Bristol Bullet is British automaker’s first new model in over a decade

High-end British producer Bristol Cars has now unveiled its first new model in more than 11 years.

The Bristol Bullet is a hand-crafted two-seater built to commemorate the founding of the business 70 years back.

The company explained it as “a sublime British sports car” that will cost under ₤ 250,000 ($330,637).

Its top speed is 155 miles per hour and it can speed up from 0-62mph in simply 3.8 seconds.

Carbon fiber composites are used for the body of the Bullet to offer it strength and rigidness while minimizing weight. It has a V8 Hercules engine produced by BMW.

A touch screen is attached in the dashboard and there is even a button to offer direct access to the manufacturer’s only showroom, located in Kensington, London.

The Bullet was made under the codename Project Pinnacle after a prototype was found hidden under a dusty tarpaulin in a factory.

The Bullet was revealed at The Dorchester in central London, and production is set to start in Chichester, West Sussex, from early next year.

The Bullet will be the very first new model from Bristol Cars since its two-seater Fighter that came in 2004.