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Aston Martin has a history of building stylish and comfortable cruisers but the company recently announced plans for a mid-engine supercar that will slot beneath the Valkyrie.

Little is known about the model but Aston Martin CEO Andy Palmer recently sat down with Autoblog and provided a few new clues about what to expect.

As part of the discussion, Palmer said he believes the Ferrari 488 GTB is currently the best car in its segment and noted "we're going to take it on." In order to compete with the storied automaker, Aston Martin has hired "three of Ferrari's key guys" including their former heads of powertrain and body structures.

Palmer went on to say the company has already made eight quarter-scale clay models of the car and he's particularly fond of one design. He also revealed he has a pretty good idea about what the Ferrari 488 replacement is going to be like so the company is taking that into consideration.

The Ferrari 488 competitor is one of several models under development as the company is also working on the new Vantage and DBX. There have also been rumors about a new Vanquish which will reportedly be based on the DB11.

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