A new road-legal two-seat sports car will launch later this month, produced by Canadian race car manufacturer Magnum Cars.

The Magnum MK5 is claimed to offer supercar styling in a light-weight high-performance package. There’s no word yet on the vehicle’s powerplant or drivetrain, but it’s the company’s first road car designed for the international track-day market.

The MK5 has recently completed an extensive development program, on the road and the track and will be unveiled on Wednesday 30th October via the company’s Facebook page.

Magnum_mk5_teaser_G1Magnum Cars was founded back in the late ’60s.

But who are Magnum Cars?

According to the company’s spokesperson, Magnum Cars has been around since 1968 when it began developing and fabricating specialised parts for vehicles in all classes of racing.

Their cars have been driven by F1 legend Gilles Villeneuve and they’ve worked with numerous teams during the Canadian F1 GP weekends including Lotus, AGS, Larousse, Williams, and Renault.

The company’s original founder, Jean-Pierre St-Jacques, has since passed the reigns to former race car driver Bruno St-Jacques who is leading the move into the lightweight sports car market.

There’s not a lot more to say until we see the MK5 on the 30th, so let’s wait and see what they’ve got to offer.

Photo & video credit: Magnum via KSP Productions