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The Project One beast is powered by a 1.6-liter turbocharged V6 engine coupled with hybrid technology offering a combined output exceeding 1,000 horsepower!

Mercedes-Benz is bidding for star of the show status at Frankfurt with the Mercedes-AMG Project One - a Formula One-inspired hybrid two-seater hypercar with more than 1000hp.

Only 275 units will be ever built, and rumor has it that all of them have been spoken for even before the Project One's public reveal, despite a hefty $2 million+ price tag.

The batteries, mounted at the front to aid weight distribution, are also of the same technology used in F1 and help deliver approximately 15 miles of pure electric range.

The lithium-ion battery pack cells, how they are arranged and the system used to cool them are the same as found in the Mercedes Formula 1 auto, but the Project ONE boasts far more cells to unlock an all-electric driving mode - the firm claims you'll be able to drive around 15 and a half miles on battery power alone.

We got a tiny glimpse of the Mercedes-AMG Project ONE hypercar last week, but today we're receiving "The Full Monty".

Showcar Mercedes-AMG Project ONE zweisitziger Supersportwagen-mit modernster und effizientester Formel 1-Hybrid-Technologie High Performance Plug-in Hybrid Antriebsstrang mit 1,6-Liter-V6-Turbobenzinmotor und vier Elektromotoren / Showcar Mercedes-AMG
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A hydraulically actuated eight-speed automated manual paddleshift, by motorsport specialists Xtrac.

As well as the ability to tell friends they own a auto fitted with the same engine Lewis Hamilton uses, Project One buyers will have access to barely comprehensible performance.

"The Mercedes-AMG Project ONE is the hottest and coolest auto we have ever designed". The amusing bit is that the model will also feature and all-electric driving mode, during which it will become the first ever FWD hypercar, since only the front axle will receive power.

Interestingly enough, the Project ONE can operate in silence as an EV, but that will in effect turn your hypercar into the world's most expensive front-wheel drive vehicle.

The front axle is purely electrically driven, with two 120-kW electric motors. A third screen acts as a rear view mirror and is linked to a camera at the back of the auto. That hole is now filled, thanks to the Mercedes-AMG Project One. There are two 10-inch screens, one in front of the driver and the other in the dash center and beneath it are two ventilation nozzles suspended like a gondola.

Pretty much everything about the AMG Project One will be cutting edge.