We've kept you on top of the latest happenings with the James Glickenhaus custom track-specific P4/5 Competizione, based on his one-off Ferrari P4/5. It's an orgy of carbon fiber and beautiful craftsmanship, and it's now been spotted running laps at the notorious Nurburgring-Nordschleife at the start of this year’s VLN race series in Germany.

The VLN, short for Veranstaltergemeinschaft Langstreckenpokal Nurburgring, is a localized endurance race series held at the famous German circuit each year. Participants range from amateurs in small road legal cars with roll-cages and harnesses to professional factory teams racing ex-DTM cars and now the James Glickenhaus Ferrari P4/5 Competizione as well.   

Under the pretty carbon fiber shell 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 was because Glickenhaus wanted the design to be street-legal as well.

The version seen here in these latest shots was prepared by Italian motorsport and tuning firms LM Gianetti, N.Technology and Pro.To. It is part of team Scuderia Cameron Glickenhaus, which includes drivers Nicola Larini, Mika Salo, Fabricio Giovanardi and Luca Capellari. It will eventually compete in the highlight of the VLN series, the Nurburgring 24 Hours endurance race, which this year kicks off on June 24.

You can catch a video of Mika Salo testing the P4/5 Competizione by clicking here, and then get even more track action of the stunning supercar by clicking here.