Dubai-based Devel is reportedly a far cry from producing the 5,007-horsepower Devel Sixteen ... The reborn Italian sports car will sit on the bones of a Ferrari 430 Scuderia and MAT will build ...

You wouldn't see Ferrari or Lamborghini releasing footage ... So while it's exciting to see details of the Devel Sixteen, the footage in the videos may not be of the quality you expect for a ...

Its creators say Sixteen will hit 300mph ... Glickenhaus' SCG003S and the Ferrari P4/5 by Pininfaina in recent years. MAT CEO Paolo Garella talks about the Devel potentially surpassing 500kmph ...

Devel claimed earlier this year that it would sell the Sixteen in three different guises. The first was going to come with a twin-turbocharged V8 delivering 2000 hp and priced from $1.6 million.