Built to commemorate the 20th anniversary of the first production CC8S, the CC850 was originally limited to 50 units to celebrate the company founder Christian von Koenigsegg's 50th birthday,[4] however, due to increased demand it was announced six days later on 25 August 2022 that an additional 20 units would be built.

[5] Despite the similar name, the CC850 does not share any components with the original CC8S and is instead based on the Koenigsegg Jesko.

[7] Steering is rack and pinion, with Koenigsegg's proprietary 9-speed Light Speed Transmission sends power to the rear wheels.

[3] Christian von Koenigsegg claims that with this feature the CC850 "must be the fastest manual car around a racetrack I can think of".

[3] The engine is also borrowed from the Jesko, with smaller turbochargers, resulting in a power output of 1,185 hp (1,201 PS; 884 kW) at 7,800 rpm on regular fuel, or 1,385 hp (1,404 PS; 1,033 kW) on E85.