Once again, we'll believe it when we see it.
Before we even get into the details of this new car by Keating, it should be mentioned that this is hardly the first time we've heard a tiny manufacturer somewhere claim to be just months away from bringing out a new world's fastest car, only to have it never actually appear. Whether that's what is happening here is something we'll leave up to you to decide. But in the interest of fairness, we should point out that Keating has actually produced a prototype of the car, called The Bolt.
This car is the latest of a few very small production runs from the Manchester-based firm, and it bears a strong resemblance to any number of other shed-built "supercars", in that it strongly resembles a cheap Saleen knockoff. The car is powered by a GM-sourced LS7 and produces 800 horsepower. The body is carbon/Kevlar and the total weight of the car comes in at 2,645lbs. If the math of that doesn't sound to you like it would add up to the fastest car in the world, you are correct. Keating claims that there will be an option of a 2,500 horsepower version of the engine.
It is this car, with the hopped-up engine, that will supposedly hit the 340mph goal Keating has set for the car. The record-setting run is set to take place in Dubai later this year. The price for the entry-level version of the car is £150,000, while the top-end version will set you back £750,000. But hey, it costs money to go 340mph. If you hadn't already picked up on it, we're a bit skeptical. To come from out of nowhere and so completely shatter all existing performance barriers is the kind of thing which just never actually happens.