Just a few months ago, British supercar manufacturer Ultima unveiled a brand new supercar dubbed the "Evolution" that will replace the Ultima GTR. The new supercar will be available as either a coupe or convertible and, although the Evolution is built in Britain, is actually powered by a Chevrolet LS V8 engine tuned to produce an insane 1,020 hp and 920 lb-ft of torque. Not only is the car ridiculously powerful, but it only weighs a mere 2,094 pounds. The light weight and massive power make it capable of hitting 60 mph in only 2.3 seconds.

The Ultima also has a top speed of 240 mph. These specs seem to imply that it could potentially compete with some of the fastest hypercars in the world. The LaFerrari, perhaps? This newly released video showcases some of the Evolution's capability.