Autoblog and Yahoo may earn commission from links in this article.Way back in April, Hennessey quietly hinted at a new hypercar, and with the Monterey Car Week festivities around the corner, the teaser campaign is ramping up. Last week, the new hypercar was announced under codename "Project Overlord," and company founder John Hennessey has since described the creation as the "American [Porsche] Carrera GT." That's a very high watermark to aim for, but Hennessey is clearly doing something completely different to its previous hypercars this time around. Some reports suggest an entirely new engine is being developed for this car, and if so, we can only assume it's a V10, like the Carrera GT.New Looks, New Performance For HennesseyThe first teaser video showed a nearly round taillight, and this new clip shared by Hennessey on Instagram shows a headlight that is also shaped differently from that on a Venom F5-based hypercar, again suggesting that Project Overlord is not likely to be associated with the 6.6-liter 'Fury' twin-turbo V8 that is found in every F5. However, one thing the new Hennessey hypercar could share with (certain) existing ones is a six-speed gated manual transmission, another feature of the Carrera GT. So what is Hennessey getting at by calling this "America's Carrera GT?" A V10 with a uniquely American sound? A racecar-derived but naturally aspirated engine? That remains to be seen. It also remains to be seen if the new hypercar is a completely bespoke one-off or the first in a series of limited-production hypercars, but with the reveal scheduled for August 3, we only have a week to wait. Presumably, Hennessey will give us one more teaser before the big reveal.Why This Matters: Hennessey Needs More Than Horsepower To CompeteHennessey/InstagramThis new hypercar could mark a turning point for Hennessey. Just as the Venom F5 marked a departure from a borrowed chassis architecture, so Project Overlord may mark a departure from the 6.6-liter twin-turbo V8. Whatever powers the new hypercar, it'll look completely different from a Venom F5, and that's important in the ultra-elite space, where buyers want more than just peak horsepower, seeking a car that tells a story either through its unique engine or its spectacular styling. Bugatti has learned very well how to take its existing know-how and development and repurpose it - see Chiron, W16 Mistral, Bolide, and Brouillard - and so has Pagani with endless variations on the V12 hypercar. If Hennessey can achieve the same kind of variety while maintaining its performance and luxury standards, it'll be seen as even more of a serious rival to the likes of Bugatti, Pagani, Koenigsegg, and so on. Let's just hope the claim that Project Overlord is as good as the iconic CGT is valid.AdvertisementAdvertisementThis story was originally published by Autoblog on Jul 27, 2026, where it first appeared in the News section. Add Autoblog as a Preferred Source by clicking here.