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Aston plans Tesla-fighting 800-hp electric Rapide

Aston Martin is taking direct aim at the top versions of the Tesla Model S with a plan to launch a battery electric Rapide sedan boasting 800 horsepower, all-wheel drive, and a 200-mile range within the next two years. Company CEO Andy Palmer confirmed the vehicle's development to Automotive News during the Pebble Beach Concours d'Elegance. A test mule to engineer the powertrain was already on the road, Palmer asserted. The electric Rapide would join the internal combustion version, rather than replace it, and the BEV would likely remain a niche product with just a few hundred per year carrying a price between $200,000 and $250,000. Palmer indicates the model would prioritize performance. "I think that the fact that you could drive a few laps of a decent race course or race it around the Nordschleife is much more interesting than doing 500 meters in Ludicrous mode," he said to Automotive News, taking a swipe at Tesla's latest upgrade. Palmer has referenced the electric Rapide before. Earlier this year, he said that power would be a major priority for it. Aston Martin has also received help on the project from an undisclosed Silicon Valley partner, but Palmer said the collaborator wasn't Tesla. "If you want to keep making V12 engines, then you've got to do something at the opposite end of the spectrum," Palmer said about the company's strategy to Automotive News. The Rapide is just the first step in the brand's electrification, and the DBX is also under development for the next decade in EV, plug-in hybrid, and internal combustion versions. The crossover concept debuted at the 2015 Geneva Motor Show as an EV.

Aston Martin Valkyrie AMR Pro | Screaming Viking from the Valhalla of speed

This summer, two years after Aston Martin debuted the 800-horsepower, track-only Vulcan, the English carmaker unveiled the harder, faster, more-aero-focused Vulcan AMR Pro. We still haven't seen the final version of the road-ready Valkyrie, but as of right now we know Aston Martin's 's how-fast-can-you-go roadworthy jewel will get a track-only Valkyrie AMR Pro flavor. Detailed specifics will need to wait, but we're told to expect lap times rivaling "recent Formula One cars." For perspective, insider trading on the Valkyrie road car suggests 1,130 horsepower and a 2,270-pound curb weight. A naturally aspirated, 6.5-liter V12 takes credit for most of those horses, the remainder coming from a Rimac-developed, F1-style kinetic energy recovery system. Yes, that Rimac. The Valkyrie AMR Pro will send owners to a g-force-induced Valhalla, having more power, less weight, and "significantly increased downforce." The designers used a lighter grade of carbon fiber, replaced the windscreen and side windows with polycarbonate, traded for a lighter, molded racing seat, threw out the infotainment system, installed carbon fiber wishbones on the new suspension uprights, and bolted on smaller, 18-inch wheels that will fit the same Michelin tires used on LMP1 cars. Beyond larger front and rear wings and new programming for the active aerodynamics, Adrian Newey's team tweaked every aero surface. Powering all that with a lustier, remapped 6.5-liter V12, Red Bull simulations show the Valkyrie AMR Pro capable of close to 250 miles per hour. Sustained cornering forces should hit 3.3g. Thanks to F1-style carbon brakes, deceleration force tops 3.5g. Here's more perspective: the Telegraph spoke to Red Bull F1 in 2010 about in-car g-forces, and wrote, "Breath control is crucial — you cannot breathe freely above 3g because to do so would expose you to the risk of passing out." Since those numbers hint at something like ground-based flying, Aston Martin has sensibly organized a ground-based flight school. Owners will get "an intensive and comprehensive driver development program" that takes advantage of the same facilities and simulator used by Aston Martin Red Bull Racing F1. Fitness training comes with it. If you haven't signed the paperwork for a Valkyrie AMR Pro, you're too late. Twenty-five examples — one more than the Vulcan AMR Pro — will be produced, with expected delivery in 2020, and all are sold. Related Video:

Aston Martin owners rev up for possible sale or stock IPO

LONDON — Aston Martin's owners have hired financial advisory firm Lazard to prepare for a stock market listing or sale of the British sports car maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters. Italian private equity fund Investindustrial and a group of Kuwaiti investors, who together own more than 90 percent of the marque, are hoping to cash in on a recovery in sales and are in the initial stages of a strategic review. They have hired investment bank Lazard to work on a preliminary plan and could either opt for an initial public offering (IPO) in the third or fourth quarter of 2018 or a trade sale, two of the sources said on Friday. A deal could value the maker of the sports car driven by Britain's Prince William on his wedding day at between 2 billion and 3 billion pounds ($4 billion), one of the sources said, adding a listing was the most likely option. However, no final decision had been taken and the investors could decide to retain control, the sources added. Investindustrial declined to comment while Aston Martin and Lazard did not return requests for comment. Adeem Investment, one of the Kuwaiti investors, was not immediately available. If successful, a float of Aston Martin would be a milestone deal for the 104-year-old car manufacturer and would follow the IPO of Italian sportscar maker Ferrari which made its Wall Street debut in 2015 amid strong investor demand. Investindustrial, led by founder Andrea Bonomi, bought 37.5 percent of Aston Martin in 2012 in what was the fund's best-known investment in Britain. The fund, which has clinched a number of Southern European investments since its launch in 1990, is Aston Martin's single biggest investor and is driving the plans, the sources said. Beside Lazard, other investment banks have approached the private equity fund in recent weeks offering advice ahead of a possible IPO, another source said. Yet no other mandates will be awarded this year for the Gaydon-based firm, which is in the midst of a turnaround plan that aims to restore the business to profitability following six years of losses. Aston Martin, which recently unveiled its new Vantage model, is on course to post its first annual pre-tax profit since 2010 as strong demand for the luxury automaker's DB11 sports car boosts its performance.