Aston Martin is teaming up with Red Bull Racing to build what may become the world’s fastest production car.
Codenamed AM-RB 001, between 99 and 150 vehicles are set to be produced, including 25 track-only versions. However, the waiting list is already three times over-subscribed.
The partnership with Red Bull Racing comes after the carmaker said in February that the company would team up with LeEco of China to break into the electric car market, and plans to build a 90-acre vehicle assembly facility in St Athan, Wales.
The brand is pushing to double sales and restore profitability by 2018.
Red Bull Racing chief designer Adrian Newey is working on the project with Aston’s chief designer Marek Reichman and chief special operations officer Dave King, who runs the company’s special operations department responsible for the track-only Vulcan hypercar.
“I knew Red Bull Racing had the ability to handle the pure performance aspects, but Aston Martin’s experience of making beautiful, fast and comfortable GT cars is of great benefit to the project,” said Mr Newey.
“I’ve always been adamant that the AM-RB 001 should be a true road car that’s also capable of extreme performance on track, and this means it really has to be a car of two characters. That’s the secret we’re trying to put into this car — the technology that allows it to be docile and comfortable, but with immense outright capabilities.”
Production will take place at Aston Martin’s Gaydon facility in the UK, the birthplace of the company’s original hypercar, the One-77. Deliveries will begin in 2018.
Meanwhile, Ferrari is aiming to plump up its balance sheet with a new limited-edition, open-top version of the €1m hybrid LaFerrari sports car.
Sold out to collectors before being publicly announced on Tuesday, the LaFerrari spider draws its 963 horsepower from both electric and V12 engines and offers buyers a choice between a soft top or hard top made of carbon fibre.
The convertible lets customers tap into “the joy of al-fresco driving even when at the wheel of a supercar,” Ferrari said in a statement.
Though Ferrari wouldn’t say exactly how many of the cars it will make or what they will cost, based on the precedent set by the coupe La Ferrari, the convertible could generate more than €500m in revenue.
The Italian supercar-maker needs that boost as it seeks to appease investors after a lacklustre stock market debut. The stock has traded below its €47 initial public offering price.
In search of growth, Ferrari is bringing out limited cars more frequently, planning special editions of each vehicle in the lineup for this September’s Paris motor show.
The company will also display the LaFerrari spider at the French event.