Lotec was commissioned by an oil baron from the United Arab Emirates in 1990 to build a sports car for him. The vehicle, known as the Lotec Mercdes-Benz C1000 was completed in 1995, at a final price of around $3.4 million USD. It’s powered by a 5.6L Mercedes-Benz V8. The engine was fitted with two turbochargers for a total output of 1000hp. Continue reading for a video, more pictures and additional information.

According to GT Spirit: “Performance hasn�t been officially verified, yet Lotec claimed figures of 0 to 100 km/h of 3.2 seconds at launch. The 0 to 200 km/h time is said to be 8.08 seconds with an alleged top speed of 431 km/h. The interior features bright red and black carbon fiber. Two bucket racing style seats are fitted and equipped with 3-point harnesses. Mod cons include air conditioning, adjustable pedals, adjustable steering column, and believe it or not a luggage compartment.”