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Aston Martin has released the first image of its newest flagship – the limited edition One-77. Details are scarce, but the One-77 will be powered by a hand-built 7.0-liter V12 nestled inside an aluminum and carbon fiber chassis. 0-60 times are estimated at 3.5-seconds, with a top speed cresting 200 mph.

Announced through a ‘teaser’ advertisement to emphasise its unique nature, Aston Martin One-77 is the ultimate expression of what Aston Martin stands for and will combine modern technology and design with craftsmanship and ultimate exclusivity to create the world’s most desirable automotive art form.

77 examples of the £1 million coupe will be produced and customers will be able to customize the bespoke supercar to meet their individual tastes. The One-77 will be revealed later this year (Paris?) and will go on sale shortly afterwards.

This will be the first all-new vehicle from Aston Martin produced after the brand was sold by Ford to a group of investors spearheaded by Prodrive’s David Richards. We’re also curious to know if the One-77 will play a part in Project Alligator, the rumored collaboration between Aston and Mercedes-Benz. All details will be revealed in due time. Until then let your eyes feast on the only image we have of the upcoming One-77 supercar.

Powered by a new Aston Martin 7.3 litre V12 engine, the Project One-77 will deliver breathtaking levels of power and performance expected to top 700bhp and a maximum speed in excess of 200mph. The dramatically styled two-door, two-seat sports coupe will be based on a new carbon fibre monocoque body structure and adopt active aerodynamic technology.

As the initial working title name suggests, production will be limited up to a maximum of 77 individually numbered examples, with deliveries expected to commence in the fourth quarter of 2009.