This is Ferrari’s 2011 Formula 1 challenger, called the F150. The new Prancing Horse is currently racking up some precious mileage at the Ricardo Tormo circuit, in Valencia, Spain. Just like previous years, Ferrari’s Formula 1 livery pretty much looks the same, apart from some minor changes.

Among others, this year’s car has an Italian flag finishing on the rear wing. The name F150 and the flag points to the 150th anniversary since the unification of Italy. You can also see a different Scuderia Ferrari logo on the engine cover which moves away from the “bar code” version used previously. Ferrari received unwanted attention last season as the previous version of the logo reminded many of the Marlboro brand.

The new car has a slightly raised front end which is supposed to improve airflow. A stronger indention of the sidepods, the use of KERS and a moveable rear wing make up some of the changes as well. Like its rivals, the F150 is also planted to the ground with Pirelli tires. The driver line-up remains the same for the team with Fernando Alonso and Felipe Massa. Ferrari nearly clinched the Driver’s Championship last season but it went Red Bull’s way. Can Ferrari do it this season? We will see!

An image gallery is available after the jump.

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