No that wasn't a typo. Ariel has released some information on their upcoming Hipercar. 0-60 in 2.4. Nearly 1200 hp hybrid car.
http://jalopnik.com/ariels-new-1180-horsepower-hybrid-hipercar-isnt-just-su-1798341416
http://jalopnik.com/ariels-new-1180-horsepower-hybrid-hipercar-isnt-just-su-1798341416