The Mercedes-AMG Project One has been in the works for the better part of three years, and now that the final production model is close to completion — customer deliveries are expected to start later this year — Mercedes-AMG is just as quick to remind everyone that the Project One, or just ONE, as it will eventually be called, is a car without a rival.

To hammer that point home, the automaker released a 43-second clip showing the ONE in its now-familiar red and silver livery terrorizing a race track as many expect it could.

The video is all about Mercedes-AMG flexing the ONE hypercar. We’ll give the German automaker its due this time; the ONE is a staggering piece of automotive engineering, developed in large part using Mercedes’ championship-winning Formula One technology. The ONE is Mercedes-AMG’s masterpiece, and it’s safe to say that the folks over at Affalterbach, Germany are confident that they have a hypercar that, as the clip claims, “unmeasured, unrivaled, and unreal.”

However, there are other hypercars that are in various stages of development. We haven’t heard a lot from Aston Martin and the Valkyrie in some time, but the supercar is also expected to arrive sometime this year. Some electric hypercars are also about to hit the market, including the Pininfarina Battista and the Rimac C_Two. Both models are in various stages of development, and both Pininfarina and Rimac could something to say about Mercedes-AMG’s claims for the ONE hypercar.

The ONE is a monster that’s powered by a powertrain adapted from Lewis Hamilton’s championship-winning Mercedes F1 W06 Hybrid race car from the 2015 F1 season. It features a 1.6-liter turbocharged V-6 engine and four electric motors that combine to produce north of 1,000 horsepower. Mercedes-AMG hasn’t announced the official figures yet, but a report from The Supercar Blog back in October 2020 claimed that the ONE’s combined output would be around 1,200 horsepower.

Only 275 units of the AMG ONE are going to be built; each unit comes with a price of $2.7 million, and all 275 units are accounted for.