Supercar builder Koenigsegg isn’t known for subtlety in either design or performance, so when word spreads that the Swedish automaker is building its most extreme car yet, we tend to listen closely.

Dubbed the One:1 in reference to the car’s power-to-weight ratio (one horsepower for every kilogram, or 2.2 pounds of weight), Cars UK says that only five examples of Koenigsegg’s latest masterpiece will be built. Targeted at customers in China, it’s unclear if the One:1 will even be offered in other markets. At least American buyers can finally take delivery of an Agera R.

Similar in size to Koenigsegg’s Agera R, the One:1 is expected to be lighter than the production model, and Cars UK speculates that output will range between 1250 and 1350 horsepower. That could very well make the One:1 faster than a Bugatti Veyron Super Sport, which can sprint from 0-100 km/h (62 mph) in a mere 2.5 seconds.

Expect the Koenigsegg One:1 to be priced in Bugatti Veyron territory, too. Though the car has yet to be finalized, Christian von Koenigsegg is targeting a selling price of roughly $2 million. That makes it on par with the Bugatti Veyron Grand Sport, but significantly less than the Grand Sport Vitesse, likely its main performance rival.

When you look at it that way, the $2 million Koenigsegg One:1 is a solid bargain, especially in light of its limited production numbers.

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