This is a big year for Koenigsegg. It’s the 20-year anniversary of the Swedish supercar builder’s first production car, the CC8S. It’s also the 50th birthday of the founder, Christian von Koenigsegg. To celebrate, the company has put together the CC850, which is a reimagining of that original supercar, but using modern technology. It looks very much like the old car, but packs way more power and some wild features.

The exterior is quite close to the original. The biggest changes are the switches to more flowing LED lighting up front and in the rear. It has reworked wheels with the phone-dial round openings and has a smooth, uncluttered design. Part of that is due to the hidden rear wing that deploys at speed. The car has the signature tumble-forward doors, powered hood and engine cover, and it has a removable top that can be stowed in the car just like the CC8S. The interior is much more modern Koenigsegg, and the highlights include the beautiful analog instrument dials and the gated shifter in the middle. That shifter features a wood knob with a Swedish flag, again like CC8S.

As is often the case with Koenigseggs, the parts that make it go are as interesting if not more so than the swoopy shell. The CC850 is powered by a twin-turbo 5.0-liter V8 that makes 1,185 horsepower and 1,022 pound-feet of torque on gasoline. Put E85 ethanol in it, and power climbs to 1,385. Christian von Koenigsegg noted that these numbers are a bit lower than for the Jesko, which provided the base for much of the CC850. The reason is because the company went with smaller turbos for better response and less lag, since the car has a manual transmission, sort of.

Ok, so let’s talk about the transmission. It’s a version of the Light Speed Transmission, which has a set of seven clutches and nine gear ratios and can jump from any gear to any other gear, unlike most dual-clutch transmissions that have to shift sequentially. In the Jesko, it’s an automatic transmission with paddle shifters. Here, it has an automatic mode, but it also has a manual mode, complete with clutch pedal. The clutch pedal does actuate the transmission’s multiple clutches, and it is possible to stall the car if you’re not balancing your clutch and throttle inputs. And the shifter will tell the car which gear you want. Curiously, there are only six gates for the manual mode. Christian von Koenigsegg said that having to pick through nine gates would be complicated, so the company stuck with six. Depending on what drive mode you’re in, though, the different gates will get you different ratios. So hypothetically, you could have a set of closer ratios for a track mode, and more widely spaced ones with a tall top gear for street and highway driving.

Naturally, the CC850 is also light. With its carbon fiber construction, it weighs in at just 3,053 pounds. It actually has the same power to weight ratio as the Koenigsegg One:1 when measured in metric with the ethanol output. The car also features adjustable ride height and damping.

Only 50 CC850s will be built. No price was given, but we’re sure buyers don’t care. We also imagine that the car will be sold out very soon after this reveal.

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