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Looking to finally wipe the smug grin off the consistently victorious Audi team at the 24 Hours of Le Mans, Toyota has unveiled its latest hybrid race car; and it’s no Prius.

With 1,000 hp, the new TS0404 Hybrid is an all-new race car designed to meet new regulations for the 2014 FIA World Endurance Championship, including the 24 Hours of Le Mans.

SEE ALSO: Toyota-BMW Sports Car Could Use Le Mans Hybrid Tech

New regulations for 2014 require a 25 percent reduction in fuel usage and to do that efficiencies have been found in new powertrains, aerodynamics and weight. The new cars are significantly smaller than last year’s racers with 10 cm (roughly 4-inches) cut from the width. These smaller cars also have significantly less contact patch with the road, with tires that are also 5 cm (2.5 inches) narrower.

Power did not, however, suffer with Toyota claiming its new 3.7-liter gasoline V8 engine makes 520-hp. Mated to that is a hybrid system that adds an additional 480 hp of electric boost.

Having already undergone testing at Paul Ricard, Toyota will continue to refine the car ahead of its debut at the first race of the FIA WEC Series at the Six Hours of Silverstone on April 20th. There Toyota will compete not only against its rival Audi team but the new Porsche entry as well.

GALLERY: Toyota TS040 Hybrid

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