Arash has been teasing its new supercar for a while now, and we've most been ignoring the teasers, because parades of teasers are annoying as hell. 

Now the car is here, and we can show you some pictures and tell you all about it. It's powered by a mid-mounted 7.0L GM V8 that channels a healthy 550 hp and 470 lb-ft of torque through a six-speed manual transmission. That's pushing a tubular steel space frame and carbon fiber body panels. The result is a 3.5 second 0-60 time and a top speed over 200 mph. All 36 AF8s from the first run will be yellow with a yellow and black interior.

It all sounds very nice, but at £165,000 ($276,480) we can't imagine many people wanting to buy these. It's in the same price bracket as the Ferrari 458 Italia and the McLaren MP4-12C, which both bring a lot more technology, style, and refinement to the table. This comes across as the store brand mid-engined supercar, without the store brand discount.

RELATEDArash AF-10 LM Supercar Makes Appearance at Goodwood Festival of Speed 2012
RELATED10 Supercars You've Never Heard of

[via Arash