Gordon Murray Automotive has announced plans to build what it believes is the ultimate road legal supercar.

The first of the vehicles is set to roll off the production line in three year time and will carry a cool £2 million pound price tag.

Murray made his name as a designer of Formula One racing cars, and just last year he was awarded the CBE for his services to motoring.

His new car is designed to be the spiritual successor to his McLaren F1 model and is designed to compete with The Aston Martin Valkyrie and The Mercedes-AMG One when the vehicle takes to the road in 2022.

Just one hundred of the cars will be made in a single batch over one year, and although no photos it are yet available, the company said in a press release that “the development of the T.50 is at an advanced stage”, and although a final price tag hasn’t been released, it says each car will cost “in excess of £2 million.”

The engines are being built by Cosworth Engineering exclusively for Gordon Murray Automotive, and one of the key elements of the design of the three-seater car is its ultralight all-carbon fibre body. Murray says that coupled with the aerodynamic design of the T.50 will contribute to its green credentials, although he decided against using hybrid technology due to its weight and complexity.

Of the car, Murray says:

The T.50 has exactly the same focus and betters the F1 in every area. It’s hard to imagine anyone doing a car like this again. I certainly won’t.