A tiny American boutique automaker called Scuderia Cameron Glickenhaus (SCG) has been given a green light to begin selling street-legal hypercars in the United States.

You’ll be forgiven if the company’s name doesn’t ring a bell. James Glickenhaus is the American who has raised eyebrows in Maranello by selling re-bodied Ferraris whose existence the Italian manufacturer refuses to acknowledge.

He also happens to be the filmmaker behind such barely-better-than-B-movies as Timemaster, McBain and The Exterminator.

But you can expect the SCG name to become a little more popular, at least among hypercar enthusiasts, thanks to the company’s 750-hp, $2,000,000 SCG003.

The SGC 003 comes in three flavours: two street-legal versions, bearing the S (for Stradale) and CS (Competizione Stradale) designations, and a track-only variant dubbed the SGC 003C (Competizione).

Other key specs include a seven-speed dual-clutch transmission, a sub-1,300-kg carbon-fibre chassis and a zero-to-96 km/h (60 mph) sprint of 2.9 seconds. Scuderia Cameron Glickenhaus says the car will reach a top speed of 349 km/h, and its bodywork generates 703 kg of downforce at a little less than 250 km/h.

For buyers keen on racing the SGC 003C, the manufacturer says it “can provide full worldwide race support for the 24 Hours of Nurburgring,” including luxury lounges and accommodations for the car’s owners and its guests.

When James Glickenhaus showed off the car at the Geneva auto show in March, he confirmed he would lose money on each car he sold, as he’d need to move about 20 of them to recoup the more than $20 million he had invested in the SGC 003’s development.

While Scuderia Cameron Glickenhaus’s NHTSA approval allows it to build and sell up to 325 cars per year in the U.S., the company says its actual production will be no more than six cars for the 2018 model year, and as many as 10 for 2019.

Glickenhaus has also said buyers would benefit from his ongoing R&D efforts: any refinements he made to improve the performance of his own example of the SGC 003 would be provided to customers for their cars.

SCG says it is considering seeking out extra money to fund further development, including a second U.S.-based factory that could produce as many as 100 cars per year.

(via Car and Driver)