The 499P, with its designation reflecting the unitary displacement of its engine, serves as a tribute to Ferrari’s storied racing heritage, particularly with one of the cars bearing the number 50 to commemorate this historic return​

At the heart of the 499P lies a hybrid powertrain, combining a V6 combustion engine with an electric unit on the front axle, delivering a regulated maximum output of 680 horsepower. This powertrain configuration is anchored by a seven-speed sequential gearbox and is designed to conform to the technical regulations of the hybrid-engined Le Mans Hypercar class, ensuring a blend of performance and innovation​

The car also features an Energy Recovery System (ERS) capable of producing up to 272 horsepower (200 kW), further showcasing Ferrari’s commitment to leveraging advanced technology in pursuit of racing excellence​

The design and aerodynamics of the 499P were meticulously crafted with the support of the Ferrari Styling Centre, led by Flavio Manzoni. The car’s appearance is characterized by simple, sinuous shapes that not only comply with the latest regulations but also exude Ferrari’s DNA through a futuristic, pure, and iconic language. The bodywork, designed to optimize aerodynamic flows, along with innovative features like large louvres to reduce pressure in the wheel housings, reflects Ferrari’s approach to integrating form and function​

Ferrari’s exploration of a hybrid system for the 499P reflects a strategic decision to utilize a production-derived engine, emphasizing the transfer of technology from race to road. The deployment of a front axle mounted MGU-K, subject to new regulations that aim for parity among competitors, showcases Ferrari’s adaptability and focus on maximizing performance under stringent technical constraints​

The 499P’s journey from concept to reality involved meticulous attention to transmission and aerodynamics, with Ferrari opting for a bespoke gearbox developed in partnership with high-performance transmission manufacturer Xtrac. This choice was motivated by the need for a gearbox that would not only meet regulatory weight minimums but also complement the car’s aerodynamic and suspension design​

Ferrari’s return to top-tier endurance racing with the 499P is not just a revival of its competitive spirit but also a demonstration of its engineering prowess and dedication to innovation. By melding advanced hybrid technologies with decades of racing heritage, the Ferrari 499P stands as a formidable contender in the Le Mans Hypercar category, poised to redefine the boundaries of endurance racing for the modern era.