CanAm is developed by New Zealand based Hulme Supercars in cooperation with Massey University. Named after F1 Champion Denny Hulme it is targeted to track enthusiasts around the world.
Power comes from a mid-mounted Chevrolet’s 7.0-liter V8 that develops around 600 horsepower.
CanAm weighs less than 1000 kg (2204 pounds) and seats two people.
Such low weight is possible thanks to race-oriented chassis and carbon composite tub and bodywork.
Top speed is between 300-320 km/h (186-199 mph).
Very limited series production is expected to start in early 2010. No official word on the pricing, but it is expected to be around $700,000 (504.395 Euros).
Hulme Supercars is also planning to develop a Coupe and a Spyder version.
Hulme CanAm launch in Aukland: