As prizes go, this one’s priceless – as in, you really cannot buy this even if you flash a wad of notes in Ron Dennis’ direction. The best seat in the house will be ‘inside’ the McLaren P1 when it makes its dynamic debut at this year’s Goodwood Festival of Speed thanks to Forza Motorsport.

And that’s what you can win by entering the competition at www.ForzaMcLarenRide.com.

The competition is offered through a collaboration with Turn 10 Studios, a subsidiary of Microsoft Studios, and follows the recent announcement of the Xbox One console which saw the McLaren P1 revealed as the cover star for the forthcoming Forza Motorsport 5 driving game.

SEE ALSO: Preview to the Goodwood Festival of Speed.

Greg Levine, Sales and Marketing Director, McLaren Automotive explains, “This is an exciting time for both McLaren and Microsoft, with both brands launching true game-changers on to the market in the shape of the McLaren P1 and Forza Motorsport 5 on the Xbox One.”

“We share key values, employ cutting-edge technologies and both strive to innovate through ground-breaking methods. The McLaren P1™ is the culmination of 50 years of race-winning technology and expertise, and is the perfect fit as the ‘hero’ for the latest edition of the highest-rated racing franchise of the past 10 years.”

The McLaren P1 is the spiritual successor to the iconic F1, and is powered by a 903bhp hybrid petrol powerplant comprising a mid-mounted 3.8-litre twin-turbo V8 petrol engine combined with a 176bhp electric motor. It will accelerate from 0-62mph in less than 3 seconds, 0-125mph in less than 7 seconds, reach 188mph in under 17 seconds and achieve an electronically limited top speed of 219mph.

The P1 is priced at £866,000 (on the road), while the Xbox One console and Forza Motorsport 5 will set you back just £483.99 (£429 for console + £54.99 for the game).

To win the chance to ride in the real car, all you have to do is guess the location of the grid in the Forza Motorsport 5 launch video (above) and then visit the Forza McLaren Ride Facebook page. How hard can it be?