Let me assure you, this is big news for Jaguar and the entire British automotive industry, but no one that I spoke to from anywhere in the world had a clue what the company was going to reveal in this morning’s press conference. This was one of the best kept secrets of the year.

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There was talk that it would be Jaguar’s answer to BMW's  3 Series and Audi’s A4 model, something that is surely in Jaguar’s sights in the not too distant future

Other speculation was that Jaguar would reveal a proper two seat sports car to compete with the Porsche Boxter or Cayman, and that may well happen too, but not today.

The C-X75 was first shown in Paris 2010 to absolutely rave reviews, and cries from the motoring press for Jaguar to build a production version of the car.

Earlier this morning, CarAdvice attended a press conference in London where Jaguar’s Global Head of Public Relations, Frank Klass, announced the news that the C-X75 will indeed go into production with a limited run of just 250 examples.

The expected price will be a cool 700,000 pounds and at this stage will only be available in Left Hand Drive, so it seems that Australia will miss out, at least in road going mode, but more on that later.

The other big news is that Formula One powerhouse, Williams F1, will partner with Jaguar on the project providing a host of technical expertise across the drivetrain and other vital areas, such as active aerodynamics and super advanced battery and storage technology.

While Jaguar and Williams are pushing full steam ahead on the 'micro turbine' development that it showcased in Paris with the C-X75, the production version will not feature them.

Power will come from an advanced Hybrid drivetrain that will mean the 'Super Jag' will likely sit side-by-side Porsche’s 918 Hybrid Spyder as a unique supercar offering in the market.

The projected performance specs are literally off the dial with acceleration from 0-100km/h in less than three seconds, and top speed in excess of 300km/h.

Equally as stunning will be the car’s ‘green’ credentials – like less than 100g/km emissions, and that, folks, is literally out of this world.

The C-X75 is Jaguar’s new ‘halo’ car and as Jaguar’s revered head of Design, Ian Callum says, “This will be the finest looking and most innovative Jaguar ever produced, even in the world of supercars we can still produce the most beautiful.”

The question is, will the production version look as good as the concept? I suspect it will look better. At least that’s what Callum reckons and you’d be a brave soul to bet otherwise.

The Williams F1 partnership should produce some spectacular results for both companies and Sir Frank Williams joined the Jaguar bosses on stage for this landmark announcement today. He went on to recount his earliest days when he got a ride in an XK150-S, being driven by a Scottish boot-maker as a defining moment in his life, which convinced him to join England’s automotive industry.

After speaking with the CEO of Williams F1, Adam Parr, it seems very likely that if the C-X75 project all goes to plan, it’s highly likely that the partnership will continue with the development of Jaguar’s high performance ‘R’ variants, which would surely produce some spectacular results.

In order to put what should be a massive amount of power and torque to the ground, the C-X75 will use an all-wheel drive system for added control, grip, and safety.

Jaguar C-X75 production car key points:

  • Jaguar to launch C-X75 as a hybrid supercar
  • Mixes internal combustion power with electric motors to achieve supercar performance and less than 99g/km CO2 emissions
  • Downsized highly boosted petrol engine with two powerful electric motors and four-wheel-drive
    • 0-60mph in less than 3 seconds
    • 0-100mph in less than 6 seconds
    • Top speed in excess of 200mph
  • All-electric running range in excess of 50km
  • True-to-concept, lightweight, all carbon-fibre chassis
  • Groundbreaking association with Williams F1 – built in the UK
  • Direct technology transfer from top-level motorsport
  • Prices from £700,000 depending on local market and taxes
  • Exclusive limited volume hybrid supercar – only 250 will be built