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Meet the car designed as a project from ground-up, the Glickenhaus SCG003. New York billionaire investment professional and banker, James Glickenhaus has embarked on a journey to create a new supercar, following his dissatisfaction with supercars that are currently offered on the market.

The car will be offered in two variants, a Competizione racecar built to meet FIA GT3 rules and a Stradale street car. The race version will be powered by a Honda 3.5 litre twin turbocharged V6 (390kW), whilst the road version is getting developed specifically in house.

The complete structure has been made of carbon fibre and constructed to achieve maximum rigidity and a curb weight of less than 1,200kg.

The SCG003 promises minimal differences between the road and race versions, aiming to deliver a modern, easy to drive car. To take versatility that one step further, the race version can even be converted to road version if the owner wishes.

Going back a step, James Glickenhaus began making his own cars a long time ago, and ordered a custom bespoke build of his infamous Ferrari P4/5 by Pininfarina, which was built from the mechanical layout of his Ferrari Enzo. He then commissioned a race car based on the P4/5, which comprised of a Ferrari 430 Scuderia and running gear from a Le Mans Ferrari F430 GT. This formed the P4/5 Competizione, which raced the 24 hours Nürburgring in both 2011 and 2012.

Ferrari allowed Glickenhaus to use his logo on the nose of his P4/5, but got distraught when Glickenhaus decided he wanted to race it. As such, he was lead to build the SCG003.

The SCG003 was unveiled at the Geneva Motor Show, with the street legal version starting at $2.3 million euros (approximately $3.2 million AUD). For more information, visit the official website.