Click above for a gallery of the Caterham R500.

Caterham teased us yesterday, and today we get our first glimpse of its new minimalist masterpiece. While the paltry pics don't do it justice, we've got confirmation that the R500 will be packing a 263-hp, 2.0-liter Duratec four that can spin upwards of 8,500 rpm. Power is shoveled down to either a six-speed manual or a six-speed sequential 'box and launch control is part of the £37,000 package. While we don't think the clear plastic hood will make it to production and there's no word on weight, there's little doubt that the R500 will get you to 60 in under three seconds and do things to your hair only a jet turbine-powered blow drier could.

Related GalleryCaterham R500 - First pics

[Source: CarTribe via Jalopnik]