Galpin's take on a successor to the Ford GT isn't just an updated classic, it's an updated classic with a 5.4L twin-turbo V8 that puts out 1,200 hp and 739 ft-lbs of torque. As a result, the GTR1 is capable of a top speed of "225+ mph," a 3.1 second 0-60 time, and a 6.8 second 0-100 time. Not shabby at all.

How much will it cost to get your hands on one of the 24 GTR1s? $1,024,000.

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[via Galpin Auto Sports