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Koengisegg has two distinctive features One is its sensational shifting mechanism and the other is an impressive engine with 315 horsepower

The long-awaited launch of the Koenigsegg CC 850 is finally here. It has had two decades in development, and it will live up to the expectations set for it.

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The Koenigsegg CC850 honors the first Koenigsegg, the CC8S, which was delivered 20 years ago by faithfully updating the stylish appearance.

The CC850 has a novel new transmission that can function as a gated six-speed manual transmission with a true clutch pedal as well as a nine-speed automatic transmission.

With E85 ethanol, the twin-turbocharged 5.0-liter V-8 can generate 1020 pound-feet of torque and 1385 horsepower.

Since delivering its first production vehicle in 2002, Koenigsegg has established itself as a pioneer in fusing daring and ground-breaking engineering feats with svelte and elegant hypercar designs. Koenigsegg has developed the limited edition CC850 to celebrate the twentieth anniversary of its first model, the CC8S. The CC850 accurately updates the CC8S’s minimalist aesthetic while integrating a revolutionary new gearbox, the Engage Shift System.

With a staggering 1185 horsepower, the twin-turbocharged 5.0-liter V-8 that drives the CC850—likely closely connected to the same engine found in the Jesko—increases to a ridiculous 1385 horsepower when you fill the tank with E85. With a curb weight of 1385 kilograms (or around 3053 pounds), Koenigsegg claims to match the 2014 Koenigsegg One:1’s claimed power-to-weight ratio. The V-8 also produces 1020 pound-feet of torque, so the CC850 should be quite speedy even though the Swedish automaker withheld performance data.

However, the new Engage Shift System (ESS), which is based on the Light Speed Transmission (LST) from the Jesko, is the CC850’s key selling point. The ESS is a multi-clutch nine-speed automatic with the ability to make extremely quick shifts, just as the LST. Contrary to the Jesko’s LST, the CC850’s ESS is equipped with a gated shifter and a vintage clutch pedal next to the brake, enabling the driver to use the ESS like a conventional six-speed manual transmission. The manual shifter completely changes the gears by wire rather than mechanically, which also enables the ESS to modify the gear ratios based on the driving style. However, whether this gearbox can actually be referred to as a manual is up for controversy. Koenigsegg claims that this makes it the first manual whose gear ratios can be changed. The car can stall in manual mode if the clutch is released too rapidly, the company’s founder von Koenigsegg told Road & Track.

The car’s exterior closely resembles that of its CC8S forebear. The CC850 even has a comparable scoop carved out of the side of the car, and the bodywork is sleek and has proportions similar to the CC8S. The CC850 maintains its historical integrity outside of the modernization of the headlights and taillights with a basic LED design. The inside, which is symmetrical and consistent with Koenigsegg’s contemporary design philosophy, is identical; however, the CC850 comes equipped with traditional gauges rather of a digital instrument cluster. The “synchrohelix” doors on the CC850 spin out and up, as they do on all Koenigseggs, and the hardtop roof is detachable.

Only 50 vehicles of the CC850 will be produced because 2022 marked both the 20th anniversary of Koenigsegg’s first production car and the 50th birthday of its creator, Christian von Koenigsegg. For the few few fortunate persons who are able to purchase one, the CC850 will probably cost several millions of dollars.