Shortly after premiering its modified Jaguar F-Type, dubbed the Thunder, Lister has announced its plans to create a McLaren-rivalling hypercar.

Set to be named the Storm II, the car will come to fruition after years of interest from Lister chief executive Lawrence Whittaker. If reports are to be believed, the vehicle won’t be a half-hearted attempt at rivaling the industry’s best.

Instead, Lister is said to be so serious about the hypercar that it has already sought investors to buy into the development of the model. It is also possible that it could utilize a supercharged 7.8-liter V12 engine derived from Jaguar and delivering a healthy 1000 hp.

Such a brutal power figure could help the vehicle achieve the performance times almost every proposed hypercar aims for these days; 0-62 mph (100 km/h) in under three seconds and a top speed exceeding 250 mph (402 km/h).

Unsurprising of a company as small as Lister, production of the Storm II would be limited, potentially to just six examples annually. A price of 2 million pounds ($2.7 million) is possible.

The original Lister Storm was built between 1993 and 1994 and utilized a massive 7.0-liter V12 engine from Jaguar. Power topped out at 546 hp and 582 lb-ft of torque and the car could hit 208 mph (335 km/h).