No, you’re not looking at someone’s attempt at building a Ferrari Enzo roadster. Featured in the gallery above is the latest product from one of Monte Carlo’s oldest car brands, the aptly named Montecarlo Automobile.

The new car is a V-12-powered supercar dubbed the Rascasse, and only 15 examples are destined for production, each priced at 500,000 euros (approximately $655,000).

Using race car knowledge garnered from GT competition, which Montecarlo competes in with motorsport engineering firm BRC, Montecarlo’s engineers have built the Rascasse around a lightweight and sturdy monocoque chassis.

Mounted in a mid-engine position is a 5.4-liter V-12 originally engineered by BMW and featured in the 1998 Rolls-Royce Silver Graph, according to Ansa (via WorldCarFans). In its latest application, the engine has been tuned to deliver 500 horsepower.

Montecarlo’s version of the V-12 is capable of running on gasoline or liquefied natural gas, but a further development of the engine and the Rascasse supercar is planned. This new version will feature a supercharger and hybrid system to help boost power and offer all-wheel-drive traction, presumably via a through-the-road hybrid setup.

The new hybrid Rascasse is expected to be revealed later this year as part of Montecarlo’s 30th anniversary celebration.

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