It's been almost four years since James Glickenhaus commissioned his custom Pininfarina-penned Ferrari Enzo-based P4/5 supercar, but the excitement has begun to build back up following the release of an official rendering and now a new online video series documenting the making of the car.

In Chapter One of the series we get an outline of what Glickenhaus has planned for the new P4/5 Competizione and everyone who‘s playing a major role in the project. The new Ferrari P4/5 Competizione is being designed primarily for motorsport use and will compete next year at the Nurburgring 24 Hours endurance race under the North American Racing Team banner. 

Under the pretty sheet metal is the same race-bred suspension setup and V-8 powertrain from the Ferrari F430 GT2 ALMS car. However, part of the chassis is based on the structure underpinning the F430 Scuderia. The reason for this is because Glickenhaus hopes to eventually make the car street-legal.

There’s no word on what race class the car will compete in but according to FIA sources it will be classified in the same experimental grouping as Porsche's upcoming 918 Spyder and 911 GT3 R Hybrid.

_______________________________________

Follow Motor Authority on Facebook, Twitter, and Google+.