Australia’s legendary sports car maker, Elfin will unveil a limited edition model to celebrate its 50th Anniversary. Limited to only 5 units the 50th Anniversary Streamliner will be priced at $128,500. Each car will be equipped with special features and painted in a unique colour called "Cooper Gold" – named in honour of Australian racing driver Garrie Cooper who laid the foundations for Elfin back in 1957.

The MS8 Streamliner is powered by a 5.7-litre Gen III V8 with an output of 469 hp at 5600 rpm and peak torque of about 486 lbs-ft at 4400 rpm. The V8 Elfin is already classed as one of the fastest accelerating road cars in the world, the special show car will have the capacity of reaching 100kmh in the 3 second bracket, and shares the same power to weight ratio as a V8 Supercar.

Elfin Sports Cars CEO Chris Payne said the Elfin 50th Anniversary model would honour the vision of Garrie Cooper and the achievements of the company he created.

"Garrie Cooper would have been thrilled to see his vision come so far. It’s the beginning of the process to make Elfin an international sports car brand. By 2008, we would hope to be exporting more vehicles than we sell domestically."

"Two Elfin MS8s have been air-freighted to the UK for export evaluation and sales homologation, and an office had been established at Chipping Norton, north of London.

Payne said Elfin’s point of difference in the UK market was its big V8 power, producing supercar-like performance. UK deliveries are expected to begin in time for the European summer, and the company will announce shortly the appointment of at least two Vauxhall Dealers to act as Elfin Agents.

"This car is a good example of the benefits of technology sharing between Elfin and Walkinshaw Performance, which has launched a range of premium enhancement products. We had this synergy in mind when we bought Elfin last year."

Although only one of the five 50th Anniversary limited edition specials will be supercharged, all will feature a unique bonnet scoop which is designed to accommodate the Walkinshaw Performance supercharger atop the 5.7-litre V8.

The new removable hardtop is also now optional for Streamliner models, providing winter driving comfort and greater security. It will also greatly enhance the efficiency of the air conditioning in the Streamliner.