Car builder and Veyron assassin Hennessey Performance is back with the announcement of a brand new hypercar, the Venom GT F5. This time the tuner isn't just aiming at just any set record, it plans on setting the benchmark with an aim to achieve a potential top speed of 290 mph.
Named after the the highest category of tornado power, the F5 will be powered by a 7.0L twin-turbo V8 and may produce more than 1,400 horsepower. It will also feature GPS traction control that can be set to specific race tracks around the world and the manual found in its predecessor will be switched out with a single-clutch paddle shift transmission to save weight. Hennessey hopes to begin production of the F5 in 2016 and 30 examples will be built at a price of $1.2 million dollars.