Praga Cars, the specialist race and road car division of the 115-year-old Czech manufacturing and engineering brand, has confirmed that the name, price and full technical details of its all new road-legal car will be released on November 23rd at 17:00GMT.

Track-focused and road-legal, it is planned for all major hypercar markets, hand-built and limited in number to ensure exclusivity. The car will be launched ready to order, and a maximum of just 12 cars will be scheduled in 2023, the first year of production.

This is not a concept: the high-performance car is in its final stages of development, targeting a unique combination of very fast lap times in the hands of skilled drivers, on-road compliance, and stand-out looks.

Its design and engineering have focused on three core principles: lightweight, petrol power and all-carbon construction.

Whilst Praga Cars completes development of the road car, the racing business, spearheaded by the Praga R1 – no connection to the road car aside from its philosophical spirit of aerodynamics and dramatic high power to weight ratio – continues to grow its international footprint.

Recent highlights include completion of the first season of a one-make series in the UK, an invitational racing debut and win on the famous Bathurst circuit in Australia through Praga Racing ANZ, and outright wins in November at the Dubai Autodrome in the Gulf ProCar through Praga Racing UAE.