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Aston Martin confirms its third mid-engine hypercar

Consider the rumors confirmed. Aston Martin will build a third mid-engine hypercar that's currently codenamed 003, following the Valkyrie (code 001) and track-specific Valkyrie AMR Pro (code 002). Aston Martin says 003 will borrow lots of technology from its forebears, including hybrid electric propulsion and carbon fiber-intensive construction. But there are some significant changes being baked into this third hypercar that will set it apart from the first two. First up, Aston Martin will use a turbocharged engine in 003. Both versions of the Valkyrie used naturally aspirated 6.5-liter V12 powerplants co-developed with Cosworth. We don't have any power specifications for the turbocharged hybrid drivetrain of 003 yet, but we know the Valkyrie's V12 puts out as much as 1,130 horsepower from its gasoline-burning engine and electric motors. We can't say for certain, but we wouldn't bet against Aston pushing that figure further into the stratosphere with the turbo-enhanced unit that will power 003. Aston Martin also promises "active aerodynamics" that provide "outstanding levels of downforce in a road-legal car" to go along with "active suspension systems." Sounds like there's a good chance double-oh-three could be more advanced than its older siblings. That said, Aston says its third mid-engine hypercar is being designed for use on the road in addition to the track, with "more practical concessions to road use, including space for luggage." And all of that has our interest piqued. Something conspicuously absent from Aston Martin's latest hypercar announcement are any mentions of partnerships. Both Valkyrie models were designed with plenty of input from Red Bull Racing and its famous technical director, Adrian Newey. There's also no mention of Mercedes-Benz or its AMG division, from which the British automaker sources its current lineup of V8 engines. How much input will Red Bull have in 003? Will its turbocharged V8 be sourced from Mercedes-AMG? We'll just have to wait and see. What we do know, though, is that the FIA's Hypercar Concept racing series is sounding more interesting by the minute. And, if the sketch above is at all indicative of 003's actual production design, this third hypercar will be quite a bit different from the first two. Project 003 is expected to hit the road late in 2021. Global production will be capped at 500 units. Pricing, naturally, is not yet known, but if you have to ask, well, you know the rest.

Aston Martin seeks ‘big brother’ despite first profit in years, IPO talk

Aston Martin just reported that it earned $121 million (or GBP87 million) in 2017, its first profit in eight years, and it's preparing for a possible initial public offering, eyeing a valuation as high as $6.95 billion (GBP5 billion). It has a strategy to begin converting its fleet to hybrid and electric powertrains. Nevertheless, the low-volume British luxury marque says it needs a helping hand to survive the wave of autonomous driving technology sweeping the automotive industry. CEO Andy Palmer tells Bloomberg it's looking for a "big brother" partner to help it with the billions of dollars in capital requirements posed by the dawn of driverless cars. "We are making a new kind of company, a company that can survive on 7,000 to 14,000 very highly priced, very profitable cars a year, but it can survive because of its partnerships," Palmer told Bloomberg TV. "It can be very profitable on that 7,000 to 14,000 cars a year but only by having a big brother that can help it out." Palmer said Aston Martin already has a partnership with Daimler AG, which owns a 5-percent stake in the company, to develop autonomous capabilities, but more help is needed. One assumes he is envious of competitors like Rolls-Royce and Bentley, which benefit from the corporate parentage and financial resources of BMW and Volkswagen, respectively. Sales grew 48 percent in 2017 to nearly 5,100 units, Aston's highest sales volume in nine years, on the strength of the DB11 sports car, which starts at $211,995. It was enough for Palmer to proclaim in a release, "The financial turnaround of Aston Martin is now complete." While it shops around for a sugar daddy, Aston Martin is busy building a new factory in Wales, set to open in 2019. It has launched new models like the DB11 Volante and Vantage, plus the limited-production DB4 GT Continuation model. Further out, the company is building 155 examples of its first electric car, the RapidE, due in 2019, and it's developing an electric version of the DBX crossover, also for 2019. Palmer has said Aston Martin will offer all six of its vehicles in hybrid variants by 2025, with 25 percent of its vehicles to be fully electric by the end of the 2020s. Related Video: Image Credit: Aston Martin Aston Martin Autonomous Vehicles Electric Luxury aston martin rapide aston martin vantage aston martin db11 aston martin dbx aston martin db11 volante

Aston Martin confirms DP-100 for Gran Turismo 6 and Goodwood debut

Gran Turismo 6 is set to come to life this weekend at the Goodwood Festival of Speed. That's where Mercedes-AMG will run its Vision Gran Turismo and Nissan will show a full-size mockup of its Concept 2020 Vision Gran Turismo. Now Aston Martin has announced it's getting in on the action as well with its Design Prototype 100. Aston has released a video two teaser images to give us a hint at what it's working on, but will reveal the finished product in the Supercar Paddock at Goodwood tomorrow, although we don't know if that will be in the form of a scale model, a full-size show car, a series of design sketches or a virtual rendition existing only in the game. From the look of the two images, though, it appears that we're dealing with an LMP-style racer with Aston's ubiquitous V12 mounted in the middle of a carbon-fiber chassis. What we do know for certain is that, when it's released for download next month, it will be the latest (but certainly not the last) in a long line of concepts designed specifically for driving on the PlayStation 3.