South Korea's first supercar is almost ready for market launch. The Spirra from Oullim Motors featrues a 2.6 liter V6 Hyundai sourced engine that can produce up to 500hp.

The Spirra is almost here. South Korea is about to introduce its first supercar, nine years after the Proto Motors PS-II prototype was first revealed to the press. After navigating through rough seas, including being bought out by a company called the Oullim Group, Proto Motors (now Oullim Motors) is confident of a 2010 summer market introduction.

Maximum power will come from a 2.7 liter V6 Hyundai sourced motor with four different outputs. At its meekest, it will produce 129kW (173 bhp/ 175 PS) and torque of 245 Nm (181 lb-ft) at 6,000rpm. The second configuration features a small turbo that helps it push 243 kW (325 bhp / 330 PS) and 471 Nm (347 lb-ft). At the third-highest level is a power output of between 294 kW (395 bhp/ 400 PS) and 309 kW (414 bhp/ 420 PS), assisted by a bigger turbo. Peak torque for this engine is 490 Nm (361 lb-ft).

The most powerful of them all is persuaded by two turbos encouraging between 331 kW (444 bhp/ 450 PS) and 368kW (493 bhp/ 500 PS). The maximum torque is 539 Nm (398 lb-ft). Drive is through the rear wheels via a 6-speed manual gearbox. At its quickest it goes from 0 - 100 km/h in 3.5 seconds. Top speeds range from 212 km/h to 310 km/h.

Road grip is provided by 225/40R 19 front and 275/40R 19 rear tyres. The Spirra has a mid-engine layout and is constructed by hand.

The body is made from carbon fibre, enclosing a tubular spaceframe. It is all lightweight but very stiff at the same time. The Korean auto industry does not yet have a well-developed supercar heritage and as such, these manufacturing technologies are not common for the general market.

Gallery: First Korean Supercar gets ready for Launch