be built, each with a $1 million price tag. Click through the gallery for LaFerrari’s specs.