Jaguar recently announced that its upcoming sports car, the 2014 F-Type, would be available with a new supercharged 3.0-liter V-6 engine, but the automaker didn’t state whether this would be the sole powertrain offered.

In the F-Type, the new engine is to be rated at 380 horsepower, which you’d think would be enough considering the car’s size and positioning.

However, that is not the case according to a report from Inside Line.

Jaguar’s 5.0-liter V-8 is said to be offered as an alternative to the supercharged 3.0-liter V-6, though there’s been no mention of whether it will be naturally aspirated or supercharged. If the latter is true, we could see the F-Type deliver upwards of 542 horsepower, though Jaguar is likely to limit the output so that its new sports car doesn’t steal the performance halo from its current flagship, the XKR-S.

A V-8 powered F-Type would compete nicely with the Aston Martin V8 Vantage and lesser versions of the Porsche 911, while the V-6 models could tackle the likes of the Mercedes-Benz SLK and Porsche Boxster/Cayman. This would also leave the door open for Jaguar to move its next-generation XK further upscale, allowing it to compete with higher positioned GTs like the Aston Martin DB9 and Porsche 911 Turbo.

Whatever the case is, we should know soon as Jaguar is set to unveil its 2014 F-Type at a major international auto show later this year.