The Mercedes-AMG Project One in Action

If you have $2.72 million dollars that is. The team from Brackley brings world-class development expertise.

But pragmatic is exactly what the Project One is, at least according to Mercedes-AMG boss Tobias Moers.

Formula 1 has been good for Mercedes-Benz.

The show auto is created to combine racetrack performance with "day-to-day" suitable Formula 1 hybrid technology and efficiency. A hypercar with an F1 engine that can be driven on the road, simple as that.

It's a lot better looking than a current F1 vehicle. The one in between the driver and passenger functions as a rear-view display.

Interest in limited edition €1 million-plus hypercars is at a record high, with recent offerings from Bugatti, McLaren, Ferrari, Aston Martin and others.

The cabin looks rather snug.

The road-legal version of the F1 engine will be capped at 11,000rpm, but still feature the same single-turbocharged, 90-degree V6 engine architecture as the W08.

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Only 275 examples will be made and all are already spoken for. That is an obscene amount of money, but it buys an obscene amount of engineering. If things weren't exotic and rarified enough, the Mercedes-AMG Project ONE has a shark fin on the roof, to improve aerodynamics and mark you out as a Bond villain during peak-hour traffic.

Total system output is in excess of 1,000hp - and that's not to mention that an extra 50hp is at your command using the overboost functionality.

The Project One gets its speed from a plug-in hybrid powertrain with a 1.6L V6 engine and four electric motors.

An electrically boosted turbocharger means response time is even shorter than that of a naturally aspirated V-8 engine, and a second 120 kilowatt electric motor is linked to the crankcase for added torque. AMG has quite a few racing drivers or former racers in its engineering ranks, but it knows not every customer is a race driver. Like the F1 vehicle, it uses pneumatic valve springs instead of mechanical ones.

Time for some raw numbers - the 1.6-litre engine makes 670 horsepower which gives it an unprecedented specific-power figure of almost 420bhp per litre, while each electric motor up front is worth 160bhp for a 320bhp total.

Everywhere you look, there's F1 technology. Mounted just ahead of the rear axle, the engine drives the rear wheel. That should be no surprise, of course, as you can't fit two in an F1 vehicle.

Housing all this technological wizardry is a lightweight, high-strength carbon-fibre monocoque and keeping it all under control is an adjustable pushrod suspension. And the car's shape is the product of many hours of CFD and wind tunnel time. Mercedes isn't now quoting a 0-62mph time for the Project One (although expect this to be comfortably under three seconds), preferring to say it'll reach 124mph in under six seconds - roughly the same time the Honda Civic Type R takes to go from 0-62mph.


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