The model is touted to be a compact 2+2 GT and will mark a new ear for the British brand. The seven-speed dual clutch tranny will be the only transmission option, no manual on hand. And get this, the competition that it’s lining up against is none other than a Ferrari 599.Motivation comes from a mid-mounted 5-liter V8 pumping out 542hp in the standard version and 611hp in R-tuned spec. Torque stands at an earth twisting 717Nm. All that combines for an approximated century sprint of a blistering 3.6-seconds. Further reports suggest that Formula One tech could find its way in there too with a KERS-like hybrid system providing 50hp bursts.It’s a good thing too because apparently the Elite is going to tip the scales at a porky 1.6-tons. Just to put it in perspective, that’s almost two Lotus Elises.

Jalopnik