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The Elfin sports car company may be a low-volume exotic here, but across the Tasman in New Zealand, another supercar is taking shape. Carmaker [Denny Hulme] is expected to start production soon of a V8-powered Formula One-style mid-engined roadcar for Europe and the US. Australia is also on the cards if the car can be engineered to meet Australian design rules, says Hulme Supercars managing director and project co-ordinator, Jack \"Jock\" Freemantle. The company will start production of the 350km/h Commodore-sized two-seater (pictured as an artist's impression) next year, with an initial build of 25 cars a year.

\"The car was at the Goodwood festival of speed last year and created a huge amount of interest,\" [Freemantle] says. \"We've shown that car in Kuwait and Saudi Arabia and we could have sold 10 cars easily straight away.\" Freemantle says he wants to plug a gap in what he calls the competitive but highly profitable supercar market. \"The car we have today is the 15th incarnation of the original design,\" he says. The Clubman and Streamliner are powered by 5.7-litre GM V8s that offer at least 245kW and 465Nm in standard trim, with six-speed Tremec manual gearboxes and limited slip differentials.

The first [Denny Hulme] to run under its own power will now be an open sports car, probably called the Can-Am after the big Canadian- American sports car series which Hulme won twice driving cars designed by fellow Kiwi Bruce McLaren.

FOUR YEARS ago we featured an ambitious design and manufacturing project to produce a supercar to rival the most exotic motoring creations in the world.

Master of ceremonies for the dinner will be Michael Clark and the dinner will also feature speakers who knew and worked with [Denny Hulme] during his life. During the weekend, many of Hulme's race cars will be demonstrated at the circuit and will be displayed at the dinner.

Exclusive carmaker [Denny Hulme] is expected to start production soon of a V8-powered Formula One-style mid-engined roadcar for Europe and the US. Australia is also on the cards if the car can be engineered to meet Australian design rules, according to Hulme Supercars managing director and project co-ordinator, Jack `Jock' Freemantle. \"The car was at the Goodwood festival of speed last year and created a huge amount of interest,\" [Freemantle] says. \"We've shown that car in Kuwait and Saudi Arabia and we could have sold 10 cars easily straight away.\"

As Formula 1 crowned Kimi Raikkonen as its 2007 champion, October 22 marked the 40th anniversary of New Zealander Denny Hulme's victory in...

He confirmed that the car would be powered by a V8 engine from the BMW M5 saloon though the latest M5 had a V10 engine. \"The V10 is not available, but anyway Formula One is going V8 next year and we want to be as much like F1 as possible. We can get 500 horsepower from this engine.\"

The bright orange [Denny Hulme] 1967 champion supercar is on display at the Canterbury Museum until tomorrow. Supercars New Zealand chief executive Jock Freemantle initiated the Hulme supercar project. Super design: Supercars New Zealand chief executive Jock [Freemantle] unveils the Hulme 1967 champion supercar at the Canterbury Museum. Photo: Stacy Squires