McLaren Automotive will build a limited-edition hypercar with the same three-seat arrangement as its iconic F1, the British company said.
McLaren described the car as a "hyper-GT" that has been designed for longer journeys rather than optimized for driving on a racetrack.
Production will be limited to 106 units, the same number as the F1. All 106 are sold already, McLaren said, adding that deliveries of the car will start in 2019.
The car, code-named the BP23, will have a hybrid powertrain that is likely to combine McLaren's 3.8-liter turbocharged V-8 gasoline engine with an electric motor.
The same combination was used with the the company's first electrified car, the P1, which is now sold out. Like the P1, the new hybrid is expected to cost more than $1 million.