Before Koenigsegg became synonymous with record-breaking hypercars and cutting-edge automotive engineering, Christian von Koenigsegg had his sights set on endurance racing. The company built its GT1 contender in 2007, but a change in FIA homologation rules abruptly ended the program, leaving the lone CCGT as a footnote in the brand’s history.

Now, at the upcoming Monterey Car Week, Koenigsegg is bringing that vision back to life with the CCGT1, a modern homage to the racing machine that never got its chance to compete.

The original CCGT weighed just 1,000 kilograms and was powered by a 5.0L naturally aspirated V8 producing around 600 horsepower, with roughly 600 kg of downforce. Only one was ever built.

The CCGT1 takes that formula to another level, packing Koenigsegg’s twin-turbo V8 with 1,280 HP on regular unleaded. However, power can go up to 1600 HP on E85. It also features additional cooling and a nine-speed Koenigsegg Light Speed Transmission with a clutch pedal for take-off and sequential shifting with ignition cut. The CC850’s six-speed gated shifter is also available.

For serious track use, an optional factory track package adds slick tires, a carbon fiber roll cage, racing seats, air jacks, data logging, and other circuit-spec equipment. A massive adjustable rear wing can switch between low-drag, air-brake, and high-downforce modes.

Nearly every panel, except the doors and removable roof, was reshaped for improved aerodynamics, generating 800 kg (1,764 lb) of downforce at 249 km/h. The bodywork is crafted from “Ghost Fibre,” a lightweight crystal white carbon fiber material inspired by Koenigsegg’s 2009 Trevita project, offering improved protection and sound insulation.

“From an exceptional weekend tourer with respectable track credentials into a true circuit weapon,” said Koenigsegg founder Christian von Koenigsegg, describing the transformation provided by the optional track package.

Production will be limited to just 70 examples, all of which were already spoken for before the CCGT1 made its public debut. In doing so, Koenigsegg is giving its forgotten GT1 racer a modern successor and one with considerably more performance.