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They say the best things in life are free…but they haven't seen the incredible RMR Hyundai Genesis PM580. Designed to run the Unlimited Class at the Pikes Peak International Hill Climb, the PM580 is basically a Le Mans-style prototype racer — with all-wheel-drive. And at least 650 horsepower.

Hyundai sent out a preview of the car, but, well, we weren't expecting this. Let's hear from Rhys Millen, the car's designer and racer who will tackle the mountain this summer.

"We are building a car for today's road," said Millen "The car will have a sleek aerodynamic body, the grip of Toyo Proxy tires and the power and durability of a Hyundai engine. This is the package I need to break the record."

By any estimation, the vehicle should be ballistic. A target weight of 1,850 lbs. — less than a Lotus Elise — ensures the 650+ horsepower 4.1-liter turbocharged Hyundai Lambda engine won't go to waste. Also part of the package is an active rear wing to allow a more slippery profile on straights, plus a Quaife active center differential. Hyundai and RMR believe this setup will help the car transition from asphalt and dirt, something the 12.42 mile course does numerous times.

Let's make no mistake: Hyundai is gunning for the outright Pikes Peak record. The current world record hold is Nobuhiro “Monster” Tajima, who ran a 10:01.41 on the 12.42-mile course in an extremely modified Suzuki back in 2007. Tajima's time bested the standing world' record of 10:04.06, set in 1994 by Rhys' father Rod Millen.

The 2010 Pikes Peak International Hill Climb is set for June 27th

More: Rhys Millen Racing Hyundai Genesis PM580 Pikes Peak Race Car Unveiled on AutoGuide.com
 
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