700-HP Mid-Engine V8 Supercar Claims to Outrun Corvette ZR1

Peregryn Automotive has acquired the rights, design, and tooling for the Ultima kit-car range and is transitioning assembly to the United States. The company plans to produce the GT-S and GT-R models, with the latter targeting roughly 700 horsepower from GM LS- or LT-series V8 engines to compete with the pace of the Chevrolet Corvette ZR1.

Peregryn GT-R and GT-S Production Shift

By purchasing the intellectual property and tooling previously used for the British-built Ultima models, Peregryn Automotive is establishing a new domestic production line. According to the company, these vehicles will retain their mid-engine, lightweight layout, prioritizing track-focused performance over the refinement typical of luxury grand tourers. The GT-S will serve as the entry-level street variant, while the GT-R is positioned as the racing flagship of the lineup.

Did you know?
The Peregryn GT-R is projected to have a dry weight of approximately 2,100 pounds. When paired with a 700-horsepower engine, the company claims the vehicle is capable of a 2.2-second 0–60 mph time.

Performance Comparison: Peregryn GT-R vs. C8 Corvette ZR1

Peregryn is framing the GT-R as a visceral, analog alternative to the C8 Corvette ZR1. While the ZR1 utilizes a sophisticated twin-turbocharged 5.5-liter LT7 V8 with a dual-clutch transmission and full factory warranty, the Peregryn approach relies on a power-to-weight advantage. The GT-R is expected to use standard GM LS- or LT-series V8s in a chassis that weighs significantly less than the Chevrolet flagship.

Buyers choosing the Peregryn route are opting for a low-volume, tinker-friendly machine rather than a turnkey factory product. The starting price for the GT-R is currently quoted at approximately $195,000, with initial customer deliveries scheduled to begin in 2027.

Strategic Considerations for Buyers

Prospective owners evaluating the GT-R should consider the implications of low-volume manufacturing. Unlike mass-produced supercars, the Peregryn GT-R requires an assessment of long-term parts support, build quality, and resale prospects. The inclusion of a sequential gearbox underscores the company’s commitment to a raw, track-oriented driving experience, distinguishing it from the electronically managed systems found in modern showroom supercars.

Frequently Asked Questions

  • When will the Peregryn GT-R be available?
    The company is targeting 2027 for the first customer deliveries.
  • What engines will the GT-R use?
    Peregryn plans to use GM LS- or LT-series V8 engines, targeting an output of roughly 700 horsepower.
  • How much will the GT-R cost?
    The starting price for the GT-R is quoted at approximately $195,000.
  • Is the GT-R a direct replacement for the Corvette ZR1?
    No, Peregryn positions the car as a lighter, more analog, and less polished alternative to the factory-backed ZR1.

Are you interested in the rise of boutique, US-built supercars, or do you prefer the reliability of factory-backed performance? Share your thoughts in the comments below or subscribe to our newsletter for the latest updates on niche automotive manufacturing.

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