After just recently getting a look at Mercedes-AMG’s 2018 GT C Edition 50, now the company has announced another upcoming vehicle, Project ONE, a 1,000-horsepower Formula 1-powered hypercar built for the track and the road.

The all-wheel-drive two-seater makes use of a turbocharged V-6 setup from a Formula 1 race car, as well as KERS (Kinetic Energy Recovery System) and electric motors.

For now, all we have to go by is an Instagram post from Mercedes AMG, which details Project ONE as “the most fascinating two seater that will ever hit the road.”

And while the hypercar is still under development, it is rumored to be the most expensive AMG ride to date.

Be sure to check back with us for more surrounding Mercedes-AMG’s insane Project ONE.

Not NYC, not LA.

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