The engineering arm of the Red Bull Racing Formula One team will develop a hypercar that will rival the troubled Valkyrie project it helped create for Aston Martin.
The RB17 hypercar will have a starting price of 5 million pounds ($6.1 million) before local taxes and will be restricted to 50 units when production starts in 2025, the company said in an announcement on Tuesday.
The cars will be legal for racetracks only, which allows the company to achieve the “purest execution of an F1-inspired hypercar,” it said in a statement.
The two-seater car will be developed by the team’s in-house Red Bull Advanced Technologies division. It will be powered by a V8 hybrid engine producing more than 1,100 hp, the UK-based company said. The source of the engine was not announced and no performance figures were given.
The configuration of the combustion engine splits the Valkyrie, which uses a 1,155 hp hybrid V12 unit, and the AMG-Mercedes One hypercar, which employs a variation of the Mercedes F1 team’s 1.6-liter V6 hybrid powertrain making more than 1,000 hp.