The two-seater replacement for Ferrari's 599 GTB Fiorano, which will likely be called christened the F620 GT, wasn't supposed to come out in the open before February 29, as stated in the company's teaser videos.

However, we don't have to wait that long for our first look at Ferrari's new supercar model as a reader of GTSpirit was able to take a quick shot of the car during what appears to be some sort of a presentation.

The new model adopts a similar design language to the Ferrari FF with curved fenders and a large grille up front, behind which you'll find what the Italian automaker describes as the most powerful engine ever to be used in a regular production Ferrari.

The new Italian supercar that will replace the 599 GTB Fiorano in Ferrari's lineup and which may or may not be named the F620 GT has been video teased for the second time this week.

Sadly, Ferrari's video teasers are of little worth, as we don’t get to see anything substantial about its new supercar model.

What Ferrari has told us is that the 599 GTB's replacement is that it will be the most powerful production model in its history and that it will be fully revealed on February 29, about a week ahead of its first public appearance at the 2012 Geneva Auto Salon.

If you still want to watch the video, you'll find it below the break.

On Wednesday, February 29, Ferrari will finally lift the covers off the replacement for its 599 GTB Fiorano supercar that has been in production since 2006.

In order to create some buzz and get us excited about a car that most of us will only get the opportunity to drive around the virtual tracks of GT5 and Forza, the Italian automaker published a teaser video that includes some scenes with a covered up prototype.

The styling of its cars may have changed several times over the years but one thing remains the same: the magnificent sounds Ferrari's 12-cylinder engines.

The replacement for the Ferrari 599 is no exception, even in an unpolished prototype form. The heavily camo'd test car was filmed around the Italian carmaker's Maranello headquarters with the driver doing his best to please our ears…

Scuderia Ferrari is the only team that has been present in Formula 1 since its conception in 1950. On July 14 1951, it scored its first-ever F1 victory at the British Grand Prix held at Silverstone with a 375 F1 driven by Froilan Gonzalez.

Six decades later, on July 10 2011, Fernando Alonso won Ferrari’s sole Grand Prix in the 2011 F1 season. To celebrate the event, Ferrari has launched the “60 Years of Victories in Formula 1” [60F1] package for the 599 GTB Fiorano equipped with the HGTE handling package.

Even though a Ferrari on fire is nothing new these days, in any other part of the world, a brand new or relatively new 599 GTB Fiorano slowly burning in the middle of the road like an over-sized shish kebab would have at least caused some commotion. But not in Dubai, the land of all things grand, ambitious and insanely expensive.

There's a couple videotaping the roasting Italian spécialité but nothing much else is happening with the drivers on the road just continuing their way.

We don't know how the accident happened nor if anyone was injured – though we assume that if the driver was still inside, someone would have stopped to help. Video follows after the jump.

We're not even half way through the press days of the Tokyo Motor Show, yet we already have news from the next event in our automotive calendar, the 36th edition of the Bologna Motor Show in Italy (December 3 to 11) which will provide the venue for the unveiling of the updated 2012 Ferrari 599XX Evolution.

The 599XX is track beast for a select few über rich of our world that was introduced at the 2009 Geneva Motor Show as replacement for the Enzo-based FXX.

Many often ponder if an exotic Italian supercar like the Ferrari 599 GTB Fiorano really needs to be customized. Well, while it’s a legit question, it really comes down to personal preferences. Fortunately, for those that want to go down that road, there are plenty of tuners willing to modify the 599 according to each customer's tastes and needs.

Anderson Germany is one of those tuners and it has presented a second take on the Ferrari 599. While similar to its previous tune shown in March, Anderson's newest black-widow style Ferrari has some differences, mainly inside where the entire interior has been trimmed in a combination of quilted red leather and black carbon leather with red stitching.

Aside from the Prancing Horse emblem, the clearly defined open-gate gearbox with the chromed lever sprouting from within was Ferrari’s second best distinguishable characteristic.

With the introduction of the 2012 MY California, this tradition comes to an end, at least in the UK. From now on, Ferrari is offering its British customers only one choice in the transmission department: that of an automatic.

Once again, we have caught Ferrari's 599 GTB Fiorano replacement testing out in the open, but unlike the previous test mule we captured on film wearing the current model's body panels, this one is a prototype of the final production model.

The next 599 GTB, which is currently known only by its internal F152 codename, will compete against the new Lamborghini Aventador LP 700-4. It is scheduled to be revealed at the 2012 edition of the Geneva Salon in March, with sales to follow later in the year.

Back to our scoop photos, Ferrari's engineers made sure that we couldn't see the details of its new top supercar as the prototype was craftily covered in a puffy suite. However, the front-engine arrangement and long nose are clearly visible while we also get a peek of the deeply mounted LED tail lamps.

From time to time, automakers manage to overcome their crippling fear of being creative and actually produce something that's original and interesting for viewers. The video you're about to see is one such rare example.

Hop over the break to enjoy the clip and don't forget to power up the volume of your speakers...

Ocean’s 13 got away with stealing diamonds, earning millions of cash and ruining their adversary’s life. British Columbia’s 13, 12 young men and one woman, all under 21 years old, got away with racing each other, reaching speeds of over 125 mph (200 km/h) on a metro Vancouver highway with a $196 fine each.

The Royal Canadian Mounted Police announced that the cars impounded had a combined value of $2 million. These are the supercars that were temporarily seized:

Ferrari seems to be hell bent on replacing its entire lineup in just two years time. In 2010, Maranello revealed the F430’s successor, the gorgeous 458 Italia. This year, the not-so-beautiful (to put it nicely) 612 Scaglietti gave its place to the brand’s first ever four-wheel-drive sports GT, the shooting-brake-bodied FF.

And only three days ago, the Italians debuted the F430 Spider’s replacement, the 458 Italia Spider featuring a retractable hard top that will make its world premiere at next month's Frankfurt Motor Show.

Electric vehicles are the new black. Most mainstream manufacturers either have or are currently developing an EV in order to promote their environmentally friendly profile and at the same time, reduce the average fuel consumption and CO2 emissions of their fleet to comply with stricter future regulations.

However, Ferrari’s president, Luca di Montezemolo begs to differ. And we are talking about the man responsible for transforming Maranello’s supercars from fragile and non-practical toys for the wealthy to the finest in their class, while also turning the Scuderia’s F1 fortunes around bringing home five consecutive world championships.

After the launch of the 458 Italia and more recently, the four-seater FF, Ferrari is now concentrating on the development of its next supercar, which will replace the 599 GTB Fiorano and is currently known by its F152 codename.

Our spy photographers caught up with a test mule of the F152 wearing a modified body shell of the current 599 GTO over a new chassis that is believed to share many components with the FF.

Ferrari's four-seat supercar will also lend its new 6.3-liter V12 with direct-injection technology to the F152, but further honed to develop around 700 horsepower. However, we won't see the FF's all-wheel drive system as Ferrari will keep the F152 strictly rear-wheel drive.