**Update** That's most likely $1,000,000 NZD, which converts to $750,000 U.S. dollars.**Update**

We told you how Hulme was now accepting orders on its F1 supercar for deliveries in 2012. What we didn’t tell you was its one-million-dollar price tag. In a video released by Hulme where it seeks new investors and future owners alike, Hulme mentions the car’s official price of $1 million. This is the first time to our knowledge that the price of the Hulme F1 has been disclosed.

The good news is that the price tag comes with a new redesign. Hulme says that in preparation for the 2012 release, it redesigned the car’s front end as well as its rear wing, and from the sketch provided, we must admit that it looks much better than the outgoing car. But is it enough to draw in the investors and orders that Hulme needs?

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