Is the Devon GTX concept car, the $500,000 sensuously sculpted and blazingly fast car that you see here, set to become America’s next Supercar? Perhaps yes, as it’s got the looks and performance to do it. However, it may be another example of a bright shining star that burned itself out before it really had a chance to get going. The Devon GTX was officially unveiled at the Pebble Beach Concours d’Elegance on August 15, 2009.

On July 23, 2009 the GTX set a Laguna Seca one-lap production car record of 1:35.075 which puts it in the league of the Porsche 911 Turbo. Industry reports had stated that plans were underway to release it as a production car in early 2010, but since then over a year has passed and the promising hot rod is nowhere to be seen.

Scott Devon, the CEO of Los Angeles-based Devon Motorworks was touting the GTX as the “next great American supercar.” He had plans to sell 36 cars a year from his Southern California headquarters, but as of the writing of this article we’re unsure if the company itself is still in business.

In May of 2009 Devon made an unsuccessful bid to acquire the tooling and rights to the Dodge Viper which Dodge had offered up in a bid to raise capital to avoid bankruptcy. His bid of $5.5 million was the only one received by Chrysler and was rejected. The Viper line was later transferred to new owner Fiat.

Interestingly enough, the Devon GTX dies have quite a few Viper tendencies with a wheelbase of 98.8 inches, coil springs and gas-pressurized shocks at all four corners and an 8.4-liter V10 engine under the hood. Sound familiar?