Ariel’s Atom V8 is set to cost £120,000 when it goes on sale in the UK next year.
The most hardcore Atom ever is now in the final stages of development and is due to be ready for sale in the spring.
A company source told Autocar that 19 of the 25 units to be produced have already been sold and the price has now soared to around £120k, up from the £100k price tag previously predicted by company boss Simon Saunders.
The 3.0-litre V8 is the firm’s own design and is based on a pair of Suzuki Hayabusa engines.
The 500bhp powerplant should make the 500kg Atom one of the fastest accelerating cars of all time, with a potential 0-60mph time of around 2.5sec.
The V8’s price is around four times higher than the standard Atom 300, which costs £30,000. The vast price hike is attributed to the added expense of the engine and gearbox.