Naturally the SV-R retains all the best features of the entry level SV, recently launched in the UK. The high tech vehicle features F1 inspired carbon fibre composite body construction, double wishbone race-developed suspension, remote telemetry with security tracking and full harness inertia seat belts.

An automatic transmission option will be available.

Every SV is individually built to personal customer order and prices for the entry level SV start from £65,750.00.

Prices for the new SV-R start from £82,950.00

Recently appointed Managing Director of MG Sport & Racing John Parkinson said: "The SV-R is the next step in the evolution of the SV range and represents a tremendous increase in power and performance which makes it a thrill to drive."

For photographs of the new car, see MG SVR Photo Gallery