After releasing a mysterious teaser image last week, Volvo has lifted the veil off of the track-bound V60 Racing at the Sao Paolo Motor Show that is going on right now in Brazil.
The V60 Racing wears a white and blue paint job that pays homage to the 850 wagon that competed in the British Touring Car Championship in the mid-1990s. Â Save for 18-inch alloy wheels and a body kit all around, the wagon's exterior is mostly stock.
The story is a little different on the inside, where Volvo equipped the V60 with a three-spoke steering wheel, a welded roll cage and bucket seats for the front passengers.  In spite of its sporty vocation, the V60 Racing echews the typical weight-saving techniques and keeps the regular V60's touchscreen infotainment system and climate control unit.
Under the wagon's hood lies a 2.0-liter four-cylinder engine that comes straight from the Volvo parts bin. Â It sends over 250 horsepower to the front set of wheels via a six-speed dual-clutch transmission. Â Volvo opted not to release more precise technical details and it is keeping its lips tightly sealed about performance specifications.
The V60 Racing is not just a show-bound concept and Volvo has promised that it will participate in several racing events in 2013, including the Brasileiro de Marcas, Brazil's touring car championship.  Whether it will race outside of Latin America is not currently known.