2017 is going to be a big year for AMG - the company will celebrate its 50th anniversary. In honor of the occasion, Mercedes along with AMG will allegedly roll out a mid-engined hypercar to compete with the current crop.

A source within the company confirmed the upcoming vehicle at last weekend’s Belgium Grand Prix, and says that the car is currently in its final stages of design before engineering development begins.

Under the hood will allegedly be the same 1.6-liter V6 engine found on the current W07 F1 car, and will produce close to, if not over 1,000 horsepower (745 kilowatt). Nine-hundred horsepower alone will be generated from the V6 thanks to the addition of an extra turbocharger, and the production of that unit is expected to be completed at the Mercedes-AMG High Performance Powertrains facility in the U.K.

Like other modern hypercars, two electric motors will aid in performance, each one placed over the front wheels paired to the biturbo V6. Expected output for the electric motors alone will be close to 160 horsepower (119 kilowatt).

With a potential curb weight of just 2,200 pounds (1,000 kilograms), designers will sculpt the exterior of the car with aerodynamics in mind - similar to the Aston Martin-Red Bull 001. Top speed is expected to exceed 220 mph (354 kmh), with a 0-62 mph (0-100 kmh) time of under 2.5 seconds.

Exact details on the project have yet to be confirmed by Mercedes-AMG, but potential buyers can expect a price tag north of $5M (£3.82M). (Pictured: Mercedes-Benz AMG Vision Gran Turismo Concept)

Source: Evo

Gallery: Mercedes-Benz AMG Vision Gran Turismo

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