The first new MG roadster since the 1995 MGF made its public driving debut July 14 at England’s Goodwood Festival of Speed.

The Cyberster, expected to go on sale in Europe next summer, is powered by two electric motors generating more than 500 hp. The curb weight, at a hefty 4,079 pounds, sets a record for an MG sports car, but the top speed is reported to be 124 mph. At Goodwood, the car blasted up the hill.

The Cyberster, slightly larger than the BMW Z4 compact sports car, has scissor doors, a Kamm-style rear end and — for an MG — a swanky interior. Although China’s SAIC Motor now owns the MG brand, the Cyberster was mostly designed in England at the company’s London design studios. The car will be built in China.

The MG brand is on a tear globally and is on track to sell 1 million vehicles next year. Officially, MG says the U.S. is not in the company’s plans. However, MG has returned to North America successfully in Mexico.

The brand is celebrating its 100th anniversary. The last MG sold in America was the MGB in 1980.