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You know Monterey Car Week is in full flow when Koenigsegg unveils a fresh creation—and this time it is a track-focused yet still road-legal hypercar. Say hello to the Koenigsegg CCGT1.

The name is a tribute to the CCGT GT1 race car project from the 2000s that was started and then shelved, but the car itself is based on the CC850. Koenigsegg says it is the fastest vehicle the company has ever created for a racetrack. And if you were curious, only 70 examples will be built, and all of them have already been spoken for. Even so, the details are remarkable, so let’s get into them.

The engine is classic Koenigsegg territory, with a twin-turbo V-8 producing 1280 horsepower on pump fuel or 1600 hp on E85. Cooling has been improved over the CC850’s powertrain to deliver greater endurance on track. It also gets the revolutionary nine-speed Light Speed Transmission, but the CCGT1 adds a new control layer over it called Koenigsegg Sequential Shift. The experience is exactly what the name suggests: there is a clutch pedal for pulling away, but every other shift is handled like a sequential shifter, with clutchless operation and an ignition cut for each change through the nine-speed transmission. This sequential setup is a nod to the original GT1 race car, and you will notice the shift lever mounted close to the steering wheel.

Of course, if you would rather have the full manual shifting experience, Koenigsegg has that covered too. The company is also offering its Engage Shift System as an option, replacing the sequential lever with a six-speed gated manual that can just as easily switch into automatic mode for times when you would prefer the car to handle gear selection itself.

If you are looking at the pictures and thinking this car appears quite different from the CC850 on which it is based, that is because almost every body panel is unique to the CCGT1. As a track-day special, Koenigsegg placed major emphasis on boosting downforce. The enormous rear wing is designed to echo the GT1 race car’s item, but it has been modernised with 30 degrees of automatic adjustment. It shifts into a low-downforce setting on the straights, works as an air brake under braking, and aims to maximise downforce through corners.

The rear wing is balanced by a massive front splitter and a unique underfloor that leads to a bespoke rear diffuser, helping suck the car down onto the tarmac beneath it. Koenigsegg claims 1764 pounds of downforce at 155 mph, and while that is less than the Sadair’s Spear, Koenigsegg says the CCGT1’s emphasis on downforce at lower speeds makes it a better tool for the track.

There is also a Track Package that can be specified over and above the standard car, which is a first for Koenigsegg. This package includes a “full carbon roll cage, HANS-compatible racing seats, a fire-suppression system, race exhaust, air jacks, track-focused suspension and brake setup, a second set of rims fitted with track-optimized tires, enhanced aerodynamics, and an invitation to exclusive CCGT1 track days with full factory support.”

Koenigsegg says it will fit or remove the Track Package as required. In other words, you can have it installed to go racing around Circuit of the Americas with your other Koenigsegg friends, and then have it taken off when you are ready to drive the car on the road again.

The CCGT1’s cabin mixes track-car intent with traditional Koenigsegg luxury. It features a toggle to prime the fuel pump, a covered red ignition switch, and the third-generation Chronocluster with the analogue G-meter placed front and centre. These are removed in favour of even more hardcore seats with the Track Package, but the standard seats are still carbon-fibre bucket seats that would be more than good enough for virtually any other track car.

Koenigsegg’s final major new element on the CCGT1 is a fresh material for the bodywork, called Ghost Fibre. This white-finished material is visible in the images here. Koenigsegg says the new material has “ballistic protective characteristics,” and its construction allows it to be lighter than traditional carbon fibre. Koenigsegg describes it as a “crystal-white aramid/carbon matrix,” and the panels even provide a sound-deadening effect.

“The CCGT1 has two clear identities,” CEO Christian von Koenigsegg said. “On the road, it is a sublime tourer that is both comfortable and incredibly capable. But its origins are rooted in endurance racing, and that is where the CCGT1 reveals its full character as a true celebration of the original CCGT—with the roof panel on or off!”