The German car builder Veritas has announced that the production version of the RS III will make its world debut this July at the Salon Prive Motor Show in London. When the futuristic looking open-air speedster goes on sale it ill be accompanied by a $377,000 price tag.

The car is a modern-day interpretation of the classic Veritas racing cars from the 1940s. Like the original, a BMW engine will power this Veritas, except now it is a modern BMW M5 5.0 Liter V10 that develops 600 HP. Tipping the scale at just 2,360 pounds, the RS III will have an excellent power to weight ratio and will be capable of accelerating from 0 to 60 MPH in just 3.2 seconds and achieve a top speed of 217 MPH. Veritas will also offer a V8 powered version with a slightly lower top speed of 204 MPH and a few tenths slower 0 to 60 MPH time of 3.6 seconds.

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