An exceptionally rare Monza SP1 was recently delivered to Ferrari’s HR Owen dealership in the center of London.

The Monza SP1 was unveiled last fall and looks like a true concept – only it isn’t. The SP1 is actually a production car and will be built in 499 examples, all of which sold out shortly after it was launched despite the nearly $1.75 million price tag.

This particular Monza SP1 is painted in a stunning shade of silver with a yellow racing stripe, though it is unknown if it’s a customer’s car or simply a demonstrator displayed by the Italian car manufacturer at its top dealerships.

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Sitting at the heart of the SP1 is a 6.5-liter naturally-aspirated V12 sourced from 812 Superfast, tuned to deliver 799 hp and 530 lb-ft (719 Nm) of torque. It can reach 62 mph (100 km/h) in a mere 2.9 seconds and 124 mph (200 km/h) in 7.9 seconds, while top speed sits at a touch over 186 mph (300 km/h).

In case you want to share the experience of a Monza with someone else, you’ll have to opt for the SP2, which is practically the same car as the SP1, only fitted with a passenger seat that’s separated by the driver’s by a carbon fiber bar.