The Glickenhaus SCG003 hypercar will cost $2m

Jim Glickenhaus has announced that his company, Scuderia Cameron Glickenhaus, has officially been confirmed as a ‘low volume manufacturer’ by the National Highway Traffic Safety Administration. That’s the NHTSA, in the States.

Which means he can now officially produce up to 325 ‘turn-key’ cars a year in the USA, exempt from some federal emissions regulations. As a result of this news, he was also confirmed the initial launch spec of the SCG003 ‘Stradale’ – that’s the road legal hypercar.

The stuff you know is all present and correct: 4.4-litre twin turbo V8, over 750bhp, over 590lb ft of torque, a seven-speed gearbox, carbonfibre chassis, double wishbone pushrods all round with adjustable damping, Brembo brakes, and speed.

Yes, this ‘Stradale’ version will go from 0-60mph in less than 2.9secs, top out at over 217mph, produce more than 2G of mechanical grip, and produce a whopping 700kg of downforce at 155mph.

It’ll also, um, cost you $2,000,000. Or £1.5m. The Stradale is one of three model lines SCG will produce, the others being the SCG003 CS (Competizione Stradale) – which is another road-going monster similar in spec to the S, but “trimmed closer” to the third car, the SCG003 C.

That final one is the Daddy: it’s the not-at-all road legal nutjob that raced at the Nürburgring, taking the pole lap and finishing first in class at the 24-hour race. It also managed to run a 6m 33s lap around the ‘Ring. If you want this one, SCG will also provide support – worldwide – for any race you enter, including those at the ‘Ring.

Each car - the 'Stradale', 'Competizione Stradale' and 'Competizione' will cost $2m each, and SCG tells us the first run of 2018 cars will be a mere handful: four to six cars are expected to be built for next year, while in 2019, expect between eight and ten cars. “We will likely sell out our productive capacity very soon,” SCG explains.

One final note: SCG says it “may also develop other models, and is considering offers to raise additional capital to fund this development”. That’s for more racing, and the building of a second US factory with the capacity to build 100 cars per year.

So, £1.5m for a proven, record-breaking hypercar that’s about as fast as you’ll ever need to go, barring anything interstellar. Though if you ask nicely, perhaps SCG will build you something capable of that, too.

What do you reckon? Is SCG the new Koenigsegg?