Jaguar XE SV Project 8 release images

Only 300 will be built – with prices starting at £149,995 each

This is far from a regular Jaguar XE with a bodykit and bright paint, though

Strong, weight-saving carbon-fibre has been used for the bonnet, front and rear bumpers...

... and more beside, with a flat underbody for improved aerodynamics

Race-track thinking abounds on this wildest of Jaguars

Power comes from a 592bhp version of Jaguar's 5.0-litre supercharged V8 petrol engine

Grip is assured by wide tyres and an adjustable rear wing that provides extra downforce

The Project 8 comes before a less-expensive Jaguar XE R...

...which will be Jaguar's rival to the BMW M3 and Mercedes-AMG C63

Two versions are available - the standard four-seat model...

...or a 'Track Pack' version with only two racing seats complete with motorsport-style four-point safety harnesses.