FRANKFURT -- Mercedes-Benz is taping F1 racing technology to bring a new halo to its AMG performance brand.
Mercedes-Benz on Monday introduced the Formula One-inspired Project One concept, touting the supercar's performance as "breath-taking."
The 1,000-hp two-seater brings F1 racing technology to the road for the first time, Daimler CEO Dieter Zetsche told journalists at an unveiling here on Monday, ahead of the car's public debut at the Frankfurt auto show on Tuesday.
The car "handles exactly as it looks: it takes your breath away," Mercedes development chief Ola Kaellenius says.
The Project One's 1.6-liter V-6 hybrid gasoline engine mounted ahead of the rear axle comes directly from the Mercedes-AMG Petronas F1 racing car.
The engine is theoretically capable of hitting 11,000 revolutions per minute. But for purposes of practicality and longevity and because it does not use racing fuel, engineers have stopped significantly short of that.
The car can accelerate from 0 to 120 mph (200 kph) in less than 6 seconds. By comparison, the 1,500-hp Bugatti Chiron needs 6.1 seconds for the sprint, while the McLaren P1 requires 6.8 seconds to reach that speed.
The Project One cab can reach a speed of more than 350 kph (210 mph), Mercedes said.
The production Project One will be a halo car for the AMG performance brand.
Zetsche said Mercedes is drawing on its experiences and successes from three constructors' and drivers' world championships to bring F1 technology to the road for the first time.
Mercedes did not provide the exact hp rating. Project One is still a concept and gives specific indications of what to expect from the upcoming production model, the company said.
A Mercedes spokesperson said it will be priced at around $2.7 million, based on today's currency exchange rates, and that only 275 will be produced.