Details are very thin right now, but McLaren has released photos of its newest model, the MP4-12C. It will feature a V8 good for around 600 horsepower and each part is "uniquely McLaren."
While it wasn't made to compete or overshadow the F1, I do wish that they had left the seating position in the middle a la F1. Overall, I'll look forward to seeing it "in the flesh" eventually, but right now, I'd say with the Ferrari 458 coming out around the same time as this, it's a good time to be alive!