Autoblog (Enlarge photo)

11/04/2008 09:16. Click above for a gallery of the Caterham R500.

Caterham teased us yesterday , and today we get our first glimpse of its new minimalist masterpiece. While the paltry pics don't do it justice, we've got confirmation that the R500 will be packing a 263-hp, 2.0-liter Duratec four that can spin upwards of 8,500 rpm. Power is shoveled down to either a six-speed manual or a six-speed sequential 'box and launch control is part of the £37,000 package.... // Autoblog