It’s official. The Aston Martin AM-RB 003 project will formally be known as the Aston Martin Valhalla. Just as a refresher, the Valhalla is an upcoming mid-engined hypercar that is developed in collaboration with Red Bull Advanced Technologies.

The name Valhalla literally means ‘the hall of the fallen’, which is an enormous and majestic hall in Asgard, one of the Nine Realms. In ancient Norse mythology, Valhalla is described as a warrior’s paradise, where souls of those who are slain in battle go to rest. These souls are chosen and guided by the Valkyries, a group of warrior maidens who gather the fallen at the behest of Odin, All-Father of Nordic Gods.

Myths aside, the Valhalla sits below the Valkyrie (the production of which is limited to 175 units) in Aston Martin’s range of ultra high performance cars. Just 500 units of the Valhalla will be made, and most of the car will be made out of carbon-fibre. It will be powered by a hybrid V6 powertrain that makes up to 900 hp, offering performance levels close to the Ferrari LaFerrari and Porsche 918 Spyder.

Aston Martin Lagonda president and group CEO, Andy Palmer said: “Aston Martin model names always attract a lot of attention. They do so because they invariably capture an emotion or tell a story. In following the Valkyrie we knew the Aston Martin Valhalla needed to make a strong statement of its own, yet also offer continuity and a clear connection.”

“Norse mythology contains such powerful language and rich storytelling it felt only right that the AM-RB 003 should follow the Valkyrie’s theme. For those fortunate enough to own one I’m sure they will recognise and appreciate the name’s connotations of glory and happiness, for there can be few more hallowed places than the driver’s seat of an Aston Martin Valhalla,” he added.