Ferrari have launched their challenger for the 2013 Formula 1 season, the F138. The name of the car is a combination of the year in which it will race - 2013 and the V8 engine, which will bid goodbye to the sport at the end of this season. This will end the eight year run that the V8 engines had in F1. Last season Fernando Alonso struggled with the car’s lack of pace but still managed to keep in contention for the drivers’ title right till the last race. His plucky drives through last season also saw him as the fans’ driver’s champion even though Sebastian Vettel walked away with the crown. This season Ferrari and Alonso will be hoping that they have a faster car, one that can challenge the Red Bulls. The last time Ferrari won the constructors’ title was in 2008 and it was in 2007 that a certain Kimi Raikkonen won the drivers’ title for the team. But Ferrari are confident that they have a better car than last season’s F150. Last season the Italians didn’t have a good start to the season with the car not showing any pace during testing. Team principal Stefano Domenicali is confident this time it’ll be different. "The goal is to have a competitive car right away. Unfortunately last year we struggled during the winter and we weren't competitive right away. We're trying to be much more efficient in preparation now, to have a car capable of exalting our drivers already in Australia,'' said Domenicali during the launch. The F138 is definitely a better looking car than the F150 with Ferrari deciding to do away with the stepped nose design but Domenicali insisted that the decision to use the vanity panel to cover up the nose was also performance driven. "We wanted to go in that direction because the whole project is to improve performance in that area. And it is more beautiful," said Domenicali. Alonso will be hoping that this car has the pace to get him the title that eluded him by only three points last season.