Ferrari recently showed off its new Laboratorio Technologico 599XX experimental car based on the regular 599 GTB Fiorano, and while we all wished the wild concept would eventually go into production, the chances of that happening are next to nil.

However, a tamer version of the car, while still aimed at well-heeled track enthusiasts, could eventually be launched.

Similar in theory to the F430 Scuderia and the 360 Challenge Stradale before that, a hardcore version of the 599 GTB could get an uprated V-12 engine, several weight-saving modifications and a host of aerodynamic aids.

Later reports indicate that such a car is in the works and could even go by the name 599 GTO in honor of the legendary 250 GTO from the 1960s. The 599’s venerable 6.0-liter V-12 is expected to be pumped up to between 680 and 700 horsepower, and this is to be accompanied by an extensive weight-saving program shedding up to 150 pounds from the car’s kerb weight.

Visually, the car will look similar to the Laboratorio Technologico 599XX pictured about but not quite as extreme. Some of the aerodynamic aids from the concept car, such as the new winglets on the rear buttresses and F1-derived ‘doughnuts’ covering the wheels, could carry over into production, however.

Production will almost certainly be limited, with numbers likely to hover around the 500 mark, and the most likely reveal date will be the 2010 Geneva Motor Show next March.

[AutoGespot]