The North American International Auto Show continues as Hyundai has used to event to unveil the Veloster N TCR race car.

Set to compete in this year’s IMSA Michelin Pilot Challenge, the Veloster will battle the Audi RS3 LMS TCR, Honda Civic Type R TCR and Volkswagen Golf GTI TCR.

That’s not exactly easy competition, but the Veloster already has a bit of a racing pedigree. As Hyundai noted, the car shares around 85 percent of its core components with the championship-winning i30 N TCR.

One of the components sourced from the i30 N is a turbocharged 2.0-liter four-cylinder engine that produces 350 hp (261 kW / 354 PS) and 332 lb-ft (450 Nm) of torque. It is connected to a six-speed sequential transmission which sends power to the front wheels.

Of course, race cars are more than just a high-performance engine. As a result, the Veloster has composite body panels, a massive rear wing and 18-inch Braid wheels. The latter components are backed up by a race-spec braking system that features six-piston calipers and 380mm ventilated discs up front.

The modifications don’t end there as the model has been equipped with an aerodynamic body kit, a steel roll cage and a track-tuned suspension with adjustable dampers. Other highlights include a configurable driver’s display and a Sabelt racing seat with a six-point harness.

Bryan Herta Autosport has been tapped to be Hyundai’s sales agent for the Veloster N TCR in the United States and they will also provide technical support as well as parts assistance. The first customer deliveries are slated to begin in March and pricing starts at $154,905 (£120,165 / €135,000) excluding shipping from Germany.

*Article updated with live images from Detroit