Ferrari shows the FXXK at Abu Dhabi Ferrari Challenge finale

ABU DHABI -- Want to buy the new 1050-horsepower Ferrari FXXK?

If you haven't already written that check, it's too late -- despite the fact that the car only debuted to the public, and a handful of media, today.

The Ferrari FXXK – which, we were told during the unveiling at the Yas Marina circuit in Abu Dhabi, where the final Ferrari Challenge races are underway, is not a racing version of the streetable La Ferrari -- is now available for sale.

Sadly, all of them, probably less than 40 in all, are already sold. Price: $2.5 million Euros, or $3,093,366.24, give or take your daughter’s college fund. That’s about a million more than the La Ferrari, of which they are building 499.

And even if you get an FXXK, which Ferrari admits in print looks like a censored four-letter word, you can’t drive it on the street. This is a track-only car: Try to make is streetable, and Ferrari will, we were told, take action. Specifically, said a spokesman, “We will come and rip off the prancing horse.”

This particular FXXK, which sports the number “10,” because that’s how long this program has been in effect, is gorgeous in person, a darked red than the normal Ferrari shade. There is no visible roll cage; the carbon-fiber cage in built into the structure. While the car is based on the La Ferrari platform, it weighs about 200 pounds less.

On track in May

These cars are expected to take to the track beginning in May, possibly at Mazda Raceway Laguna Seca, with maybe 10 or 15 owners expected to show up, willing to risk scuffing the paint. While the car is yours, Ferrari will take care of it for you, transporting it to the track. Unsaid is that the hand-picked owners, the vast majority of whom already have a collection of likely-priceless Ferraris, have agreed to whatever conditions Ferrari sets just to get one.

And what do you get? A two-passenger supercar with about 1,050 horsepower, coming mostly from its V-12 engine. But this is a hybrid with KERS, supposedly justifying the K in the name. KERS, of course, is Kinetic Energy Recovery System, which recovers electrical energy generated under braking. And with big carbon Brembo discs at each wheel, there will be a lot of energy generated. The V-12 has been substantially overhauled, likely putting out about 850 horses. The rest comes from the hybrid system.

Inside, there is the expected Manettino, which are all those switches and dials on the steering wheel, but for the first time there is a second Manettino allowing for even more adjustability. Many of the controls and suspension tricks come from racing – even the door design comes from the Ferraris that race at the 24 Hours of Le Mans.

Certainly the car is fast, cranking out a lap on Ferrari’s Fiorano test track at 1 minute and 14 seconds, compared to the La Ferrari’s 1:19. But there is a difference – the FXXK comes only with Pirelli PZero slicks, and the La Ferrari has treaded tires. The slicks may be good for a one-second advantage, we were told, but usually slicks will give you more than a second, even on a tight, short track like Fiorano.

Aerodynamic masterpiece

Nicola Boari, marketing director for Ferrari, seems especially proud of all the aerodynamic tricks on the FXXK, especially the twin, truncated rear wings – there are short spoilers on each side, which generate some downforce, but not a whole lot, to maximize straightway speed. But as you slow and turn, when more downforce is needed, the rear of the hatch raises to complete the full-length spoiler.

Or not: It only raises to the height the onboard telematics tell it to for the ideal level of downforce. The La Ferrari does that too, but to a much lesser degree – the FXXK spolier can extend upward a third farther than the La Ferrari spoiler. “The aerodynamics of this car is amazing,” Borari said. “It has a level of aerodynamic efficiency of 2.84. A formula one car is 3.00.” There is 50 percent more downforce than the La Ferrari has at over 130 mph.

The FXXK program is expected to last about two years, and if there are any updates to the later-built cars, all the FXXKs will be updated to maintain parity. But don’t expect much unless a problem arises. Boari says after the two-year racing program is complete, some owners will keep their cars, others will essentially trade them in to Ferrari for what’s next – which Boari suggests is maybe three years away.

Until then, the FXXK, with its slightly naughty name, will be the poster child for Ferrari, as it continues to assert its superiority over, well, pretty much everything else.