Italian designer Palermo ‘signs new ‘hypercar’

Rome: Italian designer Umberto Palermo has ‘signed a new ‘hypercar’ built by the new auto house 7777 Motors.

The 777 hyper speedster, brainchild of the businessman and collector Andrea Levy, organizer of the Milano Monza Motor Show, has been engineered by Dallara with a Gibson engine.

Production will be an extremely limited edition, with just seven exemplars made, each costing some seven million euros.

With a horse power of 730 and a top speed of 370 km/h, the light (900 kg) and futuristic hypercar will only be allowed to race around the Monza circuit, home of the Italian Grand Prix.