Its been a few years since English carmaker Arash first brought the AF10 to the British Motor Show. Now Arash has rolled out a sleeker and shinier update that it is calling the final design for the Enzo-like AF10 supercar.

Powering the car will be the 7.0 liter V8 engine from the Corvette Z06, tuned up to 530 hp, and working through a six-speed manual transmission. Future plans may include the supercharged V8 from the Corvette ZR-1 as well as a sequential gearbox.

AF10 features a carbon-fiber body that should help keep the weight to around 2,600 lbs. Arash plans to have the AF10 on sale by the end of 2009 with pricing starting at €214,000. At current exchange rates that will be about $290,000, which if the car came to the U.S. at that price would undercut competition like the Lamborghini Murcielago by about $40,000.

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