Remember when Ford teased what appeared to be a more powerful version of the GT? Well, the Blue Oval marque has officially revealed the mysterious supercar at this year's Goodwood Festival of Speed.

Ford GT MkII is strictly for the race track image

Called the Ford GT Mk II, it's a limited edition, track-only special purpose-built to be the ultimate performance machine not bound by any series rules or regulations.

Ford GT MkII is strictly for the race track image

“It's the closest GT owners can get to the Le Mans-winning performance and exhilarating feeling of crossing the finish line in the Ford GT race car,” said Hau Thai-Tang, Chief Product Development and Purchasing Officer at Ford Motor Company.

Ford GT MkII is strictly for the race track image

Built and designed to have the best aerodynamic properties as well as have one of the most powerful EcoBoost engines, it shares features that are available in both street-legal and racing-spec GT cars. Starting with its exterior, the GT Mk II comes with a huge dual-element rear wing, an all-new racing-inspired front splitter and rear diffuser, along with a new fender louvers and dive planes that help balance out the rear downforce.

Ford GT MkII is strictly for the race track image

With those exterior upgrades, Ford claims the GT Mk II can generate over 400% more downforce than the standard GT. Complementing its sheer amount of downforce are grippy Michelin Pilot Sport racing tires, and a racing-tuned suspension which allow the car to pull more than 2Gs of lateral grip according to the automaker.

Under the rear hood, the Ford GT still comes with a 3.5-liter twin-turbo EcoBoost V6. But since it's not bound by any rules or series regulations, Ford was able to bump its power to 709 PS. This makes the GT Mk II generate 200 PS more than the racing version, ultimately making it the most powerful version of the all-new GT. It is then paired to track-tuned seven-speed dual-clutch gearbox.

Ford GT MkII is strictly for the race track image

With more power comes better stopping power and engine cooling. Starting with the former, it's fitted with carbon ceramic Brembo discs that measure 15.5-inch at the front and 14.1-inch at the rear. The latter, on the other hand, features a unique high capacity air-to-air charge air cooler with water spraying technology. The system works by automatically spraying water in high temperatures in order to maintain optimum working temperatures in any situation.

Ford GT MkII is strictly for the race track image

As for the changes in the cabin, Ford decided to keep it minimal. It now has a bespoke Sparco racing seat with a six-point racing harness, an optional passenger seat, and a full MoTeC data acquisition system that can provide the driver vital information in real-time. The system also doubles as a display for the reverse camera.

Ford GT MkII is strictly for the race track image

Looking to acquire one of 45 units of the GT Mk II? Better have $1.2 million ready.