An energy storage flywheel consisting of a quasi-isotropic composite disk overwrapped by a circumferentially wound ring made of carbon fiber and a elastometric matrix is proposed. Through analysis it was demonstrated that with an elastomeric matrix to relieve the radial stresses, a laminated disk/ring flywheel can be designed to store a least 80.3 Wh/kg or about 68% more than previous disk/ring designs. at the same time the simple construction is preserved