Project 003 is the third hypercar to be developed by Aston Martin, following the Aston Martin Valkyrie and Valkyrie AMR Pro (formerly 001 and 002).
It has its DNA deeply rooted in concepts and technology currently being developed for those revolutionary road and track-only machines.
Project 003 will be built around a lightweight structure and powered by a turbocharged petrol-electric hybrid engine.
Combined with aerodynamics for outstanding levels of downforce, active suspension systems providing next-level precision, control and driver connection like the Aston Martin Valkyrie and Valkyrie AMR Pro, Project 003 will have class-leading dynamics on road and track.
It is also being designed and engineered to offer more practical concessions to road use, including space for luggage.
Available in all markets in both left and right-hand drive, production will be limited to 500 coupes globally, with the first cars arriving to market in late 2021.
Aston Martin Lagonda president and group chief executive Andy Palmer, said: “It was always the intention for the Aston Martin Valkyrie to be a once-in-a lifetime project.
But it was also vital that Valkyrie would create a legacy: a direct descendent that would set new standards within its own area of the hypercar market, creating limited production machines that can exist in parallel with our production models.
This car is the Project 003, and our next step into a dynamic and exacting arena.”