Jaguar said on Tuesday that a specially prepared version of its XE compact luxury sedan—a model that’s earmarked for production—lapped Germany’s famous Nürburgring Nordschleife in a record-breaking 7:21.23.

That’s the fastest time ever posted for a production-intent sedan, the automaker touted at a press event on the sidelines of the Los Angeles auto show. The previous record-holder was the Alfa Romeo Giulia Quadrifoglio, at a still-blistering 7:32 set last year. The fastest four-door to lap the 12.9-mile circuit remains a heavily modified Subaru WRX STI Type RA NBR race car that’s not street legal, which did the deed in 6:57.5.

The Jaguar XE SV Project 8 that raced around the ‘Ring is certainly a a few seconds faster than the Alfa, but it’ll also be a lot more expensive. Jaguar says it plans to build 300 examples of the XE SV for sale globally, including the U.S.

Here, the XE SV will cost a staggering $188,495—but it’s not just an XE sedan stuffed with a 592-horsepower supercharged V-8 engine. Jaguar’s Special Vehicle Operations division claims that only the roof and front door skins of the Nürburgring car are shared with a standard XE. The ‘Ring racer is so unique that its headlights were moved forward and its front end elongated to fit the 5.0-liter engine. Overall, 75 percent of its drivetrain is specific to the Project 8.

For now, Jaguar is gauging interest in the XE SV Project 8 by allowing potential hand-raisers to sign up on its website.

The XE SV Project 8 will be on display at the 2017 Los Angeles auto show starting Wednesday. To learn about some of the other vehicles appearing at the show, head to our dedicated hub.

Source: https://www.motorauthority.com/news/1114039_jaguar-xe-sv-project-8-sets-record-721-23-nrburgring-lap

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