Italian luxury car maker Lamborghini plans to produce a 750 horsepower $4m vehicle, the world's most expensive car, fitted with a 6.5-liter V12 engine that can clock 220 miles per hour.
The company will only produce three of the carbon-fiber made cars dubbed Veneno, named after a bull like all of its cars.
According to media reports, two of the three buyers for the Veneno which is being produced to mark Lamborghini's 50th anniversary, are based in the US.
Details of the third buyer are not yet known.
The car which was unveiled late yesterday at the Geneva motor show features red, white and green accents of the Italian flag.
In January, Beirut-based W Motors said it was producing a US$3.4m sports car. The company has produced seven models of the LykanHypersport 2013 car, is the first luxury sport scar to be designed and produced by an Arab.
The LykanHypersport features LED lights encrusted with 15 carats of diamonds, a gold-stitched leather interior, a reverse door-opening system. The car accelerates from zero to 100 kmph in 2.8 seconds and reaches a maximum speed of 390 kmph.
W Motors aims to produce a cheaper model of the Lykan for November's Dubai Auto Show with US$1.6m price tag, the Daly Star newspaper reported in January.