The new GT will be the fastest Ford ever built when it goes into production, with a top speed of 347 km/h (216 mph).

That’s thanks to the car’s twin-turbo 3.5-litre EcoBoost V6, which Ford has officially revealed makes 647 hp at 6,250 rpm and 550 lb-ft of torque at 5,900 rpm. (More impressively, it’ll make 90 percent of that horsepower even down at 3,500 rpm.)

It’s thanks, too, to the carbon-fibre supercar’s incredible low dry weight of just 3,045 lbs. Its power-to-weight ratio sits right between that of a McLaren 675LT and a Ferrari 458 Speciale.

It’s quicker than both those cars around Calabogie Motorsports’ track near Ottawa, though, catching the McLaren by a hair and leaving the Ferrari’s lap time in the dust.

The one thing we still don’t know? How much exactly the already-selected prospective owners will be paying for the privilege to drive this thing, though we know it’s around $450,000. We’ll let you know when we do.

(via Ford Performance)