The Venom GT was one of the fastest cars ever made, but John Hennessey wants to go above and beyond with the Venom F5. To that end, his tuning company is going to make a bespoke V8 engine for the supercar.

The Venom GT was powered by a 7.0-liter twin-turbo V8 that was good for 1,451hp. Instead of upgrading this engine and making it even more potent, Hennessey Performance is going with something new.

In an interview with TopGear.com, Hennessey stated that the Venom F5 will utilize a “completely bespoke, 8.0-liter twin-turbo V8” that cranks out 1,600hp.

Hennessey added that the possibility of said V8 featuring a quad-turbo setup is pretty high. Apparently, the tuning company will make the decision to go with either two or four turbochargers before this year’s Pebble Beach Concours d’Elegance.

The reasoning behind the decision is to help the Venom F5 set a new top-speed record. The team is aiming for 300 mph, which is a figure that Koenigsegg claims the Agrea RS can hit. “You’ve got Koenigsegg in first position now. Bugatti is not going to take it sitting down, so they’re gonna jump back in the game,” said Hennessey. “But I think there’s a squabble somewhere in the 280s, and about the time dust settles from those guys slapping each other about, then we’ll turn up.”

With an 8.0-liter twin (or quad) turbocharged V8 engine that generates 1,600 hp, one would expect the F5 to turn out to be a land missile that’s only capable of traveling in a straight line. But Hennessey wants the car to be an all-rounder, which sounds like a difficult task.

“We’re looking to build a car that is very comfortable on the road and delivers unbelievable straight-line performance,” said Hennessey. Even so, a high-downforce version with the massive splitter and massive wing could pop up at some point.

Only 24 units of the Venom F5 will be built and each one will go for $1.6 million. But with options, pricing for the supercar can easily eclipse the $2 million mark. Despite the price, 12 orders have already been placed, so there are still 12 left for sale.