At the North American International Auto Show, a new Ford GT was introduced and is set to be produced and released in 2016.

It will mark 50 years since the GT40 won the 1966 24 Hours of Le Mans and is expected to run in the 2016 24 Hours of Le Mans to mark the anniversary.

The car is to be powered by a newly designed 3.5 litre twin-turbocharged EcoBoost V6 engine making “more than 600 horsepower.” A 0-60 time of around 3 seconds is expected as well as a top speed greater than 200 mph. According to Ford, “the GT will exhibit one of the best power-to-weight ratios of any production car,” thanks to its lightweight carbon fiber construction. Underpinning the GT is a carbon fiber monocoque bolted to aluminum front and rear subframes covered in carbon fiber body panels. The car also has racing inspired pushrod suspension, active aerodynamics, and dihedral doors.

Ford plans to build only 250 examples of the GT over the course of several years, with each costing around $400,000.