Aston Martin One-77: Live High-Res Gallery from Concorso d'Eleganza

"Embodying everything Aston Martin stands for; the One-77 has proven itself as the most desirable automotive art form at its premiere today. We have achieved a new level of design and craftsmanship which has been clearly recognised by the public here in the homeland of design at Villa d'Este," said Aston Martin Chief Executive, Dr Ulrich Bez.

The hand-made One-77 that will be produced in a limited run of 77 units (hence the name) is Aston Martin's proposal in the cream of supercars competing with the likes of the Bugatti Veyron and Ferrari Enzo.

Even though the supercar's exterior design is clearly influenced by the firm's latest crop, the One-77 somehow manages to have its own distinct character. Same goes for the interior which features a two-tone theme and is slathered in leather and carbon fiber.

Set to be priced around US$1.45 million or €1.1 million, the One-77 is powered by an evolution of the 6.0-litre V12 engines fitted to the DBS, DB9 and new V12 Vantage models that produces more than 700 horsepower which is transmitted to the road through the rear wheels via a new six-speed robotized gearbox with paddles shifters on the steering wheel.

With a projected weight of around 1,500kg or 3,300 lbs, the One-77 is said to have a top speed in excess of 200mph or 320km/h, with a 0-60mph (96km/h) time in approximately 3.5 seconds.