The striking Jaguar XE SV Project 8 has been unveiled at the International Property Awards in London as the new car that will be campaigned in the inaugural season of Series Elite in 2019.

Aimed at high net worth individuals with a minimum age of 50 years, the newly launched category is aimed at providing novice drivers who never had the opportunity to go racing in their youth, as well those more experienced drivers who raced in their younger days and still wish to compete.

Since launching in March the series has garnered plenty of interest, with work progressing behind the scenes to put together the correct package to ensure the one-make category continues to flourish.

Having received high acclaim from the automotive industry and media, the Jaguar XE SV Project 8 is set to become a thoroughbred race car in the series, with development of the car already well underway before testing commences in early 2019.

Series Elite founder, Graeme Glew, said: “The opportunity to develop this awesome car into a fully fledged racer was one that I jumped at. Not only will our drivers own a fantastic race car, when they finally hang up their race boots, they can if they wish, convert their Project 8 back to a road going version, one of no more than 300 will be made by Jaguar Special Vehicle Operations.”

Set to offer a turnkey racing opportunity and designed to appeal to both amateurs and more experienced racers, drivers will be provided with all the relevant training, testing and race experience needed to compete in the new series, with their cars stored and prepared at a centralised team facility.

With visits to Silverstone, Donington Park, Brands Hatch and Portimao all set to feature on the calendar next year, preparations are in full swing for the category to make its mark early next year.

“The last six months have been an intensive period of developments and it’s another milestone for us with the showcasing of the Project 8 car at the International Property Awards event this week,” Glew continued.

“We’ll be introducing the Series to a vey affluent, driven audience and offer them the chance to re-ignite an old passion or achieve an unfulfilled ambition.

“Our original plan was to hold a one-off ‘taster’ race weekend later this year. However, the car development and series preparation has led us to focus on an early 2019 test programme ahead of the inaugural race calendar.

“We’ll be giving our drivers even more track time and an opportunity to be race-ready and fully prepared for what promises to be a very exciting addition to the options for the more mature driver to go racing.

“We’ve also partnered with a number of luxury brands that will be joining us at the event, like-minded businesses who work within the HNWI industry and meet their demands for exclusivity and enriching their lives.”

Those wanting more information on Series Elite should head to https://www.serieselite.com/