In case you didn’t hear, Mercedes is currently very busy working on a new hypercar. It’s tagged with the codename “Project One,” and it’s basically an out-and-out race car for the road, boasting huge aero on the outside and even a four-figure, F1-derived powertrain on the inside. Sounds tempting, no? Mercedes has teased the Project One before, giving us little more than a vague silhouette and a smattering of details. A full reveal is expected later this year, but in the interim, we may have just got a new, broad-daylight look at what’s coming in the above press image.