Jaguar has decided to turn its hugely impressive jet-powered Jaguar C-X75 hybrid concept into a £700,000, Bugatti Veyron-beating flagship for production in 2013 – and is enlisting the aid of the Williams F1 team to do it.
The deal, a momentous decision that will affect everything Jaguar does for decades to come, was announced in London this morning by Tata chief Carl-Peter Forster, with Sir Frank Williams in attendance.
It will involve a direct technology transfer between the partners, especially over lightweight structures, and brings Tata ever closer to the F1 connection that has often been rumoured.
Jaguar is planning 250 cars, and continues to work on the jet-powered concept for C-X75. It will eventually sell a limited number of them, but the there are strong indications that the majority of cars will use a 'highly boosted' 1.6-litre engine related to the four-cylinder engine Williams and other F1 teams will adopt from 2013. Williams currently uses a Cosworth engine, made in Northamptonshire.
The production Jaguar C-X75 (the concept name is being kept "for the time being", but won't necessarily make production) will have plug-in electric drive motors on the front and rear axles and thus have four-wheel-drive.
No detail of the powertrain is available, but it seems probable that the four-cylinder engine, which could easily produce 500bhp-plus, will power the wheels in parallel with the electric motors.
Total power could amount to as much as 1000 bhp, but the car will also have an electric-only mode for urban use. Jaguar promises a 200mph top speed, zero to 100mph acceleration in less than six seconds and an all-electric range of about 30 miles.
Jaguar bosses believe it is paramount that the car should not merely have been given a tuned version of their familiar V8 range, but should be an embodiment of their determination to get to grips with future technology.
"People expect us to be innovators," says Adrian Hallmark, Jaguar brand director. "The C-X75 received an incredible reception as a concept car. We've been building on that momentum and there is a clear business case for the exclusive halo model. No other vehicle will better signify Jaguar's renewed confidence and excellence in technological innovation than this."
The Jaguar C-X75, tipped to retail at between £700,000 and £900,000 when it hits the market in two years' time, will be designed, engineered and built entirely in Britain.
Both turbo and jet-powered versions will use a carbonfibre tub chassis, expected to weigh less than 1400 kilograms and to feature much Williams composite construction know-how.