Home grown street racer is half the price of a Koenigsegg

British/Iranian entrepreneur and car manufacturer Arash Farboud - the man who famously bought a Bugatti Veyron over the phone while going through a McDonalds drive-thru - revealed his latest supercar, the AF-10 as a concept car at the 2007 British Motor Show. From mid-2009, punters with a spare £172,000 knocking about will be able to claim one as it goes into production. That’s about a third of the price of the Enzo Ferrari, the car from which it borrows much of its aesthetic design.

The AF-10, hand-made in Cambridge, will house a thirsty seven litre V8 (taken from a Corvette Z06) which will give 530bhp, a top speed of 204mph and 0-60 in a swift 3.4 seconds.

Unlike most supercars, there are also some pleasant luxuries in the cabin - sat nav, an MP3 player, air conditioning and an integrated touch screen control system will all be included.

(The snap above is of the concept taken at the British Motor Show. We’ll bring you pictures of the production model as soon as they come)

Grid Crasher Extra: Find out more at the official Arash website