Australia’s Joss Developments Limited has announced they will officially unveil their new supercar in August. The new supercar features a V8 engine with at least 500hp (373kW). The lightweight car will rocket from 0-100km/h in just 2.98 seconds before hitting a top speed in excess of 340km/h (211mph).

Ten out of the 25 production places have already been filled. The estimate cost of the car is $600,000 AUD ($483,632 USD / €343,703). Car racing is their main goal with the ultimate goal of being at Le Mans.

[Via WorldCarFans]

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