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Mercedes-AMG has dropped the “Project One” moniker for its new hypercar as it inches closer to production.

A year after the prototype debuted to the public, the model will be known as “ONE” from now on. Mercedes says the name befits its new top-of-the-line vehicle—as in “the One.”

“The name stands for the highest automotive ambition: to bring Formula 1 hybrid technology to the road,” Mercedes-Benz said in a statement today.

The automaker continues to perfect its hypercar. The model uses an electrically turbocharged 1.6-liter V-6 and a set of 120-kW electric motors to produce more than 1,000 hp. Power is routed through an eight-speed automatic transmission. As we previously reported, the car should reach 124 mph from a standstill in less than 6 seconds, and on to a top speed of more than 217 mph.

Mercedes has also revealed the model will generate half its weight in downforce. The vehicle should weigh between 2,866 and 3,086 pounds, or 1,300 and 1,400 kg. A two-stage extendable rear wing will allow the car to achieve maximum downforce while in race mode. Right now, the hypercar is undergoing wind tunnel testing.

Only 275 copies of the hypercar will be made, with an estimated price of $2.7 million each. More information about the model should be coming soon.
 

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What will the next one be named?

Reminds me of the movie "Once." They were going to make a sequel but they couldn't think of a title.
 
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