The founder and CEO reportedly invested more than £16 million into the project.
Famed Ferrari collector James Glickenhaus’ dream of building his own purpose-built supercar has mostly come to fruition with the arrival of the SCG 003. The road-going, 800hp 003S made its debut in Geneva and is expected to go on sale by year’s end – but it won’t exactly be a money maker.
With a starting price of $1.8 million (around £1.5m), just three road-going examples of the 003S will be built. Car and Driver reports that Glickenhaus has dumped "more than $20 million (£16.4m)" into the project, meaning he’ll lose money on every vehicle that he sells.
There is some incentive for prospective buyers, though. Of the three models Glickenhaus will make available to buyers, each one will be developed alongside his own personal car. After the first four models are produced, Glickenhaus hopes to expand production.
"I’m going to sell three of them to people who want to help me develop them," he said in an interview with Car and Driver at Geneva. "My commitment to them is that if you tell me what you don’t like, then we’ll fix it together, and if I make changes to my car, then I’ll make them to yours as well."
The SCG 003S produces the aforementioned 800hp and 627lb ft of torque courtesy of a 4.4-litre biturbo V8. Power is sent to the rear wheels via a seven-speed race-spec sequential gearbox, and the entire package will weigh in at somewhere under 1,360kg when finished.
From a standstill, SCG estimates its 003S could hit 60mph in less than 3.0 seconds, and continue on to a top speed of 217mph. Glickenhaus even estimates that his creation could break the Nurburgring lap record by about 20 seconds.
Source: Car and Driver