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Aston Martin confirms its third mid-engine hypercar

Consider the rumors confirmed. Aston Martin will build a third mid-engine hypercar that's currently codenamed 003, following the Valkyrie (code 001) and track-specific Valkyrie AMR Pro (code 002). Aston Martin says 003 will borrow lots of technology from its forebears, including hybrid electric propulsion and carbon fiber-intensive construction. But there are some significant changes being baked into this third hypercar that will set it apart from the first two. First up, Aston Martin will use a turbocharged engine in 003. Both versions of the Valkyrie used naturally aspirated 6.5-liter V12 powerplants co-developed with Cosworth. We don't have any power specifications for the turbocharged hybrid drivetrain of 003 yet, but we know the Valkyrie's V12 puts out as much as 1,130 horsepower from its gasoline-burning engine and electric motors. We can't say for certain, but we wouldn't bet against Aston pushing that figure further into the stratosphere with the turbo-enhanced unit that will power 003. Aston Martin also promises "active aerodynamics" that provide "outstanding levels of downforce in a road-legal car" to go along with "active suspension systems." Sounds like there's a good chance double-oh-three could be more advanced than its older siblings. That said, Aston says its third mid-engine hypercar is being designed for use on the road in addition to the track, with "more practical concessions to road use, including space for luggage." And all of that has our interest piqued. Something conspicuously absent from Aston Martin's latest hypercar announcement are any mentions of partnerships. Both Valkyrie models were designed with plenty of input from Red Bull Racing and its famous technical director, Adrian Newey. There's also no mention of Mercedes-Benz or its AMG division, from which the British automaker sources its current lineup of V8 engines. How much input will Red Bull have in 003? Will its turbocharged V8 be sourced from Mercedes-AMG? We'll just have to wait and see. What we do know, though, is that the FIA's Hypercar Concept racing series is sounding more interesting by the minute. And, if the sketch above is at all indicative of 003's actual production design, this third hypercar will be quite a bit different from the first two. Project 003 is expected to hit the road late in 2021. Global production will be capped at 500 units. Pricing, naturally, is not yet known, but if you have to ask, well, you know the rest.

Aston Martin will call the AM-RB 003 the Valhalla

Aston Martin has announced the proper name of its upcoming "AM-RB 003" hypercar: It will be called the Valhalla. The name continues the tradition of Aston Martin model names beginning with the letter V, and it ties neatly into Norse mythology. As Aston Martin CEO Andy Palmer said: "In following the Valkyrie, we knew the Aston Martin Valhalla needed to make a strong statement of its own, yet also offer continuity and a clear connection. Norse mythology contains such powerful language and rich storytelling, it felt only right that the AM-RB 003 should follow the Valkyrie's theme." Witness, then, the available specs of the Valkyrie's upcoming relative. There will be a 500-car production run, and the Valhalla will feature a turbocharged V6 with a hybrid system. The car is all carbon fiber, and it will have an advanced, Vulcan-style sealed oil system that enables quick changes and reuse of the engine oil. The variable airfoil on the rear wing benefits from NASA-level FlexFoil technology, with the ability to adjust the car's downforce without changing the airfoil's angle. No power figures or more specific information has yet been announced. Valhalla production is slated to begin in late 2021. Regarding the Valkyrie, Aston Martin has announced it will race at the 24 Hours of Le Mans in 2021. The year coincides with the 100th anniversary of Aston Martin first racing at the Circuit de la Sarthe.

Aston Martin to raise funds for new models including CUV, hybrid

Aston Martin CEO Andy Palmer named three leads for new vehicle programs when he took the reins, now the company is looking for the money to give those leads something to do. Reuters reports that the Gaydon firm is considering debt or equity financing to raise 100 to 150 million pounds ($156M to $234M US) in funding for "an expansion from the current model range," according to an unnamed source. On top of that investment round, Aston Martin is overhauling its working capital streams to unlock more funds. As one of the industry's few remaining independent carmakers, the company has an intense five years ahead of it, working to revamp its current vehicles with a 500-million-pound investment, entering new segments to grow sales to roughly 10,000 units annually from 4,200 cars in 2013, and pay down hundreds of millions of pounds in current debt. The big high notes observers will be looking for over the next few years are the successor to the DB9, pegged for 2016, profitability predicted in 2017, a huge debt note due in 2018, and the formal end of the recovery period in 2020. Our own eyes will be locked on the DB10 in Spectre, naturally, and the Lagonda-honoring Taraf in other markets, hopefully. At least one of the new vehicles is expected to be a crossover, a segment Aston seemingly cannot ignore now that Bentley and Rolls-Royce are committed to making plays there. However, Reuters says an official announcement of what we can expect won't come until the 2015 Geneva Motor Show. Among the other models said to be up for funding? Sedans (perhaps including a Rapide replacement?) and an unspecified hybrid.