Mercedes $2.7 million hypercar will arrive in 2019 - and it's a high-tech marvel

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Mercedes $2.7 million hypercar will arrive in 2019 - and it's a high-tech marvel

Mercedes AMG Project One

REUTERS/Kai Pfaffenbach

Three-time Formula One World Champion Lewis Hamilton with the Mercedes-AMG Project One.

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On Monday, Mercedes-Benz and its AMG performance division unveiled their new Project ONE hybrid hyper car. As promised, the car is an absolute technical marvel.

After dominating in the world of Formula One racing for the past three years, Mercedes-AMG is finally putting its race know-how into a true hypercar.

"The hypercar is the most ambitious project we have ever undertaken. It marks yet another pinnacle of the successful, strategic development of Mercedes-AMG towards a performance and sports car brand," Tobias Moers, Mercedes-AMG boss, said in a statement. "Project ONE raises the bar in terms of what is currently technologically feasible and thanks to its combination of efficiency and performance it represents an absolute benchmark. At the same time, Project ONE provides an outlook on how AMG will define driving performance in the future."

Here's a closer look at the new Project ONE:

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