Koenigsegg just opened its first official sales location at a luxury-vehicle dealership in Australia, and at an invitation-only cocktail launch party late last week, the supercar maker gave attendees an exclusive glimpse of the upcoming replacement to the world-beating Agera RS.

Granted, it’s only a fairly crude sketch of the hypercar’s rear end, so there’s not a lot to go on, save for the large wing and diffuser, though the well-heeled attendees also were treated to a virtual-reality presentation of the new car. Koenigsegg says it will make its global debut at the Geneva Motor Show in March 2019.

First unveiled in Geneva in 2015, the company within 10 months sold out all 25 examples of the 1,160-horsepower Agera RS it planned to build, making it Koenigsegg’s fastest-selling model in its history. Last fall, the hypercar set an average top-speed record of 277.87 miles per hour in the Nevada desert.

Company founder Christian von Koenigsegg told Top Gear back in March that the replacement car will be “more capable than the Agera RS.” He also said the replacement won’t rely on a hybrid powertrain, to keep it distinguished from the plug-in hybrid Regera, but will instead focus on refining the company’s supercharged V8.

The Agera RS hit 284 mph in its one-way speed assault in Nevada last year, and companies like Hennessey are gunning to hit the 300-mph mark. We’ll see if this one’s the car to do it.

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