A couple of months after word spread that Pininfarina was thinking of building a limited production run of the Sergio Concept, it looks like there was more to those rumors than anybody previously thought.

According to Car and Driver, the Italian coach builder is really serious about building a production model of the Sergio Concept. The caveat is that it will be limited to just around five units. Each of the five vehicles will be built in the company's headquarters in Turin, Italy.

Here's the other interesting part about the Sergio Concept. The anticipated €3 million price tag (roughly $3.89 million at the current exchange rates) of the concept may not be as much of a reality after all. If it hits production, it’s still going to cost potential buyers more than a pretty penny, but the updated $2 million price tag is a relative bargain.

Click past the jump to read about the Pininfarina Sergio Concept

Pininfarina Sergio Concept

It's hard to believe that the Pininfarina Sergio Concept came to life in just four and a half months, a remarkable time given the technology that was put into the supercar.

As a tribute model to the late Sergio Pininfarina, the Sergio Concept comes with revolutionary custom bodywork to go with a 4.5-liter V-8 engine that produces 562 horsepower. Put those numbers to use and the Sergio Concept can hit 62 mph in just 3.4 seconds with a top speed of 198 mph.