Glickenhaus Will Lose Money On Every SCG 003S Hypercar Sold

Supercar

Glickenhaus has invested $20 million into the road-going SCG 003S hypercar.

Avid car collector and extremely wealthy businessman James Glickenhaus recently gained publicity at Geneva. In response to some of the dubious lap times set at the Nurburgring, he called for supercar manufacturers to enter a Nurburgring Road Cup to determine which production car could set the fastest time around the Green Hell. That shouldn’t divert your attention away from his self-funded hypercar, the SCG 003S, which he thinks is a serious contender to be crowned the next Nurburgring king.

A road-going version of the original SCG 003, the SCG 003S is expected to go on sale later this year, but according to Car and Driver it won’t be making Glickenhaus any richer. Only three road-going examples of the SCG003S are being built, each costing $1.8 million. However, Glickenhaus has invested over $20 million into the project, meaning he will lose money on every car he sells. There’s an extra incentive for buyers though: each car will be developed alongside Glickenhaus’s personal example, meaning that customers will be actively involved with the development. “I’m going to sell three of them to people who want to help me develop them,” he told Car and Driver.

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“My commitment to them is that if you tell me what you don’t like, then we’ll fix it together, and if I make changes to my car, then I’ll make them to yours as well.” Glickenhaus may build more examples of the SCG 003S after the initial production run. Eventually, he wants to turn the independent company into a fully-fledged auto manufacturer. Potentially, the SCG 003S could provide F1-style performance for the road long before the Aston Martin Valkyrie and Mercedes-AMG Project One go on sale. A 4.4-liter, twin-turbo V6 sends 800 horsepower to the rear wheels, which should allow the 003S to sprint from 0-60 mph in less than three seconds. The final car will also weigh less than 3,000 pounds.

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