Hennessey Performance Engineering has unveiled the Z700, an extreme racetrack-oriented sportscar based on the Corvette ZR1. Among the main highlights are the power output of 705 hp and carbon-fiber wheels and body trims. It will be sold from 2010 at 204,000 USD.

Hennessey Performance Engineering has revealed the first information on the Venom GT, an extreme concept car powered by a 1,000hp engine. A working prototype could be unveiled in 2009 to evaluate a limited series production.