Geneva LIVE: Aston Martin AM-RB 003

The 003 will be Aston Martin's third mid-engine car.

Aston Martin has revealed the AM-RB 003 design concept, one of three unique models the company has debuted in Geneva this week.

Previously known as Project 003, the new AM-RB concept is the latest offering borne from the collaboration between Aston Martin and Red Bull Advanced Technologies. It will be the British automaker's third mid-engine model, following on the heels of the Valkyrie and Valkyrie AMR Pro.

"We were quite deliberate in AM-RB 003 to not disguise its lineage, but we were equally emphatic that it would be a distillation of Aston Martin Valkyrie and not a dilution," says Aston Martin design director Miles Nurnberger. The design isn't as extreme in some areas, but it pushes just as hard in others, and is even taking certain ideas and concepts a step further."

The AM-RB 003 features an innovative aerospace technology, known as FlexFoil, that creates a variable airfoil across the entirety of the rear wing. Aston claims to be the first automaker to employ the technology in the automotive industry, allowing the car's downforce to be actively managed without changing the physical angle of the entire rear wing.

The company says the 003 has more of a focus on usability and comfort than the Valkyrie siblings, adding LMP1-style doors that open forward with a section of the roof. The cockpit also features more space between the driver and passenger, while luggage space is provided in a terrace behind the seats.

The 003 will be the first model powered by Aston Martin's new hybrid turbo V6 engine, developed in-house, and the next model to get the company's Nexcel sealed oil system.

The AM-RB 003 will be limited to just 500 examples globally, though pricing details have not yet surfaced.