The Brabham name has returned to the automotive realm with the all-new BT62, a track-only hypercar similar in purpose to the McLaren Senna GTR.

Recently unveiled in London, the Brabham BT62 will be built in Australia and Carfection recently had the opportunity to check it out in person. Somehow, it actually looks even better on video that it does in the official press pictures.

Powering the BT62 is a mid-mounted 5.4-liter naturally-aspirated V8 engine which Brabham has sourced from another manufacturer. The company is remaining tight-lipped about the engine’s past life but says that it has overhauled it to the point where it delivers 700 hp and 492 lb-ft of torque without the use of forced induction.

Brabham has yet to announce performance times for the hypercar but it has huge levels of downforce and a trick suspension setup to complement the powertrain. In fact, the selection of bold aerodynamic parts, including a huge carbon fiber rear wing, create in excess of 1200 kg (2645 lbs) of downforce. Suspension wise, the BT62 has double-wishbones with four-way adjustable Ohlins dampers and adjustable anti-roll bars. A carbon ceramic Brembo braking system with six-piston calipers has also been fitted.

Just 70 units of the BT62 will be produced with each starting at £1 million ($1.3 million).