Mercedes-Benz unveils $2.72 million Formula One-inspired car

Automobile manufacturer Mercedes-Benz on Tuesday showed off its Formula One (F1) inspired Mercedes-AMG Project ONE car in Germany. The car is worth $2.72 million (₹17 crore) and has more than 1,000-horsepower with a top speed of beyond 217 mph (350 kmph). Mercedes-Benz also said that it is planning to manufacture only 275 Project ONE models.