The SF1000 name comes from the fact that Ferrari will take part in their 1000th race in Formula 1 in 2020.
"Ferrari is proud of Italy. We are proud to represent Italy in the world," said Ferrari chairman John Elkann. "The Ferrari SF1000 is called this because in this world championship, Ferrari will run its 1000th Grand Prix, and if you look at the 70 years of Formula One, Ferrari has been a part of it since the beginning.
"We have race 991 Grand Prix and won 238, and in spite of all these victories, we're still eager to win."
Ferrari became the first of the top order to reveal their 2020 entry after Mercedes revealed their new livery only on Monday.
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.
We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.