Williams F1 Grand Prix team will help Jaguar create a production version of the stunning C-X75 concept car that was greeted with a euphoric response when it was unveiled at the Paris motor show last September.
A maximum of 250 will be built, with production starting towards the end of 2013 and concluding two years later. The price will be between £700,000 and £900,000, depending on local taxes.
The car will be made 'at a Jaguar facility in the West Midlands', but Williams F1 will lend its expertise in carbonfibre body construction, active aerodynamics, hybrid powertrains and battery technology to the project.
The C-X75 concept car featured two micro-turbines to power it, and Jaguar says it remains 'committed to this technology for multiple applications in future cars'.
However, the technology will not be ready in time for the production version of C-X75, which will be a four-wheel-drive hybrid.
Not just any old hybrid, though. The small-capacity internal combustion engine at the heart of the drivetrain will be based on a next-generation Formula One turbocharged unit, and there will be high-power electric motors on each axle.
Story continues underneath our video of the C-X75
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