First ever glimpse of the incredible new 700bhp Ferrari 488 GTO in action-packed video

FERRARI has teased a new race version of its 488 GTB supercar.

The 45-second clip reveals what appears to be the long-rumoured 488 GTO - a 700bhp track monster.

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Two cars are seen tearing round a track that bear a striking resemblance to the standard 488.

While the video is cleverly cut not to reveal too much, these screengrabs show what the car will look like.

The £180,000 road car appears to have been given an overhaul with new bodywork and trademark Prancing Horse racing colours.

Ferrari posted the video its official Facebook site with the comment: "New thrills are about to come".

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That "to come" could be sooner than you think with a big reveal expected at the upcoming Geneva Motor Show.

Details are closely guarded on the competition-ready car but its believed to be 10 per cent lighter than the standard car and produce 700bhp - up from 661bhp.

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It's likely to get a racing gearbox, track tyres, an active wear wing and new air intakes with lashings of carbon fibre to keep the weight down.

Ferrari has a long history of making race-legal version of its stunning supercars.

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The 360 got the Challenge Stradale, the F430 turned into the Scuderia and then there was the 458 Speciale.

The standard 488 GTB can top 200mph thanks to a twin-turbo 3.9-litre V8.

And its acceleration is equally impressive with a 0-62mph time of just three seconds.

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