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Magnum MK5 world premiere set for October 30th (+video)

Canadian automaker Magnum Cars will host the world premiere of its all-new, ultra-lightweight, high-performance sports car on October 30th. The track-oriented, street-legal Magnum MK5 will become the first Canadian model to break through the global supercar market.

Magnum Cars was founded in Quebec in 1968 by Jean-Pierre St-Jacques, a machinist and race car enthusiast who built Gilles Villeneuve's Formula Ford car in the early 1970s.

The company is now headed by his son, Bruno St-Jacques, a former Formula Ford and Formula Atlantic driver.

More details to come on the Magnum Cars Facebook page.