The development of the Jaguar F-Pace SVR is finally over, as the British carmaker has confirmed that it will bring it to the 2018 New York Auto Show, on Wednesday, for its world premiere.

The hot version of the SUV is expected to be about twice as expensive as the entry-level model, which starts at £34,730 ($49,075) in the UK, and $42,065 on this side of the pond.

By comparison, the Porsche Macan Turbo, one of its direct rivals, can be had from £63,981 ($90,408) in Britain, whereas the Mercedes-AMG GLC 63 has a starting price of £66,905 ($94,539).

The range-topping member of the F-Pace family is believed to use the same supercharged 5.0-liter V8 engine and eight-speed automatic transmission as the F-Type SVR. The sports car has 567hp (575PS) and 516lb-ft (700Nm) of torque available on tap, and the performance SUV might retain these exact same numbers.

A 0 to 62mph (0-100km/h) sprint of around 4.0 seconds is expected, which would make the new Jaguar F-Pace SVR quicker than the Porsche Macan Turbo, which is 0.4sec slower to 62mph (100km/h).

In addition to the new powertrain, the hot version of the SUV gets upgraded suspension and brakes, a titanium exhaust with quad tailpipes and a beefy body kit meant to improve its aerodynamics and make it instantly recognizable.

We expect the Jaguar F-Pace SVR to arrive in dealerships nationwide before the end of the year.

Article updated as Jaguar confirmed its presence at the NY Auto Show

Photo Credits: CarPix for CarScoops