Lister Motor Company has revealed its plans to rival the likes of Ferrari and McLaren with a £2million hypercar.

Following the success of the brand’s re-launch last year, the firm has a new focus on product development with the aim to return Lister to the leading edge of low-volume sports car manufacturing in the UK, as well as Asia and North America.

The British sports and racing car manufacturer has sold nine of its limited run of £350,000 ‘Knobbly’ sports racing cars in the last 12 months, generating an order book with a value of over £3million.

The father and son team behind the company’s re-launch, Lawrence and Andrew Whittaker, have also been nominated for the ‘Personal Achievement Award’ in the UK’s prestigious International Historic Motoring Awards.

Lawrence Whittaker said: “Our aspiration has always been to return the Lister brand to the forefront of people’s minds.

“The ‘Knobbly’ project has firmly established that the Lister name still has enormous goodwill and we know we have a brand with a lot of marketable collateral attached to it. Over the coming years our ambitions are to create a world beating brand new Hypercar with a list price of somewhere in the region of £2million.

“We are currently seeking external investors that have the desire to join us on what promises to be an incredible journey, because if we proceed with our ambitious plans, it is fundamental that the entire project is sufficiently resourced in order to deliver a serious, world-beating new product”.