Manufactured in Modena, Italy and finished at Longbridge, United Kingdom, it was based on the platform of the Qvale Mangusta, formerly the De Tomaso Biguà, itself using parts from the Ford Mustang.

[1] When the production model, now renamed MG XPower SV, was eventually launched the following year, Peter Stevens, previously the exterior designer of the McLaren F1, had made the car's styling more aggressive.

The conversion from a clay model to a production car, including all requirements, was done in just three hundred days, by the Swedish company, Caran.

These were then assembled into a complete body shell, and fitted onto the box frame chassis and running gear, and shipped to the factory of MG Rover, in Longbridge, to be trimmed and finished.

[5] According to the data at the MG XPower SV Club, approximately 82 cars were produced, excluding the four 'XP' pre production prototypes.

Performance data, for the range of the MG XPower SV: In July 2008, William Riley, who claims to be a descendant of the dynasty of Riley Motor, although this has been disputed,[11] bought XPower SV related assets from the administrators of MG Rover, PricewaterhouseCoopers.

[14] It was reported in the press in December 2009, that no new cars had been manufactured by MG Sports and Racing Europe since its founding, and that employment tribunal proceedings had been initiated by two employees, for non payment of wages.

[15] Riley was also arrested by police in December 2009, on suspicion of theft of an XPower WR car, previously sold to one Canadian businessman, who had been working on behalf of the company.