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Genesis eyes Ferrari with this fire-breathing mid-engined GT3 race car

SH ShiokDrive Staff 30 Jun 2026, 11:53
Genesis Magma GT3

Genesis has officially made a complete U-turn on its electric-only ambitions, revealing a slew of combustion-powered concept cars designed to take on some of the biggest players in the performance car segment. The mid-engined GT supercar is set to be its flagship, and it revealed a GT3 variant at the 2026 Le Mans 24 Hours. We saw it for ourselves.

Building on the two-seat Magma GT, a concept it updated less than a year after its initial reveal, Genesis says this GT3 is one of the potential pathways it may take to expand its motorsport division beyond LMDh with its race-proven GMR-001 Hypercar. Genesis says ‘development pathways are yet to be defined’ in a cryptic statement, but the fact this car exists at all is certainly a good sign.

> The Genesis Magma GT supercar has received an update before it's even arrived

Genesis says the Magma GT3 takes a ‘performance first’ design approach, building it from the ground-up. It has been developed in collaboration with sister company Hyundai Motorsport in-line with GT3 regulations, widening the track of the road-spec Magma GT, adding enlarged intakes and ducting and a comprehensive aero package including a huge rear wing, diffuser and front splitter.

In person, it’s immediately clear that this is no clay model mockup of what Genesis hopes it might one day achieve. This is, for all intents and purposes, a fully-fledged, race-ready GT3 car on the surface, finished to a standard far above any ordinary concept car – it even has a full interior, which certainly isn’t the case with most cars at this stage of development.

Genesis Magma GT3

Precisely what engine will lie at its core is not yet confirmed. Genesis has a 3.5-litre twin-turbocharged V6 in its current range, but what we really hope will make its way into this car is a development of the 3.2-litre twin-turbocharged V8 in its GMR-001 Le Mans Hypercar, developed in collaboration with Oreca.

There’s no development timeline set for either the GT3 or its road-based GT counterpart, but initial signs that they will one day make it to market are promising.

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