There's a new season of motor racing upon us, and while that doesn't always mean a new crop of cars in every series, in the case of the 2014 FIA World Endurance Championship, that's exactly what it means. Porsche recently revealed its new 919 Hybrid and Audi its revised R18 E-Tron Quattro. Now it's Toyota's turn.

Revealed today at the Paul Ricard test track in the South of France, the new TS040 Hybrid is based on the TS030 Hybrid it replaces, redesigned to meet the latest regulations established by the FIA and ACO for the World Endurance Championship and its flagship race, the 24 Hours of Le Mans. In accordance with said regulations, the TS040 is two inches narrower than the TS030 and also incorporates a new hybrid powertrain.

The previous 3.4-liter V8 has been replaced by a 3.7-liter V8 developing 513 horsepower, and the new engine is coupled to an Aisin AW electric motor at the front, a Denso electric motor at the rear and a Nisshinbo super-capacitor that combine to kick out an extra 473 hp, giving the system a combined output of nearly 1,000 horsepower while consuming 25 percent less fuel than last year's car. It also gives the TS040 all-wheel drive to help channel all that power to the road.

Toyota will field two TS040s in the WEC this season, with Alex Wurz, Stéphane Sarrazin and Kazuki Nakajima sharing car No. 7 and Anthony Davidson, Nicolas Lapierre and Sébastien Buemi in car No. 8. Following 12 days of testing across Europe, the TS040 starts a two-day test session at Paul Ricard today before making its race debut at the Six Hours of Silverstone in the UK on April 20. From there, the circus heads to Spa, Le Mans, Austin, Fuji, Shanghai, Bahrain and Sao Paulo. Check out the new race in our high-res image gallery above and the press release and pair of videos below for a closer look.