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It is an upgraded version of General Motors. With Ariel Atom – the Vortex F1 is ready for battle. One of the new brands who are at 2010 SEMA Show to make their presence felt is Seattle-based Vortex Motors. And, they mesmerized us, for sure, with their new race ready F1 track car, dubbed the F1 Turn Key.

Vortex Motors – a new outfit that calls Seattle home – is using the SEMA Show as a coming-out party for the F1. The standard version, the F1 Turn Key, is sourced from an upgraded version of General Motors' turbocharged 2.0-liter Ecotec inline-four running through a six-speed manual transmission. Output is rated at 290 horsepower and 340 pound-feet of torque, but Vortex Sports Cars New Race Ready F1 Track Car will also sell an Ultimate version, bumping those numbers up to 330 and 360, respectively.

The all new F1 racer features a body constructed from out of a mix of fiberglass and aluminum, with carbon fiber available as an option. The car sits on 17-inch wheels at all four corners, riding on 275/40-series tires up front and beefy 315/35 rubber out back. The racer weighs 1400 pounds and aims to achieve 0-60mph in just 2.7 seconds and a quarter-mile run of just 10.5 seconds at 130 miles per hour.

The whole package can be yours for $49,995 for the Turn Key or $69,995 for the Ultimate. In addition to adding more power, the Ultimate also uses a fully carbon fiber body, upgraded brakes, wheels and tires, improved steering, carbon fiber seats and a sequential six-speed gearbox. Vortex says that it is also planning a fully electric version of the F1, with a targeted weight of only 1,300 pounds. We'd gladly pit it against a Tesla Roadster in a drag race any day.