The Magnum MK5 will be Canada’s entry into the supercar segment with a launch set on October 30, 2013. The high performance vehicle will be lightweight and can only accommodate two passengers in its cockpit. It has already completed its development program that included extensive track testing. Now, it will only be a matter of days before the public can get its first glimpse on the first Canadian supercar.

However, this is not the first high performance vehicle created by Magnum Cars. Having been established in 1968, it built open-wheel formula cars that have been used by different drivers, including Formula 1 driver Gilles Villeneuve. The company has developed its expertise from over 4 decades of manufacturing specialized parts for different kinds of racing vehicles.

The upcoming supercar will be a statement of Magnum’s vision for its future and its intent to enter the a new segment in the automotive industry.