Just a few months ago, we caught wind of a prototype vehicle parked outside of tuning company MTM’s headquarters in Germany. This prototype carried the name Audi R8 V10 BiTurbo and was rumored to pack crazy amounts of power underneath its capable hood. Fast forward to the present and that prototype seems to have developed into a full-fledged tuning package and is headed to the 2011 Geneva Motor Show.

MTM chose to use the 5.0L V10 engine used on their Audi RS6 Clubsport for this model as well, but the RS6’s 730hp rating still falls short of what MTM accomplished with the R8 BiTurbo. The R8 V10 BiTurbo is now capable of 777 hp and 888 NM of torque. Yep, 777 HP. With these updates, the MTM R8 will sprint from 0 to 60 mph in 3.0 seconds, from 0 to 124 in 9.37 seconds, and will hit a top speed of 217 mph.

The engine wasn’t all that was changed though. To get that shiny, mirrored look on the sports car, MTM completely removed its paint and polished it up real nice which took over 700 working hours. An adjustable rear spoiler, a front lip, and MTM Bimoto 20 inch forged rims were also added, as well as some leather on the inside of the R8.

Now that MTM has dazzled everyone with their impressive work on the R8 V10 sports car, we think it’s time to let everyone know that, in order to get this finger-lickin’, suped up Audi, customers will have to dish out $550,000. Yeah, you can pick your jaws up off the floor now.

More details will be revealed at the Geneva Motor Show.