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According to an insiders unearthed by Autoguide, Lexus is working on a new super car that will have a target price of between $800,000 and a cool $1 million.

It will follow in the footsteps of the Lexus LFA (pictured) that had a base price of $375,000 and according to a well connected source, will boast a significantly higher performance level.

The LFA equipped with a Nurburgring performance package has a 4.8-liter V10 with 560 PS (412 kW / 553 hp) and runs from 0-100kph (0-62mph) in 3.7 seconds before reaching a top speed of 325 kph (202 mph).

If the rumors turn out to be true, production is said to be limited to just 100 units.


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