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Caterham bids farewell to the Superlight R500

There are many things you could say about the Caterham Seven. It's ugly as a demon from hell, first of all, and it's based on a design so old it makes the Porsche 911 and Jeep Wrangler look like new technology. But it's also fast. Damn fast.

VIDEO: Autocar pits the Caterham R500 against a Ducati

There's no arguing that the Caterham R500 is an amazing piece of four-wheeled machinery. In fact, it may just be the quickest way around a race track short of a Formula 1 car. We're equally as certain that the Ducati Hypermotard is an awesome motorcycle, so putting both of these performers on the same track

Officially Official: Caterham R500, really warps time, and face

Click above for a high-res gallery of the Caterham R500.

Caterham R500 Superlight, warps time and face

Click above for a gallery of the Caterham R500.

Don't tease: Caterham Superlight R500

Caterham has released a teaser to follow in the over-powered, stripped-down footsteps of its predecessor, the R400. The Superlight R500 is rumored to be powered by a 2.0- or 2.3-liter Ford four-pot, hits 60 in under 3.4 seconds and tops out at around 150 mph. With a curb weight less than 500 kg (1,100 pounds) and body panels, dashboard and seats made up of carbon fiber, the R500 is expected to crest the 500 hp/per to