In the traditional control scheme of a 12/8-pole bearingless switched reluctance motor (BSRM), radial force and torque are usually controlled as a compromise due to the conflict between their effective output areas. Additionally, each phase requires individual power circuits and is excited in turn to produce a continuous levitation force, resulting in high power device requirements and high controller costs. This paper discusses a 12/8-pole single-winding hybrid-rotor bearingless switched reluctance motor (HBSRM) with a hybrid rotor consisting of cylindrical and salient-pole lamination segments. The asymmetric rotor of the HBSRM slightly increases the complexity of its structure and magnetic circuit, but makes it possible to generate the desired radial force at any rotor angular position. A control scheme for the HBSRM is developed to utilize the independent excitation of the four windings in one phase to generate the desired levitation force at any rotor angular position, and it requires only half the number of power circuits used in the conventional control scheme of a 12/8-pole single-winding BSRM. Different from the average torque chosen to be controlled in traditional methods, this scheme directly regulates the instantaneous total torque produced by all excited phases together and presents a current algorithm to optimize the torque contribution of each phase so as to reduce torque pulsation, and the improved performance of this bearingless motor is finally validated by simulation analysis.