This is the new Volvo C30 touring car racer, which will compete in this year's Swedish Touring Car Championship.
The car, developed by the Polestar racing team, is ethanol powered and has been updated to resemble the facelifted C30.
Polestar says the car has a longer, wider and lower front end to increase downforce and improve airflow.
"This is the fastest Volvo I've ever driven," said driver Robert Dahlgren.
"We've worked very hard to take full advantage of the new C30 facelift, spending countless hours in the wind tunnel at Volvo Cars in the process."