The Mercedes-AMG Project One hypercar will look to be the fastest street legal car the famed automaker will produce. Features and specs for the upcoming hypercar are slowly being revealed the features monstrous stats but with one small caveat.

Top Gear reports that the car will cost around £2.37 million including tax which amounts to nearly $3 million once it goes on sale in 2019. Mercedes-AMG will only be making 275 units of the "Project One" Hypercar which will be unveiled at the Frankfurt Motor Show in September.

The Project One hypercar will be the most direct transfer of F1 technology into a legal road car which promises to be the fastest drivable car on public streets. Mercedes-AMG boss Tobias Moers says that the hypercar will feature a 1.6-liter engine that revs up to 11,000 rpm and idles at 1,280 rpm while adding that the car is pure F1 technology. The executive also mentions that all the electronic components are from F1 including the crank motor, the split turbo, and even the battery cells.

Jalopnik Reports that the Project One is supposed to feature a V6 engine that is capable of 1,000 horsepower and the four electronic motors will power each of the front wheels. The problem with the engine is that it can only last about 31,000 miles before it needs a rework or a replacement. Then again, these motors aren't designed to last that long given its performance.

As a comparison, owners of the McLaren P1 which is a hybrid supercar has reported that the car has gone between 4000 - 5000 miles on them without any problems in the four years of ownership. There is also one instance that a driver has gone over 10,000 miles without any problems. While that may sound reassuring for some, the $3 million price tag with a limited lifespan for the Mercedes Project 1 may scare off potential buyers.