- Peregryn bought Ultima’s rights and tooling and will build its cars in America.
- The GT-R targets 700 hp, 2.2-second 0-60, and a 2,100-pound dry weight.
- First deliveries are expected in spring 2027, with prices near $195,000.
Not every new supercar needs an electric motor, a stack of turbochargers, and enough touchscreen real estate to fit nicely in a living room. Sometimes, a lightweight chassis, useful aero, and a Chevy V8 are enough. That’s more or less what America is getting when Peregryn Automotive brings Ultima production across the Atlantic. The GT-R promises 700 hp and a 2.2-second sprint to 60 mph, but its weight might be the more important number.
More: Ultima RS Has Up To 1,200 HP And Is Coming To Goodwood
Peregryn says it has acquired the intellectual property, rights, and tooling for the entire Ultima Cars range. The new company, led by Chris Eby and Mike Ellis, plans to build two models in the U.S. They’re called the GT-S and the GT-R. The former is the road car. It will make more than 500 hp (373 kW), top 200 mph (322 km/h), and come with either a digital or analog dash. In other words, it should be the version for owners who want something a little less punishing when they leave the track.
The GT-R is another story. Peregryn says it will make up to 700 hp (522 kW) and weigh around 2,100 lbs (953 kg) dry. It also gets track-focused suspension, a sequential gearbox, race electronics, and a carbon-fiber aero package said to generate more than 1,200 lbs (544 kg) of downforce. AP Racing brakes are claimed to bring it to a stop from 100 mph in 3.6 seconds.
Both cars will use Chevrolet LS or LT-series V8s, which matters more than it might sound. Plenty of cars pair exotic engines with equally exotic repair bills. An Ultima with an LS or LT gives owners access to one of the deepest performance aftermarket catalogs on the planet. The bigger change is that Peregryn will sell these as fully assembled cars, reports Autoblog.
Ultima has long been tied to the kit-car world, where the buyer often had a huge hand in getting the thing road-ready. Peregryn wants to make that process much simpler, even if the cars themselves remain anything but ordinary. Pricing is estimated to begin around $195,000, which puts these in Corvette ZR1 territory. The Chevy will be the safer choice on many levels.
It has a dealer network, a warranty, and a development budget that could probably fund Peregryn for several years. On top of that, the base GT-S won’t come close to keeping up with the ZR-1 while costing nearly the same. But the Peregryn GT-R offers something the Corvette cannot… a low-volume, Le Mans-looking V8 missile that weighs about as much as a diabetic Miata. Production is set to ramp up in March 2027, with the first deliveries expected in April or May.
