Yes, you read that headline correctly: a local automotive company is working to bring in Pagani's brand of hypercars to the Philippine market.

According to our source, the Autohub Group is currently in negotiations with Pagani Automobili to open a Philippine dealership. Representatives of the group have already been visiting Pagani's facility in Modena, Italy to get more familiar with the brand.

Willy Tee Ten's Autohub Group is a multi-brand automotive company that is responsible for a variety of dealers for brands such as Nissan, Hyundai, and Ford. More recently, AutoHub has been expanding to the distributor business by bringing in British automobile marques such as MINI, Rolls-Royce, and Lotus. In 2016, Autohub will also be opening their Nissan-appointed GT-R dealership as well as Vespa.

Our contact says that Pagani officials will arrive in January to finalize the agreement. All that's needed are the documents, continues our source.

Pagani Automobili was founded in 1992 by Argentinian Horacio Pagani to manufacture supercars. Pagani was formerly of Lamborghini as an engineer and carbon fiber specialist.

In 1999 his company started building their first production called the Zonda, a run that ended in 2011. Variants of the Zonda included the Zonda C12, Zonda F (the F denotes Pagani's respect for F1 legend Juan Manuel Fangio), and Zonda R. In its final guise the Zonda was powered by a 7.3-liter Mercedes-AMG engine enabling it to break several records, including the lap record of the Nurburgring at 6:47.48 seconds.

Since 2012 Pagani has been building and marketing the Huayra. Their current mid-engined supercar is still powered by AMG, though this time the 6.0L V12 motor is a twin turbo that develops 730 horsepower.

The next version of the Huayra is the roadster variant as all 100 units of the berlinetta version have been sold.

Are you excited at the prospect of seeing a Pagani on Philippine roads?